If you're looking to enhance your trading strategy, the BlauErgodic Indicator is a tool worth considering. Originating from William Blau's acclaimed book, Momentum, Direction and Divergence, this indicator gives you a fresh perspective with its color histogram and a signal line represented as a vibrant cloud.
To get started, you'll need to integrate the SmoothAlgorithms.mqh library classes into your MetaTrader 5 setup. Make sure to copy these files to your terminal_data_folder/MQL5/Include. If you’re unsure about how to use these classes, check out our guide on "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers", where we break down the process in detail.
Figure 1. Indicator BlauErgodic
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