Magic Histogram MT5

5

The Magic Histogram MT5 indicator is a universal tool, suitable for scalping and medium-term trading. This indicator uses an innovative formula and allows you to determine the direction and strength of the trend. Magic Histogram MT5 is not redrawn, so you can evaluate its efficiency using history data.

It is most suitable for M15, M30, H1 and H4.

Magic Histogram for the MetaTrader 4 terminal : https://www.mql5.com/en/market/product/23610

Indicator Benefits

  • Excellent indicator signals!
  • Suitable for beginners and experienced traders.
  • Using the flexible indicator settings, you can adjust the indicator to your trading style.
  • Works on all timeframes.
  • Works on any financial instrument.
  • Does not repaint/redraw.
  • Sending signals to email and mobile devices.


Recommended symbols

AUDUSD, EURUSD, USDCHF, EURJPY, NZDUSD.


Recommended Usage

A Buy signal: the indicator value has changed from negative to positive. 

A Sell signal: the indicator value has changed from positive to negative.

Magic Histogram directly provides a position entry signal. Thus you only need to calculate appropriate stop loss and take profit values.


Parameters

  • Period - indicator calculation period (main parameter). Increasing the value slows the indicator down, which improves the quality of signals and reduces their number. Decreasing the value is more suitable for aggressive traders.
  • Alert - enable or disable Alerts. True - enabled, false - disabled.
  • Email - enable or disable email notifications. True - enabled, false - disabled.
  • Push - enable or disable push-notifications. True - enabled, false - disabled.
  • Type of signal - the setting is responsible for the signal to be sent by Alert, Email and Push. Type of signal can be equal to current bar (sending an alert when signal appears on the current bar) or last bar(when a signal occurred on the past bar).
  • ColorUP - the color of the histogram for Buy signals.
  • ColorDN - the color of the histogram for Sell signals.
  • Width - the width of the histogram.


Reviews 2
Detleff Böhmer
2941
Detleff Böhmer 2022.02.11 15:24 
 

Dieser Indikator liefert sehr gute Ergebnisse. Gut gemacht!

