The robot trader EA Exp BlauErgodic is based on signals from the indicator BlauErgodic
the BlauErgodic indicator developed by William Blau, is based on the momentum True Strength Index indicator TSI.
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 BlauErgodic indicator then determines the trend and states over-bought and over-sold, the turning points and end of a trend.
The expert advisor EA Exp BlauErgodic can be used for each time frame / time unit.
included
smoothalgorithms.mqh
tradealgorithms.mqh
blauergodic.mq5
exp_blauergodic.mq5
Exchange Broker - Broker Online : Platform Trading MT5 Metatrader
Strategy - Rules Of Trading
. Stop loss: pips
. Take Profit: pips
. Lots: -
. Trailing Stop: -
* Buy signal: uptrend market - Automatic opening long position in the closure of the signal candle
. The cloud or cloud BlauErgodic changes color and becomes bullish, green
. The histogram BlauErgodic breaks upward zero level: breakout upwards
. The histogram BlauErgodic changes direction and is rising again
* Selling signal: bearish trend market - Automatic opening short positions at the close of the signal candle
. The cloud or cloud BlauErgodic changes color and becomes bearish, red
. The histogram BlauErgodic breaks down the zero level: breakout downwards
. The histogram BlauErgodic changes direction and goes down
Learn more about the rules and trading signals:
Bourse - Trader Online Oscillator BlauErgodic
Exchange - Trader Online Indicator BlauErgodic Signal
Trading System - Robot Open Price Action EA
Parameters - Test
Trade example - Backtesting
Trading forex currency
swaps - Symbol EUR / USD
Time Frame - UT: 4:00 - H4
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