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".
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1922
A normalized oscillator of two curves, similar to the Aroon indicator.Ergodic_Ticks_Volume_Indicator
One of the indicators of tick volume with multiple EMAs by William Blau.