Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

votes: 34
2014.03.25 15:44
2016.11.22 07:32
blausmi.mq5 (10.52 KB)view

Real author:


Stochastic momentum from the book "Momentum, Direction and Divergence" by William Blau implemented in the form of a color histogram with a signal line in the form of a colored cloud.

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".

Originally this indicator has been written in MQL4 and was first published in the Code Base on 01.01.2007.

Figure 1. The BlauSMI indicator

Figure 1. The BlauSMI indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

LSMA_Angle LSMA_Angle

A trend indicator drawn in the form of a histogram.

bbhisto bbhisto

A trend indicator that uses Standard Deviation.

MultiJFatlSpeedx7Signal MultiJFatlSpeedx7Signal

The MultiJFatlSpeedx7Signal indicator shows information on active trends using the values of seven JFatlSpeed indicators from different timeframes.

Slow-Stoch Slow-Stoch

Smooth Stochastic.