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2013.12.18 10:12

BlauCMI - indicator for MetaTrader 5

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votes: 19
blaucmi.mq5 (8.74 KB)view

The ergodic CMI Oscillator from William Blau's "Momentum, Direction, and Divergence" implemented as 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".

BlauCMI indicator

BlauCMI indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

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