The Ergodic Mean Deviation Indicator was created by William Blau and this is a hidden gem that takes the difference between the current price and it's exponential moving average and then double smooths the result to create this indicator. This double smoothing of course creates a lag that allows it to give off a sustained buy signal during a bullish trend and vice...
![AAPL: Ergodic Mean Deviation Indicator [CC]](https://s3.tradingview.com/a/a3OLA5yI_mid.png "Ergodic Mean Deviation Indicator [CC]")
