Forex Blau CMI Signal Indicator

Forex Blau CMI Signal Indicator:

The BlauCMI_Signal indicator shows information on the current trend using the values of the Candle Momentum Index indicator with a fixed timeframe.

The histogram of the initial indicator is the source of the signal:

When receiving signals from the histogram, the histogram color is shown. Colored dots on lines appear when the bar of the corresponding timeframe changes.

The indicator requires BlauCMI.mq5 indicator file. Place it to terminal_folder\MQL5\Indicators.

Test results:

Forex Blau CMI Signal Indicator

Copy and paste the file into the MQL5 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL5 > Indicators (paste here)

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