Color Histogram without Shading - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resource
This indicator looks for bars without shadows. Use drawing style DRAW_COLOR_HISTOGRAM. When the absence of one or both wicks is detected, a histogram bar of the corresponding color is drawn:
Attachment download
📎 without_shadow_color_histogram.mq5 (7.5 KB)
Source: MQL5 #22239
Color histogram without shading - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening recommendations
Color Histogram without Shading - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 resources are Forex 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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