VolatilityQuality Metatrader 5 Indicator
Unnormalized oscillator used as a trend identifier. The oscillator color changes serve as the signal for opening positions.
//+———————————–+//| Indicator input parameters |//+———————————–+input Smooth_Method XMA_Method=MODE_LWMA; // Method of averaginginput int XLength=5; // Smoothing depthinput int XPhase=15; // Smoothing parameter3//—- for JJMA within the range of -100 … +100 it influences the quality of the transition process;//—- for VIDIA it is a CMO period, for AMA it is a slow average periodinput uint Smoothing=1; // Depth of recalculationinput uint Filter=5; // Filtration of the price chart in pointsinput App_price Price=PRICE_MEDIAN; // Priceinput int Shift=0; // Horizontal indicator shift in barsinput int PriceShift=0; // Vertical indicator shift in points
The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>MQL5Include). The use of the classes was thoroughly described in the article “Averaging Price Series for Intermediate Calculations Without Using Additional Buffers”.
Originally this indicator has been written in MQL4 and was first published in the Code Base on 24.08.2008.
VolatilityQuality MT5 Indicator – Download Instructions
In order to transform accumulated history data, you need to install a MetaTrader 5
VolatilityQuality – it is a MetaTrader 5 indicator that allows you to detect several changes and dynamics in price that many traders can’t estimate or see without an indicator, which highlights its essence and usage.
Accordingly, traders can draw conclusions and make estimates about how the prices will change based on the information they have and then they can modify their strategy for better trading.
How to install VolatilityQuality indicator for MetaTrader 5.mq5?
Download indicator for MetaTrader 5.mq5Copy VolatilityQuality to 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 VolatilityQuality for MetaTrader 5.mq5
Attach to a chart
Modify settings or press ok
now indicator for MetaTrader 5.mq5 is available on your Chart
How to remove VolatilityQuality Indicator for MetaTrader 5.mq5 from your Metatrader 5 Chart?
Select the Chart where is the Indicator running in your Metatrader 5 ClientRight click into the Chart
“Indicators list”
Select the Indicator and delete.
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