Blau CMI: A Colored Histogram for Momentum, Direction, and Divergence

Summary

This document describes BlauCMI, an implementation of William Blau’s CMI ergodic oscillator, presented as a colored histogram. The indicator is framed around momentum, direction, and divergence, with histogram colors providing a visual display of its readings.

The implementation depends on smoothing algorithm classes that must be available in the trading platform’s include directory. The document points to a separate article for how those classes work, but does not explain the oscillator’s calculation, color rules, parameter choices, or how to turn its signals into trades. It supplies no performance evidence or market tests, so the description alone cannot establish whether the indicator is useful or reliable in practice.

Key ideas

• BlauCMI presents an ergodic oscillator associated with William Blau.
• The indicator displays its readings as a colored histogram.
• Its stated concepts are momentum, direction, and divergence.
• The implementation relies on separate smoothing algorithm classes.
• The document gives no trading rules or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.