Watch how to download trading robots for free

Find us on Telegram!
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

basevolatility.mq5 (7.65 KB) view

basevolatility_htf.mq5 (9.96 KB) view

\MQL5\Include\

smoothalgorithms.mqh (130.19 KB) view

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The BaseVolatility indicator with the timeframe selection option available in the input parameters:

input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4;  // Indicator chart period (timeframe)

The indicator requires BaseVolatility.mq5 indicator file. Place it in <terminal_data_folder>\MQL5\Indicators.

Figure 1. The BaseVolatility_HTF indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14730

BaseVolatility

The indicator of smoothed Standard Deviation or by the terminology of the resulting indicator's author - the base volatility indicator.

MaxminChannelWithSlope_HTF

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

Volatility_Step_Channel

The indicator plots the Step Channel based on volatility.

Volatility_Step_Channel_HTF

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

BaseVolatility_HTF - indicator for MetaTrader 5