MetaTrader 5 ‣ MT5 Indicators ‣ BlauHLM – indicator MetaTrader 5

BlauHLM – indicator MetaTrader 5

Indicator Directional Trend Index from the book “Momentum, Direction and Divergence” by William Blau, implemented in the form of a color histogram.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article “Averaging Price Series for Intermediate Calculations Without Using Additional Buffers”.

Fig.1. BlauHLM Indicator

Fig.1. BlauHLM Indicator


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