The robot trader EA Exp BlauCMomentum is based on signals \\ a Blau CMomentum indicator (Candle Momentum)
The technical indicator CMomentum Blau is a Candlestick Momentum CMTM indicator developed by William Blau with a graphical representation in the form of a colored line.
Technical analysis of William Blau is divided into 4 phases
. The indicator is calculated
The indicator does not reflect the general trend of the market and do not determine the points reversals of trend
. The values of the indicator repeatedly are then smoothed using a smoothing method with an exponential moving average EMA:
- first smoothing with period r
- second smoothing with a period s
. third smoothing with a period u
. The smoothed indicator is standardized
. The normalized smoothed value is again smoothed with an exponential moving average EMA ul period.
The expert advisor EA Exp BlauCMomentum can be used for each time frame / time unit.
included
exp_blaucmomentum.mq5
blaucmomentum.mq5
smoothalgorithms.mqh
tradealgorithms.mqh
Exchange Broker - Broker Online : Platform Trading MT5 Metatrader
Strategy - Rules Of Trading
. Stop loss: pips
. Take Profit: pips
. Lots: -
. Trailing Stop: -
* Signal purchase order uptrend market - Automatic opening long position in the closure of the signal candle
. The line crosses Blau CMomentum rising level zero
. The line Blau CMomentum changes direction and is rising again
* Signal sell order: bearish trend market - Automatic opening short positions at the close of the signal candle
. The line crosses Blau CMomentum down the zero level
. The line Blau CMomentum changes direction and goes down
Learn more about the rules and trading signals:
Graphic Award - indicator Blau CMomentum
Trader Award - Average Technical Indicator Volumes v4
Robot Boursier - MT4 SWB Martingale Grid
Parameters - Test
Trade Example - backtest EA
Trading forex currency
swap - Symbol EUR / USD
Time Frame - UT: H4 4 Hours
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