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Magic Moving MT5   is a professional indicator for the MetaTrader 5 terminal. Unlike   Moving Average ,   Magic Moving   provides better signals and is able to identified prolonged trends. In the indicator, you can set up alerts (alert, email, push), so that you won't miss a single trading signal.  You can download the  MetaTrader4 version here :  https://www.mql5.com/en/market/product/26544 Advantages of the indicator Perfect for scalping. Generates minimum false signals. Suitable for beginners
Alpha Trend
Evgeny Belyaev
3 (4)
Alpha Trend is a trend indicator for the MetaTrader 4 platform; it has been developed by a group of professional traders. The Alpha Trend indicator finds the most probable tendency reversal points, which allows making trades at the very beginning of a trend. This indicator features notifications, which are generated whenever a new signal appears (alert, email, push-notification). This allows you to open a position in a timely manner. Alpha Trend does not redraw, which makes it possible to evalua
Smart Reversal Signal
Evgeny Belyaev
3 (2)
Smart Reversal Signal  is a professional indicator for the MetaTrader 4 platform; it has been developed by a group of professional traders. This indicator is designed for Forex and binary options trading. By purchasing this indicator, you will receive: Excellent indicator signals. Free product support. Regular updates. Various notification options: alert, push, emails. You can use it on any financial instrument (Forex, CFD, options) and timeframe. Indicator Parameters Perod - indicator calculat
If you trade on financial markets, you’ve probably realized how important the spread is—the difference between the buy (ask) and sell (bid) price can seriously impact your profit.   Spread Size   is a simple yet highly useful indicator that displays the current spread right on the chart. No more constantly monitoring data manually—everything is right in front of your eyes! Why is it needed? The spread isn’t just a number. It’s your real money. A low spread means entering and exiting a trade will
FREE
Currency RSI Scalper MT5   -is a professional indicator based on the popular Relative Strength Index (RSI) indicator. This product is an oscillator with dynamic overbought and oversold levels, while in the standard RSI, these levels are static and do not change. This allows Currency RSI Scalper to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely manner and avoid sitting at
Magic Candles   is a new product that allows identifying the current market phase (uptrend, downtrend or flat). This indicator paints bars in different colors depending on the current state of the market and signals the user about trend changes with alerts. Magic Candles   is perfect for trading currencies (including cryptocurrencies) and binary options. Advantages Suitable for scalping and intraday trading. The indicator does not redraw (recalculate), signals are generated strictly on the "Clo
Sign of victory is a new indicator based on three digital filters. The indicator plots three histograms in a separate window, and also draws an arrow on the price chart. Each histogram is a digital filter that converts quotes and decomposes them into trends: buy or sell. The examples of market entries using this indicator are shown on the screenshots using arrows. This indicator can help traders better assess the market situation. Sign of victory features The indicator is perfect for scalping a
Advanced Stochastic Scalper
Evgeny Belyaev
4.56 (16)
Advanced Stochastic Scalper - is a professional indicator based on the popular Stochastic Oscillator. Advanced Stochastic Scalper is an oscillator with dynamic overbought and oversold levels, while in the standard Stochastic Oscillator, these levels are static and do not change. This allows Advanced Stochastic Scalper to adapt to the ever-changing market. When a buy or a sell signal appears, an arrow is drawn on the chart and an alert is triggered allowing you to open a position in a timely mann
Do you want to succeed in the Forex market? Our innovative   AI Swing Trading   indicator is your secret key to successful and profitable trading. We present to you this unique tool: Our indicator is equipped with a built-in neural network that allows you to analyze huge amounts of data, identify changes and predict price movements. This technology allows you to make informed trading decisions based on in-depth market analysis. The indicator algorithm is based on: Fibonacci levels, Price Actio
The Close All Charts utility is designed for quick and convenient closure of all open charts in the MetaTrader 5 (MT5) platform. It will be especially useful for traders who work with a large number of instruments and charts simultaneously, as well as for those who prefer to maintain order in their workspace. When testing advisors in the strategy tester with different parameters, a large number of charts often open. The Close All Charts utility is able to close them in just 1 second, which avoid
FREE
Exclusive Bollinger MT5
Evgeny Belyaev
2.67 (3)
Exclusive Bollinger is a professional indicator based on the popular Bollinger Bands indicator and provided with an advanced algorithm. Unlike the standard Bollinger , my Exclusive Bollinger provides better signals and is equipped with flexible settings allowing traders to adjust this indicator to their trading style. In the indicator, you can set up alerts (alert, email, push), so that you won't miss a single trading signal. Exclusive Bollinger for the MetaTrader 4 terminal :  https://www.mql5.
The Magic Histogram indicator is a universal tool, suitable for scalping and medium-term trading. This indicator uses an innovative formula and allows you to determine the direction and strength of the trend. Magic Histogram is not redrawn, so you can evaluate its efficiency using history data. It is most suitable for M5, M15, M30, H1 and H4. Version for the MetaTrader 5 terminal :  https://www.mql5.com/en/market/product/58448 Indicator Benefits Excellent indicator signals! Suitable for beginne
Exclusive Trend
Evgeny Belyaev
5 (3)
Exclusive Trend is a trend indicator that can be used for scalping, as well as intraday trading. Advantage of indicator: Generates minimum false signals. Perfect for scalping. Simple and easy indicator configuration. Recommendations on usage It is recommended to use the indicator during session movements to reduce the likelihood of falling into flat. Period M1 to D1. Trending currency pairs: GBPUSD, EURUSD, AUDUSD. Signals for Position Opening: Open Buy when the indicator is blue. Open Sell w
Magic Channel
Evgeny Belyaev
4.5 (2)
Magic Channel is a channel indicator for the MetaTrader 4 terminal. This indicator allows finding the most probable trend reversal points. Unlike most channel indicators, Magic Channel does not redraw. The alert system (alerts, email and push notifications) will help you to simultaneously monitor multiple trading instruments. Attach the indicator to a chart, and the alert will trigger once a signal emerges. With our alerting system, you will never miss a single position opening signal! You can t
