Precise trend (histo) - MetaTrader 5 script | Forex indicator download - MT4/MT5 resources
The well-known "Exact Trend" indicator - made as a histogram version.
The indicator is similar to some existing indicators and has certain deviations, which makes it reasonable to use it as a separate indicator. This tends to be a good trend indicator. This version is the histogram version of the indicator that colors the histogram bars according to the current "Trend" status.
Here's how it relates to the "regular" version:
Attachment download
📎 precision_trend_vhisto8.mq5 (12.41 KB)
Source: MQL5 #17926
Precise trend (histo) - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resource usage and screening suggestions
Precise trend (histo) - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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