DMI ADX Histogram Oscillator Indicator

Introduction to the DMI ADX Histogram Oscillator Indicator The DMI ADX Histogram Oscillator Indicator is, as the name suggests, a combination of the Average Directional Index (ADX) and the Directional Movement Index (DMI). As you probably know, the ADX measures the trend strength of an asset, and DMI defines its market direction. In the result,…

Color OsMA Indicator

Introduction to the Color OsMA Indicator The Color OsMA Indicator is based on the Oscillator of Moving Average, but this one shows colored histogram bars. It is rather a simple tool that comes in handy in the determination of markets trend momentum. The Color OsMA Indicator fits all kinds of timeframes and currency pairs. It…

QQE Histogram Indicator

Introduction to the QQE Histogram Indicator The QQE Histogram Indicator is another variation of the original QQE indicator, which was only used to show the QQE values. The QQE Histogram indicator, as the name suggests, shows signals in the form of a histogram, demonstrating a clear momentum overview and overbought/oversold levels. The QQE Histogram Indicator…

Automatic Trendlines Histogram Indicator

Introduction to the Automatic Trendlines Histogram Indicator The Automatic Trendlines Histogram Indicator works in two fields simultaneously. It draws automatic trendlines and displays trend histogram bars at the same time. The auto trendline is your dynamic support and resistance levels, while trend oscillator (histogram) comes in handy as a trend direction filter. The Automatic Trendlines…

WPR Smooth Histogram MTF Indicator

Introduction to the WPR Smooth Histogram MTF Indicator The WPR Smooth Histogram MTF Indicator is a forex trading indicator based on the Williams’ Percent Range determining forces of bulls and bears in the market. As the name suggests, this is a histogram so the trading signals are represented in the form of histogram bars. Moreover,…

Jurik Smooth Histogram MTF Indicator

Introduction to the Jurik Smooth Histogram MTF Indicator The Jurik Smooth Histogram MTF Indicator is a simple forex trend oscillator that helps to understand the current market momentum and notifies you of possible changes in the market trends. It uses histogram bars to display its trade signals. The developer of the Jurik Smooth Histogram placed…

Forex Tyrannosaurus Indicator

Introduction to the Forex Tyrannosaurus Indicator The Forex Tyrannosaurus indicator uses a custom formula to calculate trend momentum and depicts these values in the form of histogram bars colored into blue and red. It’s pretty straightforward to use the Forex Tyrannosaurus indicator, simply blue bars reflect bullish trend and red bars reflect bearish trend. We…

Candle Average V3 Indicator

Introduction to the Candle Average V3 Indicator The Candle Average V3 indicator uses a custom formula to calculate values and displays them in the form of histogram bars. When these bars take positive values (above 0) a trader should be looking for buy opportunities. Similarly, when these bars take negative values (below 0) a trader…

Glitch Index Indicator

Introduction to the Glitch Index Indicator The Glitch Index indicator is a custom forex histogram indicator that shows the index of the price deviation from its average value. That gauge was first introduced in the February edition of Active Trader Magazine in the year 2004. Since then, it has continued to gain popularity and support…

RSI Divergence Candles Indicator

Introduction to the RSI Divergence Candles Indicator The RSI Divergence Candles indicator is a momentum oscillator that measures the speed and change of price movements. The indicator is displayed in a separate window placed just below the main trading chart. The signals are shown in the form of candles that are colored differently in a…