New free code from MQL5: indicators, EAs, and scripts for traders.
The BlauCMI_Signal indicator shows information on the current trend using the values of the Candle Momentum Index indicator with a fixed timeframe.
The histogram of the initial indicator is the source of the signal:
When receiving signals from the histogram, the histogram color is shown. Colored dots on lines appear when the bar of the corresponding timeframe changes.
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The indicator requires BlauCMI.mq5 indicator file. Place it to terminal_folder\MQL5\Indicators.
Figure 1. BlauCMI_Signal
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