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Trend Histogram MT4
If the direction of the market is upward, the market is said to be in an uptrend; if it is downward, it is in a downtrend and if you can classify it neither upward nor downward or rather fluctuating between two levels, then the market is said to be in a sideways trend.
This indicator shows Up Trend (Green Histogram), Down Trend (Red Histogram) and Sideways Trend (Yellow Histogram).
Only one input parameter: ActionLevel. This parameter depends of the length of the shown sideways trend.