Ergodic_Ticks_Volume_Indicator - MetaTrader 5 script
One of the quote volume indicators with multiple EMAs is William Blau .
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.
The indicator was first implemented in MQL4 and published in the code base on February 8, 2008.
Ergodic_Ticks_Volume_Indicator
Attachment download
📎 ergodic_ticks_volume_indicator.mq5 (8.93 KB)
📎 smoothalgorithms.mqh (134.03 KB)
Source: MQL5 #1920
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