Forex Blau TS Stochastic Indicator:
Stochastic Oscillator from the book “Momentum, Direction and Divergence” by William Blau implemented in the form of a color histogram with a signal line in the form of a colored cloud.
The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article “Averaging Price Series for Intermediate Calculations Without Using Additional Buffers”.
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)