Platform: MetaTrader 4
Skill Level: Intermediate traders
Indicator Categories: Oscillators, Signal & Forecast, Trading Assist
Indicator Types: Entry/Exit, Trend, Reversal
Timeframes: Multi-timeframe compatible
Trading Styles: Day Trading, Intraday, Scalping
Trading Instruments: Forex, Stocks, Indices, Cryptocurrency
Market Phases (Histogram Colors):
- Yellow → Range market, sideways conditions
- Red → Bullish trend, buy signal opportunity
- Green → Bearish trend, sell signal opportunity
Uptrend Example: Red histogram appears → bullish trend → consider buy entry
Downtrend Example: Green histogram appears → bearish trend → consider sell entry
Ranging Market Example: Yellow histogram → market is sideways → avoid trades or wait for trend
Helps traders identify optimal setups quickly
Combines easily with other trading strategies
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