William Blau's Indicators

[nookie]

I think this one is not in the list and if possible can we translate it Tick Volume Indicator v2 ?

Link to the file in mq4

https://www.mql5.com/ru/code/download/10550/TVI_v2.mq4

The Tick Volume Indicator was invented by William Blau and has been published in his book "Momentum, Direction and Divergence" (1995, page 43).

The indicator starts with separating the upticks and downticks in each price bar. The resulting arrays are smoothed with DEMA (two-pass EMA with periods r and s subsequently). The raw TVI is calculated with the following formula:

DEMA(upticks) - DEMA(downticks)
TVI_Raw = 100 * ---------------------------------

DEMA(upticks) + DEMA(downticks)

[nookie]

This one is also from Blau on volume implemented in the form of a color histogram: https://www.mql5.com/en/code/11437

https://www.mql5.com/en/code/download/11437/blautvi.mq5 blautvi.mq5

[rose123]

HI ,
I REQUEST A STRATEGY BASED ON BLAU STOCHASTIC INDEX INDIATICATOR

BUY LEVEL :0
SELL LEVEL:0

BUY:
1. SMOOTH 1 > SMOOTH 2 AND SMOOTH 2 > BUY LEVEL AND
2. SIGNAL > BUY LEVEL AND SIGNAL(PERIOD)>SIGNAL (PERIOD-1) AND
3. STOCHATIC CROSSES OVER SMOOTH 1

SELL:
1.SMOOTH 1 < SMOOTH 2 AND SMOOTH 2<SELL LEVEL AND
2. SIGNAL <SELL LEVEL AND SIGNAL(PERIOD)<SIGNAL(PERIOD-1) AND
3.STOCHATIC CROSSES UNDER SMOOTH 1

THANK YOU

[Apprentice]

Your request is added to the development list.

[rose123]

HI APPRENDICE,

STRATEGY BASED ON BLAU STOCHATIC INDEX WILL BE MORE USEFUL IN DETECTING TREND AND ENTRY POINT.

THANK FOR ADDING THIS STRATEGY REQUEST IN DEVELOPMENT QUE.

[Apprentice]

Requested can be found here.
viewtopic.php?f=31&t=62597

[rose123]

thank you apprendice

[Apprentice]

The indicator was revised and updated.