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\MQL5\Include\

smoothalgorithms.mqh (130.19 KB) view

volatilityqualitysign.mq5 (10.92 KB) view

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Real author:

raff1410

Semaphore signal indicator based on the VolatilityQuality indicator algorithm.

The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".

Figure 1. The VolatilityQualitySign indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14329

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VolatilityQualitySign - indicator for MetaTrader 5