A trend indicator that uses the Standard Deviation.
The author believes that it is one of the most interesting modifications of Bollinger Bands. It shows the standard deviation in the bar representation.
Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 01.01.2007.
Figure 1. The bbhisto indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2173
A colored cloud drawn on the difference of smoothed lines PLUSDI and MINUSDI of the ADX indicator.Exp_BW-wiseMan-1
A trading system using the BW-wiseMan-1 semaphore signal indicator.