New article at mql5.com - William Blau's Indicators and Trading Systems in MQL5. Part 1: Indicators

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New article William Blau's Indicators and Trading Systems in MQL5. Part 1: Indicators is published:

The article presents the indicators, described in the book by William Blau "Momentum, Direction, and Divergence". William Blau's approach allows us to promptly and accurately approximate the fluctuations of the price curve, to determine the trend of the price movements and the turning points, and eliminate the price noise. Meanwhile, we are also able to detect the overbought/oversold states of the market, and signals, indicating the end of a trend and reversal of the price movement.

Author: Andrey N. Bolkonsky