Blau Directional Trend Index Histogram Indicator

Summary

This brief entry identifies BlauHLM as a color histogram implementation of the Directional Trend Index, an indicator associated with William Blau’s book on momentum, direction, and divergence. It presents the indicator as a way to display directional trend readings visually, but does not explain the calculation, parameter choices, or how to interpret histogram changes in a trading system.

The page is primarily an indicator listing rather than a full strategy or empirical study. It provides no backtest results, performance evidence, or rules for entries, exits, and risk management. It also notes that the implementation relies on a separate smoothing-algorithm library, so the entry alone is insufficient to reproduce or validate the indicator.

Key ideas

• BlauHLM displays the Directional Trend Index as a color histogram.
• The indicator is attributed to William Blau’s work on momentum, direction, and divergence.
• The listing does not provide indicator formulas, trading rules, or performance evidence.
• Its implementation depends on a separate smoothing-algorithm library.

Tags

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