If you’re looking to take your trading game to the next level, the Balance of Power Histogram indicator is a fantastic tool to add to your arsenal. This nifty indicator allows you to select different timeframes, giving you the flexibility to analyze the market as you see fit.
input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Set your preferred timeframe for the indicator
To get started, you’ll need to download the BalanceOfPower_Histogram.mq5 file. Just place it in your <terminal_data_folder>\MQL5\Indicators directory, and you’re good to go!
Fig.1. The BalanceOfPower_Histogram_HTF indicator
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