Watch how to download trading robots for free

Find us on Twitter!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:

3615

Rating:

(8)

Published:

2018.06.18 15:12

Volatility_Ratio.mq5 (9.01 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Indicator Volatility_Ratio is an attempt to find trading ranges and trend return points.

It works within the range of 0.01-1.0 only. At the values above 0.5, it indicates the probability of the current trend reversal.

It has one input parameter:

Period - calculation period.

Calculations:

VR[i] = tr[i] / pr[i]

where:

tr[i] = Max(hl[i], hc[i], lc[i])

hl[i] = High[i] - Low[i]
hc[i] = Abs(High[i] - Close[i-1])
lc[i] = Abs(Low[i] - Close[i-1])

pr[i] = Max(MH, Open[i-Period+1]) - Min(ML, Open[i-Period+1])

MH and ML are the highest and the lowest price over the Period, respectively.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20868

TATR

Oscillator TATR (Tick Average True Range).

Exp_BrainTrend2_V2_Duplex

Two identical trading systems based on the signals of BrainTrend2_V2, for long and short trades, which can be configured in different ways within one Expert Advisor.

RSI_STARC

RSI + STARC Bands (Stoller Average Range Channels).

ProfitCalculator

Panel indicator with the date on closed positions.

Volatility_Ratio - indicator for MetaTrader 5