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Maybe a bit more useful way of measuring what the normal volatility should be (but still kept the old way, just in case ).
In this one instead of having a fixed level of 1 for a "normal volatility" you can have a dynamicaly built expected normal volatility. When volatility changes are kept within expected deviations, the "normal level of volatility" is kept as a horizontal line that depends on previous changes. If one prefers fixed level 1 for "normal volatility" then simply set the DeviationsForStepsparameter to 0 or less than 0
Here is how it looks with dynamically built "normal level" of volatility (high volatility level of 3 is still kept - I think it is a reasonable choice for something like that)
Mladen
Is it possible to code a seperate multi time frame(M30-M60-H4-D1) table showing volatility level above of 3?
Thank you tampa for sharing this great indicator.
I am using it with a also very nice tool from MQ5
https://www.mql5.com/en/market/product/2694
like at screenshot. Would it be possible to add at the JB Vola Indicator alert? Thank you very much in advance!!!! Spasibo!
mladen
mrtools
Nicole added the alerts.
jb_volatility_alerts.mq4
Nicole added the alerts.
jb_volatility_alerts.mq4Thank you very much MrTool. Great :-)... Question how can i pay you or honor your work?
So many amazing good stuff here ;-)... Best wishes Nicole
Thank you very much MrTool. Great :-)... Question how can i pay you or honor your work?
So many amazing good stuff here ;-)... Best wishes NicoleNicoleDeinhard
No need to pay anything. The stuff posted at this site is for free
NicoleDeinhard
No need to pay anything. The stuff posted at this site is for freemladen
Thank you very much... but if i want... ;-)...
and also i like to discuss something with you... how can i write you... at forum i tried but doenst work...
Have a great week ahead...
Best Nicole
mladen...this indy worked perfectly until the latest build updates. Now it will not display the broker trading hours above the histogram bars as before.
Thanks
mladen...this indy worked perfectly until the latest build updates. Now it will not display the broker trading hours above the histogram bars as before.
Thanks
That seems to be a bug with the new build of metatrader (build 985). Checking it more
mladen...this indy worked perfectly until the latest build updates. Now it will not display the broker trading hours above the histogram bars as before.
Thanks
OK. Solved. Here is the version that works correctly using the new build 985 too
Daily volatility made new builds compatible too