Blau SM MT5 Indicator


It has five input parameters:

  • Period – calculation period;
  • First smoothing period – the initial smoothin period;
  • Second smoothing period – the secondary smoothing period;
  • Third smoothing period – the resulting smoothing period;
  • Applied price – price used for calculations.


Blau_SM = EMA(EMA(EMA(HH, Smooth period 1), Smooth period 2), Smooth period 3)


HH[i] = Price[i]-(Max+Min)/2,
Max, Min are the highest and the lowest price within the range from (i-Period+1) to (i)

MT5 Indicators – Download Instructions

Blau SM MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.

Blau SM MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly. Click here for MT5 Strategies

Recommended Forex Metatrader 5 Trading Platform

  • Free $50 To Start Trading Instantly
  • Deposit Bonus up to $5,000
  • Unlimited Loyalty Program
  • Awards Winning Trading Broker

xm account

Click Here for Step By Step XM Trading Account Opening Guide

How to install Blau SM MT5 Indicator.mq5 to your MetaTrader 5 Chart?

  • Download Blau SM MT5 Indicator.mq5
  • Copy Blau SM MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your mt5 indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on Blau SM MT5 Indicator.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator Blau SM MT5 Indicator.mq4 is available on your Chart

How to remove Blau SM MT5 Indicator.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader 5 Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Blau SM MT5 Indicator (Free Download)

Click here below to download:

Download Now



Please enter your comment!
Please enter your name here