Sipho Hlatshwayo
New Member
4. Then, there's Histogram Indicator
This indicator works based on the calculation of maximum and minimum price levels from the
previous periods, applying some advanced math calculations to the relations between the current price
and the max/min prices.
It's easy to trade with this indicator. You can close
short positions and go long when the lines' color change from red to yellow. You can close long
positions and go short when the lines' change from yellow to red. It was very accurate on H1 chart. Just
like other indicators, this indicator can not be used to open a position
This indicator works based on the calculation of maximum and minimum price levels from the
previous periods, applying some advanced math calculations to the relations between the current price
and the max/min prices.
It's easy to trade with this indicator. You can close
short positions and go long when the lines' color change from red to yellow. You can close long
positions and go short when the lines' change from yellow to red. It was very accurate on H1 chart. Just
like other indicators, this indicator can not be used to open a position
