Double Harmonic Volatility Indicator MT4
60 USD
Demo heruntergeladen:
567
Veröffentlicht:
22 Juni 2017
Aktuelle Version:
2.1
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Here are two articles related to Double Harmonic Volatility Indicator
Never trade without the full picture of the market volatility. It is like jumping on the airplane without parachute.
Save your trading today with our Double Harmonic Volatility Indicator from trading against the Market volatility.
It is also available from http://algotrading-investment.com
Double Harmonic Volatility Indicator + Time Box Indicator
Here we show you very simple tip to effectively use our Double Harmonic Volatility Indicator.
Double harmonic Volatility Indicator can be run in more than 4 different modes. One of them can be monthly or weekly mode. You can simply use the default setting of Double harmonic Volatility Indicator to check the volatility of monthly or weekly. Sometimes, you might want to place the Harmonic Volatility Indicator in the previous month or even the month before the previous month. In that case, you can simply use Time Box Indicator because Time Box Indicator can show the month open for any chosen period. You can do the same for week price too.
When the time box indicator show the month price, simply drag the Harmonic Volatility Indicator in your chart to that open price. It is simple as ABC really. See the screenshot for better understanding.
Hope you enjoyed this simple tip.
https://www.mql5.com/en/users/financeengineer/seller#products
http://algotrading-investment.com
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http://algotrading-investment.com/
https://algotradinginvestment.wordpress.com/blog/
With our Double Harmonic Volatility Indicator, when you just start, it is better to use simple weekly and daily mode for your trading.
However, when you get used the system, you might use it for double harmonic mode. (that is using two harmonic volatility indicator at the same time like Daily + weekly, etc).
For example, today we can see that EURUSD could not penetrate Probability Line 4. Then EURUSD gone up for about 30 pips. Come down again testing Probabilty Line 3. But it did not penetrate and gone up again.
This is the typical behaviour of the price around the support and resistance levels.
Plus you hardly do not need to know the concept of Proabibility if you do not want to. Probability lines are derived geometric lines in our double harmonic volatility indicator by us. Therefore, you just use them like other support and resistance levels.
However, note that the lines are curvy instead of straight line. This HVI is one of the very few Support and resistance indicator providing you the curvy support and resistance lines. The usage of them are exactly same as straight line derived support and resistance levels. We have mentioned about the characteristics of curvy and straight line support and resistance in our book "Introduction to Price Action and Pattern Trading course". Of course, book is only there if you really want to digger deeper with price action and pattern trading. Use of support and resistance levels only takes common sense for any type of traders.
Watching out volatility hardly will not do any thing bad to your trading in general.
Kind regards.
Turning point at the boder of monthly mode :)
Turning point at the boder of monthly mode :)
If you are using the old version of Double Harmonic Volatility Indicator, then make sure to update to the latest version 2.1 of Double Harmonic Volatility Indicator.
Use the latest version for the best performance.
Double Harmonic Volatility Indicator is an excellent tool to identify low and high volatility of the Forex market.
It can be very useful to decide buy and sell entry as well as exit condition.
Hi,
I bought this indicator...what do these 2 settings mean?
Hi,
I bought this indicator...what do these 2 settings mean?
It will calculate standard deviation over 300 bars. You can change if you wish.
what about the Projection Horizon setting?