here is a picture and the indicator.
What I mean is a histogramm from LabTrend but just from the candles, not the points.
Here is a version when it is converted to histogram : labtrend1_v4.1_histo.mq4
that´s great, many thanks for your effort.
If you promise not to give me a black eye, could I ask to code an EA that would combine "RSI5-3EMA_MTF, 1H (e-3) mod" (Indi 1) and "LabTrend Histo-mnc" (Indi 2) please? Not sure how stupid the idea is because I have zero experience in coding. The EA would have the below strategy,
Entry Strategy: A long position is only valid when a bullish cross over takes place (RSI-EMA signal from indi 1) while the price is within the bullish histo area (signal from indi 2). Hold position until a reverse signal is valid.
Exit Strategy: A short position is only valid when a bearish cross over takes place (RSI-EMA signal from indi 1) while the price is within the bearish histo area (signal from indi 2). Hold position until a reverse signal is valid.
It may not be the best profitable robot ever, but it should minimise the number of loosing trades and thus improve profit factor and reduce relative draw down.
Hope you are not looking for your base ball bat.
Can it be made without the blank fields?
I apologize for my bad english.
Thank you for your work, and i appeal to you with a request.
Can you add alert on the confirmed peak? And maybe buffer for EA on confirmed bullish and bearish zigzag.