A trend indicator drawn in the form of a histogram. When a trend is weak, the histogram is gray.
The trigger threshold is determined by the value of the indicator input parameter:
input int AngleTreshold=15; // Trigger threshold
When the price change direction coincides with the histogram direction, the histogram is dark, otherwise it is bright.
Figure 1. The LSMA_Angle indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2174
A trend indicator that uses Standard Deviation.ADXCloud
A colored cloud drawn on the difference of smoothed lines PLUSDI and MINUSDI of the ADX indicator.
Stochastic Momentum from the book "Momentum, Direction and Divergence" by William Blau implemented in the form of a color histogram with a signal line in the form of a colored cloud.MultiJFatlSpeedx7Signal
The MultiJFatlSpeedx7Signal indicator shows information on active trends using the values of seven JFatlSpeed indicators from different timeframes.