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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
2885
Detleff Böhmer 2022.02.11 15:24 
 

Dieser Indikator liefert sehr gute Ergebnisse. Gut gemacht!

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Advanced Stochastic Scalper MT5 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 ma
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The   Advanced Trend Scalper  indicator is designed to help both novices and professional traders. The indicator analyses the market and gives you buy and sell signals. It does not use any other indicators, it works only with the market actions. The signal appears right after the candle close and it does not repaint. The efficient algorithm provides a high degree of reliability of such signals.  Advanced Trend Scalpe r  for the MetaTrader 5 terminal :  https://www.mql5.com/en/market/product/3334
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
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
Advanced Stochastic Scalper
Evgeny Belyaev
4.53 (15)
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
Magic Channel Scalper  is a channel indicator for the MetaTrader 5 terminal. This indicator allows finding the most probable trend reversal points. Unlike most channel indicators, Magic Channel Scalper 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
The   Advanced Trend Scalper MT5  indicator is designed to help both novices and professional traders. The indicator analyses the market and gives you buy and sell signals. It does not use any other indicators, it works only with the market actions. The signal appears right after the candle close and it does not repaint. The efficient algorithm provides a high degree of reliability of such signals.  Advanced Trend Scalpe r  for the MetaTrader 4 terminal :  https://www.mql5.com/en/market/product/
The   Spread Pulse MT5   indicator is an effective tool that provides traders with information about the current spread on the chart. Spread is the difference between the purchase price and sale price of an instrument. The indicator is presented in the form of text that is displayed on the chart. This allows the trader to easily track the current spread. One of the main advantages of the Spread Pulse indicator is its color visualization. Depending on the spread size, the text color changes. By
Alpha Trend MT5 is a trend indicator for the MetaTrader 5 platform; it has been developed by a group of professional traders. The Alpha Trend MT5 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 t
Alpha Trend
Evgeny Belyaev
3.33 (3)
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
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
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
Exclusive Stairs is a trend indicator for the MetaTrader 5 platform. Its operation algorithm is based on moving averages, processed by special filters and price smoothing methods. This allows the Exclusive Stairs to generate signals much earlier than the conventional Moving Average. This indicator is suitable both for scalpers when used on the smaller timeframes and for traders willing to wait for a couple of days to get a good trade. Exclusive Stairs  for the MetaTrader 4 terminal :  https://ww
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
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
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
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
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
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
MA on Fractals is a professional trend-following indicator for MetaTrader 4 . It builds a moving average using Bill Williams' fractals. We believe that MA on Fractals is much more efficient than a standard moving average. Its combination with other indicators allows receiving more accurate trading signals. It is most suitable for M15, M30, H1 and H4. Advantages Unique indicator. Generates minimum false signals. Suitable for beginners and experienced traders. Simple and easy indicator configurat
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
Ticks Line Chart is a professional indicator for the MetaTrader 4 platform. This indicator allows displaying a tick chart in a separate window, so that you can see price changes inside bars. Note that the Strategy Tester of the MetaTrader 4 trading platform only shows the static spread, that is why in in the tester the distance between the ASK and Bid prices will always be the same. Indicator Benefits Perfect for scalping. A unique indicator, there are no free analogues. Using the flexible indi
Exclusive Bollinger
Evgeny Belyaev
4.2 (5)
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 5 terminal :  https://www.mql5
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y728115
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y728115 2022.06.25 08:18 
 

User didn't leave any comment to the rating

Detleff Böhmer
2885
Detleff Böhmer 2022.02.11 15:24 
 

Dieser Indikator liefert sehr gute Ergebnisse. Gut gemacht!

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