MetaTrader 5 / Indicators

Blau_Candlestick_Momentum - indicator for MetaTrader 5

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The William Blau Candlestick Momentum indicator shows the William Blau candlestick momentum.

It has two input parameters:

  • Period - calculation period;
  • Applied price - price used for calculations.

Calculations:

Candlestick Momentum = Price - Price N Period before

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20508