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
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1942
A trading system that uses the Candle Momentum indicator.Exp_BlauCMI
A trading system that uses the Candle Momentum Index.