"Momentum, Direction and Divergence" (1995). If you like to learn more,
we advise you to read this book. His book focuses on three key aspects
of trading: momentum, direction and divergence. Blau, who was an electrical
engineer before becoming a trader, thoroughly examines the relationship
between price and momentum in step-by-step examples. From this grounding,
he then looks at the deficiencies in other oscillators and introduces some
innovative techniques, including a fresh twist on Stochastics. On directional
issues, he analyzes the intricacies of and offers a unique approach to help
define trending and non-trending periods.
Blau`s indicator is like usual , but it plots opposite of meaningof
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.