MA 2 Histogram

4.5

The indicator is based on two Moving Averages. Its only difference from traditional indicators is that it is presented as a histogram.

The histogram has four colors; each color represents a MA with its own period.

In case of a descending trend, if a price is lower than a moving average, the indicator displays a value lower than the red zero level. In case of ascending trend, the indicator value is higher than the green zero level.

Parameters:

  • Period MA 1 - Period of the first moving average.
  • MA 1 method: - Method of the first moving average (SMA - simple averaging, EMA - exponential averaging, SMMA - smoothed averaging, LWMA - linearly weighed averaging).
  • Apply to: - Application to the price of the first moving average (Close price - price of closing, Open price - price of opening, High price - maximum price for a period, Low price - minimum price for a period, Median price - meridian price, (high+low)/2, Typical price, (high+low+close)/3, Weighted price - weighed average price, (high+low+close+close)/4).
  • Period MA 2 - Period of the second moving average.
  • MA 2 method: - Method of the first moving average (SMA - simple averaging, EMA - exponential averaging, SMMA - smoothed averaging, LWMA - linearly weighed averaging).
  • Apply to: - Application to the price of the second moving average (Close price - price of closing, Open price - price of opening, High price - maximum price for a period, Low price - minimum price for a period, Median price - meridian price, (high+low)/2, Typical price, (high+low+close)/3, Weighted price - weighed average price, (high+low+close+close)/4).
Reviews 2
simonlongster
250
simonlongster 2025.06.11 15:14 
 

Very useful indicator - works perfectly and it's free. Thanks!

