BlauErgodicMDI - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
This ergodic MDI oscillator is taken from the book "Momentum, Direction and Divergence" by William Blau and is 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.
BlauErgodicMDI indicator
Attachment download
📎 blauergodicmdi.mq5 (8.8 KB)
📎 smoothalgorithms.mqh (134.03 KB)
Source: MQL5 #1958
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •
