BlauErgodic - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The book's ergodic oscillator momentum, direction and divergence was designed by William Blau and implemented as a color histogram, where the signal lines are implemented as colored clouds.
The indicator uses the SmoothAlgorithms.mqh library class (must be copied to terminal_data_folder\MQL5\Include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.
Figure 1. Indicator BlauErgodic
Attachment download
📎 blauergodic.mq5 (9.82 KB)
📎 smoothalgorithms.mqh (134.03 KB)
Source: MQL5 #2053
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