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:

8690

Rating:

(23)

Published:

2014.05.13 10:09

Updated:

2016.11.22 07:32

volatilitypivot.mq5 (12.63 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

Real author:

S.B.T.

The trend indicator made as NRTR (Nick Rypock Trailing Reverse).

The indicator is calculated on the basis of currency pair volatility displaying the nearest support and resistance levels. It can be used as a trend indicator.

This indicator was first implemented in MQL4 and published in CodeBase at mql4.com on 18.09.2007.

Figure 1. The VolatilityPivot indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2276

BackgroundСandle_XD-RangeSwitch_HTF

The indicator draws candlesticks of a larger timeframe as color filled rectangles in accordance with the values of the XD-RangeSwitch indicator.

Exp_XD-RangeSwitch

A trading system that uses the XD-RangeSwitch semaphore, signal indicator.

Exp_VolatilityPivot

A trading system that uses the VolatilityPivot NRTR indicator.

VolatilityPivot_HTF

The VolatilityPivot indicator with the timeframe selection option available in input parameters.

VolatilityPivot - indicator for MetaTrader 5