Ergodic DTI Oscillator Blau_Ergodic_DTI - MetaTrader 5 Script - MT4/MT5 Resources
Author: Andrei N. Bolkonsky
The Ergodic DTI Oscillator (based on the Directional Trend Index ) is described by William Blau in the book "Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators to Technical Analysis" .
William Blau's Ergodic DTI Oscillator
The ergodic DTI oscillator is defined as follows:
Traverse_DTI(q,r,s,u) = DTI(q,r,s,u)
SignalLine(q,r,s,u,ul) = EMA(Ergodic_DTI(q,r,s,u) ,ul)
Attachment download
📎 blau_ergodic_dti.mq5 (10.92 KB)
📎 williamblau.mqh (4.52 KB)
Source: MQL5 #385
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