Blau_Candlestick_Index - indicator for MetaTrader 5

The William Blau Candlestick Index indicator shows the William Blau candlestick indexes.

It has seven input parameters:

• Period - period;
• Applied price - the calculation price;
• First smoothing period - the initial smoothin period;
• Second smoothing period - the secondary smoothing period;
• Third smoothing period - the resulting smoothing period;
• Upper level - the overbought level;
• Lower level - the oversold level.

CSI =100 * EMA(EMA(EMA( Candlestick Momentum (period) ))) / EMA(EMA(EMA(HH - LL))))