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Published:
2011.06.16 16:20
Updated:
2016.11.22 07:32
blau_mtm.mq5 (6.41 KB)view
\MQL5\Include\

Author: Andrey N. Bolkonsky

Momentum Indicator by William Blau (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis).

In contrast with built-in standard iMomentum indicator, it calculates the absolute price change. In addition, it uses smoothing.

Installation:

  • WilliamBlau.mqh must be placed in terminal_data_folder\MQL5\Include\
  • Blau_Mtm.mq5 must be placed in terminal_data_folder\MQL5\Indicators\

William Blau Momentum

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/360

EA_OBJPROP_CHART_ID EA_OBJPROP_CHART_ID

This Expert Advisor is a demo of working with OBJ_CHART objects as conventional charts. You can set custom color settings, attach indicators etc.

The class of a module of trade signals, on "inner bar breakthrough" in trend direction The class of a module of trade signals, on "inner bar breakthrough" in trend direction

The strategy is following: when outer (outside) bar appears, it checks the fact of the inner bar breakthrough in trend direction and generates a signal to open position. A module of trade signals is compatible with the new version of MQL5 Wizard.

Blau_TSI Blau_TSI

True Strength Index (TSI) indicator by William Blau.

Blau_Ergodic Blau_Ergodic

Ergodic Oscillator by William Blau.