🔹 Tenkan Sen Kijun Sen Histogram Alerts Arrows Indicator for MT4/5 - [TFlab]

The video presents a detailed tutorial and overview of the Tenkan Sen Kijun Sen Histogram Alerts Arrows Indicator available for MetaTrader 4 and MetaTrader 5 platforms, downloadable from the Trading Finder website. Key technological and functional aspects include:

• Indicator Basis: An advanced tool derived from the Ichimoku indicator, utilizing Tenkan Sen and Kijun Sen lines for its calculations.
• Visual Features:
  • A histogram displayed below the price chart shows positive values in green and negative values in red.
  • Color variations indicate trend strength and momentum:
    • Bold green bars for increasing positive values.
    • Light green bars for decreasing positive values.
    • Bold red bars for decreasing negative values.
    • Orange bars for increasing negative values.
• Signal Generation: The indicator produces buy/sell signals when histogram values switch from positive to negative or vice versa.
• Alerts System:
  • Users can enable or disable alerts.
  • Alerts can be configured to trigger while the candle is still forming or only after it closes.
  • Multiple alert types are supported: on-screen messages, sound alerts (with selectable sound files), and email alerts (requiring prior email setup in MetaTrader).
• Inputs and Customization:
  • Adjustable calculation periods for Tenkan Sen and Kijun Sen.
  • Toggle options for enabling/disabling alerts and their types.
• Trade Management Guidance: Signals can be used to enter trades and also to exit existing trades when an opposite signal occurs.

The video concludes by inviting viewers to share feedback and suggestions.

Main Source/Speaker:

• The tutorial is provided by TFlab, presumably the creators or promoters of the indicator.