Blau_SM EAs, indis, scripts & libraries

Stochastic Momentum Blau_SM – indicator MetaTrader 5

by
Definition of Stochastic Momentum by William Blau
Author: Andrey N. Bolkonsky Stochastic Momenum (Stochastic Momentum, SM) by William Blau (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis). The q-period Stochastic Momentum is defined as a distance of the current close from the midpoint of q bars. The value of Stochastic Momentum indicates the distance between the midpoint

Blau_SM – indicator MetaTrader 5

by
Blau_SM - indicator for MetaTrader 5
The William Blau Stochastic Momentum indicator shows the William Blau stochastic momentum. It has five input parameters: Period – calculation period; First smoothing period – the initial smoothin period; Second smoothing period – the secondary smoothing period; Third smoothing period – the resulting smoothing period; Applied price – price used for calculations. Calculations: Blau_SM =