BlauErgodic Trend Signals from Histograms and Cloud Behavior
Summary
This document describes an indicator that presents trend information from the BlauErgodic indicator on a fixed timeframe. Users can choose whether signals come from the original indicator’s histogram or from a colored cloud, so the signal display depends on the selected analysis mode.
For histogram signals, the display uses the histogram’s color. For cloud signals, it also reflects changes in cloud shape: a compressed cloud is presented as a weakening trend, while an expanding cloud is presented as a strengthening trend. Colored dots mark changes in bars on the selected timeframe. The document offers no performance results, trading rules for entries or exits, or evidence that the display predicts future prices. It also notes that the companion BlauErgodic indicator file is required, making this a description of a signal visualization rather than a standalone trading strategy.
Key ideas
- The indicator derives trend displays from BlauErgodic values on a fixed timeframe.
- Users can select histogram or colored-cloud signals.
- Cloud compression is shown as weakening, while cloud expansion is shown as strengthening.
- Colored dots indicate a new bar on the corresponding timeframe.
- The document provides no trading performance evidence or complete entry and exit rules.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.