A simple indicator

 

I hv tried this indicator and very constant. On 1H or 4H

Files:
HAMA.mq4  4 kb
 

how to used hama?

 

This is basically a trend indicator. Install into MT4. (experts,indicators file). You will see the size of the squares getting bigger if the trend is strong or smaller if the trend is getting weaker. Use it along your other indicators to re confirm the trend. Let me know if need any other help. Thanx

 

Thanks Naresh

 

ok.tnx

 

indicators usage now clearer with other indicator.thanks

 

how you guys figure out if the move is going to be short or long?

 

I think with this indicator (if using just as it is) that is not possible

Reason: