Ergodic Tick Volume Indicator

The William Blau Ergodic Tick Volume Indicator is a variation of the Ergodic Oscillator developed by William Blau. It uses tick volume instead of price for its calculation, making it particularly useful for traders who focus on volume-driven signals rather than price action alone.
Manufacturer: nt8indicators
SKU: ETVI
$9.90
  • The Ergodic Oscillator is a triple-smoothed rate-of-change (ROC) indicator.
  • The tick volume version applies the same logic, but instead of using price data (e.g., close price), it uses tick volume (number of trades or price updates in a bar).
  • It helps detect momentum and trend direction based on volume behavior, not just price.

It can be used in three different ways:

  • Using the signal line crossing with the Ticks line
  • Using the signal line crossing with the zero line
  • Using the Ticks line crossing the zero line

 

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