Tsi Ergodic William Blau

5

The Ergodic is an oscillator based on William Blau's True Strength Index, which is based on Momentum to which double smoothing has been applied.

100* EMA(EMA(Momentum) / EMA(EMA( |Momentum|))

The Ergodic adds a moving average to the TSI which will act as a Signal Line. 

This oscillator can be used to identify trend reversal zones, or trend continuation phases.


VERY USEFUL WHEN USED IN CONJUNCTION WITH THE CURRENCY INDEX.


L' Ergodic è un oscillatore basato sul True Strenght Index di William Blau, il quale è basato sul Momentum a cui è stato applicato un doppio smoothing.


100* EMA(EMA(Momentum) /  EMA(EMA( |Momentum|)


L' Ergodic aggiunge una media mobile al TSI la quale avrà la funzione di Signal Line. 


Questo oscillatore può essere utilizzato per identificare zone di inversione del trend, o fasi di continuazione del Trend.


MOLTO UTILE SE UTILIZZATO ASSIEME AL CURRENCY INDEX

Reviews 2
JacquesSQ9
20
JacquesSQ9 2021.12.08 09:02 
 

A recent addition to my quiver as far as my algorithm is concerned. It is firmly one of the 8 tools I use for every trade.

MARC-PRICE
14
MARC-PRICE 2021.10.06 20:52 
 

serious and reliable indicator 🔝

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The symmetrical triangle pattern dashboard allows you to monitor multiple markets and timeframes at once for symmetrical triangle patterns as draw by the symmetrical triangle pattern indicator available here: https://www.mql5.com/en/market/product/68709/ Visit the above indicator to learn more about how symmetrical triangle patterns are formed and simple to follow strategies to trade them. The dashboard is a stand-alone product and DOES NOT require the indicator to work. It only monitors for th
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Or (TDO)  which is an index that measures the price rate of change using the principle of " Pure Momentum ". When a security price advances from 10 to 15 then the price rate of change is 150% but when it declines back from 15 to 10 then the price rate of change is 33.3% only. That is why technical analysis indicators like "Price Rate of Change" (ROC) or "Momentum" give higher readings for ascending price movements than those given to descending ones. TDO fixes this problem to help traders at rea
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REV is an Expert Advisor written after many years of studies and researches and it has been developed starting from one of the basic concepts of FOREX, that is the return of the price towards its own average (MEAN REVERSION). The system identifies, mainly, the areas of overbought/oversold with the RSI indicator, used in MultiTimeFrame mode, and tries to exploit the reversals of prices thanks to filters that do not allow market entries in moments of excessive volatility. IT IS A SYSTEM THAT OP
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JacquesSQ9
20
JacquesSQ9 2021.12.08 09:02 
 

A recent addition to my quiver as far as my algorithm is concerned. It is firmly one of the 8 tools I use for every trade.

MARC-PRICE
14
MARC-PRICE 2021.10.06 20:52 
 

serious and reliable indicator 🔝

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