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The next indicator is an histogram that compares the difference between highest high of x bars and moving average of same bars compared with the difference between lowest low of same number of bars and moving average also of the same number of bars (that means that if the difference between highest high and moving average is higher than difference between lowest low and moving average the indicator will draw values higher than 0).

It has the next inputs:

  • maperiods: Number of bars to calculate the moving average, highest high and lowest low.
Indicator can be customized in terms of colour, style, width and you can plots as max levels as you like.

Note: This is a DEMO version that only works on AUDJPY (it means that if you open the indicator with another pair the indicator will automatically close) charts if you want the full version buy the product HistoDiff.

Tim Eubanks
Tim Eubanks 2018.03.16 04:38 

Not so good to trade with.

Maksym Mudrakov
Maksym Mudrakov 2016.08.31 18:56 

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