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TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren
Peak Formation Dashboard Pro MT4
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Indicators
The Propfolio Master Suite is the ultimate all-in-one analytical workstation for professional traders. Combining the power of the Beat The Market Maker (BTMM) methodology, Smart Money Concepts (SND/Liquidity), and Advanced Volume Profile, this suite replaces multiple different indicators with one optimized engine. Monitor up to 14 pairs simultaneously from a single chart, instantly identify market cycles, and seamlessly map institutional footprints with the click of a button. The Command Center
RFI levels PRO
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The indicator accurately shows the reversal points and price return zones where the   Major players . You see where new trends are forming and make decisions with maximum precision, maintaining control over every trade. VERSION MT5     -     Reveals its maximum potential when combined with the   TREND LINES PRO   indicator What the indicator shows: Reversal structures and reversal levels with activation at the beginning of a new trend. Display of   TAKE PROFIT   and   STOP LOSS   levels with mi
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Trading Special – 40% OFF Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and c
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Strategy Builder The Strategy Builder indicator allows you to create classic and individual strategies without loading the chart with a large number of indicators and without tracking many different indicators to identify the true signal. Strategy Builder displays signals in the form of arrows on 30 standard indicators, 23 indicators showing classical and hidden divergence, receiving signals from Fibonacci levels, horizontal, trend lines and rectangle. With the help of this indicator, you can
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The indicator calculates the levels by ATR daily range using the equations: 1AR = Open + ATR -1AS = Open - ATR AR 1/2 = Open + (ATR / 2) AS -1/2 = Open - (ATR / 2) AR 1/4 = Open + (ATR / 4) AS -1/4 = Open - (ATR / 4) AR 3/4 = Open + ((ATR*3) / 4) AS -3/4 = Open - ((ATR*3) / 4) AR 2 = Open + (ATR*2) AS -2 = Open - (ATR*2) Parameters Period ATR - ATR period Shift time - shift by time for Open Color opening of day - Open line color Color 1AR, -1AS - 1AR, -1AS line color Color AR 1/2, AS -1/2 - AR 1
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The indicator makes levels according to local maximums and minimums of a week, a month, or a year. Parameters: Week number - number of weeks for lines display Week level color - Week line color Month number - number of months for lines display Month level color - Month line color Year number - number of years for lines display Year level color - Year line color Width line - Width of lines Style line - Style of lines
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The indicator displays signals of different indicators (which can be selected in parameters) on a chart when zero level is crossed. AO, AC or AO+AC if signals of two indicators coincide. The indicator shows an Alert message (pop-up window) when a signal appears. Parameters: Indicators - Selection of the indicator AO, AC, AO+AC. Bars - Number of bars in history for display of signals. Alert - Pop-up window in case of a signal.
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The indicator displays trend reversal in the form of arrows. The indicator does not change its values (is not redrawn) after a signal. The program notifies about arrows by means of a pop-up window, or sending notification to e-mail. This is a multitimeframe instrument. Values of the indicator may be displayed from higher timeframes. Parameters Time-frame - select time session; zero is the current timeframe (Time-frame cannot be lower than the current time interval). Bars - number of bars on the
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Pavel Shutovskiy
Indicators
The indicator builds levels from beginning of a week or a month, or according to local Highs and Lows. These levels are meant for detection of strong support and resistance levels on a chart. Most big players of the market are guided by particularly these data: opening of the week or opening of the month. Breakout of one or several Highs and price consolidation on these levels suggest that market intends to grow. Breakout of Lows and price consolidation bears evidence of market's intention to mo
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Pavel Shutovskiy
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The indicator is designed for scalping fans, it gives signals of an average of ten pips. The indicator is based on mathematical calculation, it determines the average range of the price channel, which is generally formed at the time of accumulation of positions. Once the price moves beyond its borders, a signal is generated in the form of an arrow. The indicator has a minimum of settings: the period for which you need to calculate, and the frequency of signals (the signal frequency is determined
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Pavel Shutovskiy
4 (1)
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The indicator has been developed for scalping. The indicator is based on a mathematical calculation that determines the percent range of the price channel, which is generally formed at the time of the accumulation of positions. Once the price moves beyond its borders, a signal is generated in the form of dots. The indicator has a minimum of settings - the frequency of signals. Smaller values produce more signals. Parameters: Multiplier - the frequency of signals (with lower values signals are m
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Pavel Shutovskiy
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The indicator uses the Envelopes channel in its calculations, which allows working with dynamic support and resistance levels. It also considers the direction and strength of the trend, as well as the mathematical calculation that determines the percent range of the price channel, which is generally formed at the time of the accumulation of positions. It first generates a preliminary signal in the form of a round arrow. Then it is necessary to wait for a normal arrow and enter the market only af
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Pavel Shutovskiy
Indicators
This indicator displays the signals of the ADX indicator (Average Directional Movement Index) as points on the chart. This facilitates the visual identification of signals. The indicator also features alerts (pop-up message boxes) and sending signals to e-mail. Parameters Period - averaging period. Apply to - price used for calculations: Close, Open, High, Low, Median (high+low)/2, Typical (high+low+close)/3, Weighted Close (high+low+close+close)/4. Alert - enable/disable alerts. EMail - enable
ADX arrow N
Pavel Shutovskiy
Indicators
ADX arrow   This indicator displays the signals of the ADX indicator (Average Directional Movement Index) as points on the chart. This facilitates the visual identification of signals. The indicator also features alerts (pop-up message boxes) and sends signals to e-mail. Parameters: Period  - averaging period. Apply to  - price used for calculations: Close, Open, High, Low, Median (high+low)/2, Typical (high+low+close)/3, Weighted Close (high+low+close+close)/4. Alert  - enable/disable alerts. E
ATR Pivots
Pavel Shutovskiy
Indicators
The indicator calculates intraday levels based on the average daily price range, builds support and resistance levels that may be reversal. Parameters Period ATR - period of the ATR indicator Shift time - time offset for the opening of the day Color opening of day - color of the opening line of the day Color 1AR, -1AS - line color 1AR, -1AS Color AR 1/2, AS -1/2 - line color AR 1/2, AS Color AR 1/4, AS -1/4 - line color AR 1/4, AS -1/4 Color AR 3/4, AS -3/4 - line color AR 3/4, AS -3/4 Color
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simonlongster
250
simonlongster 2025.06.11 15:14 
 

Very useful indicator - works perfectly and it's free. Thanks!

Maksym Mudrakov
30050
Maksym Mudrakov 2016.08.31 09:15 
 

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