Ergodic Mean Deviation Index Oscillator Ergodic_MDI – indicator MetaTrader 5

Ergodic MDI-Indicator by William Blau
Author: Andrey N. Bolkonsky Ergodic MDI-Oscillator by William  Blau is based on Mean Deviation Index (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis).Usage: WilliamBlau.mqh must be placed in terminal_data_folder\MQL5\Include\ Blau_Ergodic_MDI.mq5 must be placed in terminal_data_folder\MQL5\Indicators\ Ergodic MDI-Indicator by William Blau Calculation: Ergodic Mean Deviation Oscillator is calculated as follows: Ergodic_MDI(price,r,s,u) … Read more

Ergodic MACD Oscillator Blau_Ergodic_MACD – indicator MetaTrader 5

Erogdic MACD Oscillator by William Blau
Author: Andrey N. Bolkonsky Ergodic MACD Oscillator by William Blau is described in the book “Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis”. WilliamBlau.mqh must be placed in terminal_data_folder\MQL5\Include\ Blau_Ergodic_MACD.mq5 must be placed in terminal_data_folder\MQL5\Indicators\ Erogdic MACD Oscillator by William Blau Calculation: Ergodic MACD Oscillator is defined as follows: Ergodic_MACD(price,r,s,u) = … Read more

Ergodic CMI-Oscillator Blau_Ergodic_CMI – indicator MetaTrader 5

Ergodic CMI-Oscillator by William Blau
Author: Andrey N. Bolkonsky Ergodic CMI-Oscillator (based on Candlestick Momentum Index) is described by William Blau in the book “Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis”. WilliamBlau.mqh must be placed in terminal_data_folder\MQL5\Include\ Blau_CMI.mq5 must be placed in terminal_data_folder\MQL5\Indicators\ Ergodic CMI-Oscillator by William Blau Calculation: The Ergodic CMI-Oscillator is defined as … Read more

Ergodic CSI-Oscillator Blau_Ergodic_CSI – indicator MetaTrader 5

Ergodic CSI-Oscillator by William Blau
Author: Andrey N. Bolkonsky The Ergodic CSI Oscillator (based on Candlestick Index) is described by William Blau in the book “Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis”. WilliamBlau.mqh must be placed in terminal_data_folder\MQL5\Include\ Blau_Ergodic_CSI.mq5 must be placed in terminal_data_folder\MQL5\Indicators\ Ergodic CSI-Oscillator by William Blau Calculation: The CSI Oscillator is defined … Read more

Ergodic DTI-Oscillator Blau_Ergodic_DTI – indicator MetaTrader 5

Ergodic DTI-Oscillator by William Blau
Author: Andrey N. Bolkonsky Ergodic DTI-Oscillator (based on Directional Trend Index) is described by William Blau in the book “Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis”. WilliamBlau.mqh must be placed in terminal_data_folder\MQL5\Include\ Blau_Ergodic_DTI.mq5 must be placed in terminal_data_folder\MQL5\Indicators\ Ergodic DTI-Oscillator by William Blau Calculation: The Ergodic DTI-Oscillator is defined as … Read more

Blau Ergodic TSI – indicator MetaTrader 5

Blau Ergodic TSI - indicator for MetaTrader 5
Ergodic True Strength index (as described by the author – William Blau) Definition: By definition TSI (True Strength Index) is a double smoothed momentum calculated using the following formula: By further extending his definition, William Blau states that: The Ergodic is a double smoothed TSI with one smoothing fixed at five price bars. A further … Read more