Technical Indicators for MetaTrader 5

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MetaTrader 5

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Information

Indicators
MetaTrader 5
Luiz Vinicius Pereira Rocha -
2.0
5

Overview

Bullhouse MarketFrequency

? Description
The MarketFrequency indicator displays color-coded histograms that reflect the market’s frequency and momentum over a chosen period.

? How it helps in trading
It helps traders identify buying and selling momentum as well as neutral zones, providing a quick visual reference for potential market shifts.

⚙️ How to use
Simply set the desired period (default: 14 candles). The histogram will plot automatically in a separate window, showing momentum with four distinct colors for easy interpretation.

Note: Past performance does not guarantee future results. Please test the indicator thoroughly in a demo account before using it in live trading.


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