Forex SimSim Histogram open up or down MT4 Indicator:
About the Forex SimSim Histogram open up or down MT4 Indicator
The indicator calculates and summarizes data from 25 standard indicators. The trader determines which standard indicators to use. As a result of the calculation, we get the current signal level, and color the histogram by color: buy, sell, or neutral value.
The indicator has a testing system that you can try out by downloading the demo version.
The indicator can be a good addition to your trading strategy.
This instance of the indicator in the category is free, because it only works with the NZDCHF pair.
Minimum signal level(0-100)% – Minimum Signal (0-100)%
Seconds data update – Update data seconds
Additional input parameters
Indicator Line Thickness – the Thickness of the indicator lines
Shopping colors-shopping Colors
Color for sales – sales Colors
Color neutral – Color neutral
Text color – Text color
Text Font Size – the font Size of the text
Minimal bar in history – Minimum bar in history
For indicator testing only/only for testing
Profit level – the profit Level
Stop loss level – stop loss Level
Save test result in file folder-Save the test result in the file folder
The parameters of the standard indicators for calculating the signal. True-participates in the calculation, False-does not participate.
# 01 Use RSI: Value>50 Buy / Value<=50 Sell – if the indicator value is higher than 50 – Buy signal, if it is lower than or equal to 50-Sell signal.
# 03 Use CCI: Value>0 Buy / Value<=0 Sell – if the indicator value is higher than 0 – Buy signal, if it is lower than or equal to 0-Sell signal.
# 05 Use ADX: PLUSDI>MINUSID Buy / PLUSDI<=MINUSID Sell – If the indicator line is PLUSDI>MINUSID-Buy signal, if PLUSDI<=MINUSID Sell signal.
# 25 Use RVI: Value>0 Buy / Value<=0 Sell – if the indicator value is higher than 0 – Buy signal, if it is lower than or equal to 0-Sell signal.
Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)