Market / MetaTrader 4 / Indicators /

QV2 Histogram

30 USD

Demo downloaded: 2

Published: 22 November 2022

Current version: 1.0

QV2 Histogram

Indicators
Joao Marcilio
Joao Marcilio
Brazil

1484
- https://www.mql5.com/en/users/joaomarcilio/seller
2 topics
Version: 1.0
Activations: 5

The Qv² Histogram - Indicator developed for traders with advanced experience. This indicator has two purposes:

1-) Identify price normality patterns (green color)

2-) Identify abnormal price patterns “outliers” (red color)

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Interpretation for trades in start trend:

Histogram (Green color) crossing the zero line upside - uptrend.

Histogram (Green color) crossing the zero line downside - bearish trend.

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Interpretation for trades at the end of the trend, looking for continuity or reversal “outliers”:

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Note: Important: in this case, it is recommended to use other indicators to help in take decision between trend or reversal, I recommend my seller section where you can find other indicators to match the operation model chosen by you. Click here to learn more.

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Histogram (red color) at positive Max Up (outlier signal)

• Top Outlier Signal = Possibility of bullish continuity

• Top Outlier Signal = Possibility of Bullish Reversal

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Histogram (red color) in negative min down (outlier signal)

• Outlier Min Down Signal = Possibility of bearish continuation

• Outlier Min Down Signal = Bearish Reversal Possibility

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Important note:

• This indicator use any timeframe.

• This indicator use any symbol.

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Good trades!

Learn More click here

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QV2 Histogram

Joao Marcilio