Precision trend (histo) – indicator for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • A well known “precision trend” indicator — made as a histogram version.

    Indicator is similar
    to some existing indicator, but there are some deviation which makes it
    justifiable to have it as a separate indicator. It tends to be a good
    indicator for trends. This version is the histogram version of
    the indicator coloring the histogram bars according to the current “precision
    trend” state.

    And here is how it correlates to the “regular” version:

  • How to install MT5 indicator?
  • 1. On the desktop, double-click to open the MT45 trading platform software you installed.
  • 2. Click on “File” in the upper left corner – “Open Data Folder”, double-click the MQL5 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT5, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window