Exclusive Trendline
Evgeny Belyaev
4.33 (3)
Every experienced trader knows that the trend lines should be paid attention in Forex trading. But plotting trend lines takes time, and there can be many of them on the chart as well... Yikes!!! Do you want to know how to easily and simply automate this process? Then read on. There is a solution - a smart and reliable indicator of trend lines - the Exclusive Trendline . All you need to do is attach the indicator to the chart, and it will draw all possible trend lines for you. You just have to ad
Best Scalper Oscillator
Evgeny Belyaev
3.33 (3)
Best Scalper Oscillator is an indicator for MetaTrader 5 based on mathematical calculations on the price chart. This is one of the most common and useful indicators for finding the trend reversal points.  Best Scalper Oscillator is equipped with multiple types of notification (push notifications, emails, alerts), which allows opening trades in time.  Distinctive features Generates minimum false signals. Excellent for identifying trend reversals. Perfect for scalping. Suitable for working on th
The Psychological levels indicator for the MetaTrader 4 terminal. Forex trading is very closely related to psychology. The psychological factors often cause spikes in demand or supply, which is bound to affect the movement of the currency quotes. In Forex, the price usually moves within a certain price corridor, the so-called psychological levels often serve as the boundaries of such corridors. Where are these levels located, and what causes their formation? The psychological Forex levels occur
Spread Monitoring
Evgeny Belyaev
5 (1)
Spread Monitoring is a unique product for analyzing a spread. Unlike most similar indicators, Spread Monitoring uses ticks rather than bars allowing you to detect abnormal spread expansions. Features Works on ticks rather than bars. Simple and easy indicator configuration. Works on all timeframes. Works on any financial instrument. No repainting. Parameters Total - number of displayed ticks. clrSpread - indicator line color.
FREE
Click Info
Evgeny Belyaev
The Click Info is a simple utility that allows the trader to quickly receive information about the High, Low, Open, Close, Time values of the current chart. In order to receive information about a bar, it is necessary to left-click the selected candle. Depending on the settings, either a pop-up Alert or a Comment with the information appears. Information on the bar values (High, Low, Open, Close, Time) can be extremely useful in practice of trading using graphical analysis, evaluation of the Pri
Exclusive Average is a custom trend indicator based on the standard Simple Moving Average with an improved operation logic. Signals for Position Opening: Open Buy when the price crosses the indicator line upwards. Open Sell when the price crosses the indicator line downwards. Advantages Good signals. The indicator does not repaint. Sending signals to email and mobile devices. Exclusive Average indicator parameters Indicator_Period - indicator calculation period. SendPush - sending push notific
The "Volumes Alert Push Mail" is an indicator for the MetaTrader 4, which is based on the standard Volumes indicator with functions for generating alerts, sending messages to email and mobile terminals. Advantages of the "Volumes Alert Push Mail" indicator Highly customizable visualization. Receiving signals in any way possible: emails, push-notifications and alerts. Free technical support from the developer. Parameters Volume - indicator value for sending the messages. Bar - the setting accep
EW oscillator
Evgeny Belyaev
5 (1)
The EW oscillator is an indicator for the MetaTrader 4 based on mathematical calculations on the price chart. Distinctive features Generates minimum false signals. Excellent for identifying trend reversals. Perfect for scalping. Simple and easy indicator configuration. Suitable for working on the smaller timeframes (up to H4). Works on any financial instrument. Recommended symbols EURUSD, EURGBP, USDCHF, AUDNZD, AUDCAD, GOLD. Recommendations on usage The buy signal is formed when the level 20
Eldorado MT4
Evgeny Belyaev
Eldorado MT4 is a new MetaTrader 4 indicator based on a digital filter, it has been developed by a professional trader. By purchasing this indicator, you will receive: Excellent indicator signals! Free product support. Regular updates. You can use it on any financial instrument (Forex, CFD, options) and timeframe. Simple indicator setup, minimum parameters. Signals for Position Opening: Open Buy when the channel goes up. Open Sell when the channel goes down. Recommended Usage It is recommended t
The List swap is an indicator for the MetaTrader 4 platform, which allows to display swaps for all symbols (available in the Market Watch). When using the free demo version, you need to remember that the Strategy Tester of the MetaTrader 4 does not provide the ability to obtain data on other symbols. In the Strategy Tester, the swap information will be displayed only for the symbol the indicator is attached to. The indicator can be useful for traders utilizing the "Carry trade" strategy, as well
Every experienced trader knows that the trend lines should be paid the special attention in Forex trading. But plotting trend lines takes time, and there can be many of them on the charts… Do you want to learn how to quickly and easily automate this process? Then read on. There is a solution — smart and reliable trend line indicator, the Automatic Trendline . All you need to do is attach the indicator to the chart, and it will draw all possible trend lines for you. You just have to admire the re
The Volatility Pro is a professional indicator for the MetaTrader 4 platform This indicator can be used to calculate the volatility using two methods. It is also possible to apply a moving average to the volatility histogram. This indicator allows to easily identify the bars with high volatility, and it will also be useful for traders who trade the volatility breakouts. By purchasing this indicator, you will receive: Excellent indicator signals. Free product support. Regular updates. Unique ind
Exclusive Oscillator is a new trend indicator for MetaTrader 4, which is able to assess the real overbought/oversold state of the market. It does not use any other indicators and works only with the market actions. The indicator is easy to use, even a novice trader can use it for trading. Exclusive Oscillator    for the MetaTrader 5 terminal :  https://www.mql5.com/en/market/product/22300 Advantages Generates minimum false signals. Suitable for beginners and experienced traders. Simple and easy
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y728115
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y728115 2022.06.25 08:18 
 

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Detleff Böhmer
2941
Detleff Böhmer 2022.02.11 15:24 
 

Dieser Indikator liefert sehr gute Ergebnisse. Gut gemacht!

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