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Metatrader 5 Indicators | BlauCMomentum | Free Download

Explore the latest free tools from the MQL5 community. Here's a new indicator, expert advisor, or script for MetaTrader.

A Candlestick Momentum from the book "Momentum, direction and divergence" by William Blau, implemented in the form of color signs and a colored trend.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

The BlauCMomentum indicator

Trade Renko charts automatically using the advanced Renko Expert Advisors. Clean trends, better entries. Discover them here.

The BlauCMomentum indicator

Complement community code with advanced automation from RobotFX.

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Best MetaTrader Indicators + Profitable Expert Advisors