William Blau Directional Trend Index Inputs and Levels
Summary
The document introduces the William Blau Directional Trend Index as an indicator that displays directional trend indexes. It lists six adjustable inputs: a calculation period, three smoothing periods, and upper and lower levels. The smoothing stages let users set how the indicator processes its values, while the levels provide reference thresholds described as overbought and oversold.
The material is a brief feature description rather than a full explanation of the calculation or a trading method. It gives no formulas, example chart, performance results, or guidance for interpreting crossings or choosing parameter values. As a result, it establishes the indicator’s configurable components but does not show whether they generate useful entries, exits, or risk controls. Traders would need further documentation or independent testing to assess the indicator in a particular market and timeframe.
Key ideas
- The indicator displays William Blau directional trend indexes.
- Its inputs include a calculation period and three smoothing periods.
- Upper and lower levels are provided as overbought and oversold references.
- The description does not explain the calculation formula or validate a trading use.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.