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
Similar MetaTrader Trading Tools:
