The Kumo Breakout Histogram MTF Indicator is a popular and free forex indicator for MetaTrader 4 (MT4) that is useful for traders who are looking for a reliable way to identify trend reversals. The indicator uses a combination of Ichimoku Kinko Hyo, Heiken Ashi, and Moving Average Convergence/Divergence (MACD) to detect potential breakouts in the market. The Kumo Breakout Histogram MTF Indicator is designed to help traders identify when the market is in a trend and when it is about to make a reversal. The Kumo Breakout Histogram MTF Indicator consists of two lines: the Kumo Breakout line and the Kumo Breakout Histogram. The Kumo Breakout line is used to identify when a market is in a trend and when it is about to make a reversal. The Kumo Breakout Histogram is used to measure the strength of the trend. When the histogram is above zero, the trend is considered to be strong, and when it is below zero, the trend is considered to be weak. The Kumo Breakout Histogram MTF Indicator is a powerful and versatile tool that can be used by both experienced and novice traders. It is easy to use and can be used to identify potential trading opportunities in all kinds of markets.
MT4
Kumo Breakout Histogram Mtf
The Kumo Breakout Histogram MTF Indicator is a popular and free Forex indicator for MT4. The indicator uses the Ichimoku Kinko Hyo technique to identify breakouts in market trends. It plots a histogram at the bottom of the chart that shows the strength of the breakout. The indicator also provides alerts when a breakout is detected. It is a great tool for traders to quickly and easily identify breakouts and take advantage of them. The Kumo Breakout Histogram MTF Indicator is easy to use and understand, making it a popular choice among Forex traders.
Trading Style | |
---|---|
Indicator Type | |
Platform | |
Timeframe |
0
People watching this product now!
Category: Signal
Downloads - 24
Description
Reviews (0)
Be the first to review “Kumo Breakout Histogram Mtf” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Schaff Trend Cycle
The Schaff Trend Cycle indicator is a popular forex indicator for MT4, which determines market trends with high accuracy. Its values range from 0 to 100, with values above 75 indicating overbought and values below 25 indicating oversold. Whether you are a beginner or an experienced trader, the Schaff Trend Cycle indicator will help you make better trading decisions and improve profitability.
Darvas Boxes nmc
The Darvas Boxes NMC Indicator is a nice and free Forex trading tool available for MT4 platforms. It is based on the Darvas box trading method, which involves identifying trends through the creation of boxes on a price chart. The indicator helps traders visualize key support and resistance levels and potential trend reversals. The Darvas Boxes NMC Indicator provides clear buy and sell signals through color changes and arrows, allowing traders to make informed trading decisions. Its user-friendly interface and customizable settings make it suitable for both novice and experienced traders.
MACD Crossover Arrows & Alert
The MACD Crossover Arrows Alert indicator is a useful and free forex indicator for the MT4 trading platform. This indicator is designed to detect and signal bullish and bearish moving average convergence-divergence (MACD) indicator crossover signals. It draws arrows on the chart to indicate the direction of the trend, making it easier for traders to identify trading opportunities. The MACD Crossover Arrows Alert indicator is a popular and free tool for Forex traders of all skill levels.
Super Arrow
The Super Arrow Indicator is a forex tool for MT4 that generates high-probability trading signals by using multiple indicators such as Moving Averages, Relative Strength Index, Bollinger Bands, and Magic Filter. It filters out false signals and provides good trade signals by combining these indicators.
Reviews
There are no reviews yet.