Blau_Trend_Momentum – indicator for MetaTrader 5

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category:MT5 INDICATORS

The William Blau Trend Momentum indicator shows the William Blau trend momentum.

It has one input parameter:

  • Period - calculation period.

Calculations:

Trend Momentum[i] = (H - L)

where:

H = High[i] - High[i+Period],
If (H<0) H=0,
L = Low[i+Period] - Low[i],
If (L<0) L=0

Blau_Trend_Momentum - indicator for MetaTrader 5

Comment

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