MetaTrader 5 β€£ MT5 Indicators β€£ Peak Lines by Price Histogram – indicator MetaTrader 5

Peak Lines by Price Histogram – indicator MetaTrader 5

This indicator shows the support/resistance lines using price histogram. The indicator is not so heavy, the calculation was simplified.

Display:

  • Gold Line β€” peaks of a 1-day histogram.
  • Red Line β€” peaks of a short term histogram.
  • Magenta Line β€” peaks of a medium term histogram.
  • Blue Line β€” peaks of a long term histogram.

Peak Lines by Price Histogram

Settings:

Peak Lines settings

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Alternative:   ZerolagStochs - indicator MetaTrader 5