MetaTrader 5 ‣ MT5 Indicators ‣ ColorBlauErgodicMACD – indicator MetaTrader 5

ColorBlauErgodicMACD – indicator MetaTrader 5

Ergodic MACD-Oscillator 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”.

The ColorBlauErgodicMACD indicator

The ColorBlauErgodicMACD indicator


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Alternative:   Bezier_HTF - indicator MetaTrader 5