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- Published:
- 2014.01.30 10:48
- Updated:
- 2016.11.22 07:32
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The trend indicator drawn in the form of the colored cloud.
The color of the cloud depends on the trend direction, and the width of the cloud shows strength of the trend.
Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 08.11.2007.
Figure 1. Indicator i_Trend
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2002

Several envelopes with fixed shifts.

Fisher transformation based histogram with two averages in the form of signal lines.

Stochastic Oscillator (based on Stochastic Momentum) from the book "Momentum, direction and divergence" by William Blau, implemented in the form of a color histogram with a signal line implemented as a colored cloud.

The BlauErgodicMDI indicator with the timeframe selection option available in input parameters.