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WPR_hist_div_signal - Indicator for MetaTrader 4

WPR_hist_div_signal
TypeIndicators PlatformMT4 Version10 Date created19 February 2014 Date updated14 August 2017
Formatmq4 Size5.1Kb Downloads406 Rating
4 of 5
based on 70 rates

It’s an indicator for the MT4, which shows the tops and bottoms of the price movement. It’s presented as a histogram that moves along the zero mark. This tool responds well to divergences, and can also be used to determine whether the market is overbought or oversold.

Working with the WPR_hist_div_signal, it’s worth noting that its signal reversal lines are unfiltered.

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