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Indicators

Relative Strength Index of Volatility - indicator for MetaTrader 5

Ruslan Khasanov | English Русский 中文 Español Deutsch 日本語 Português
Views:
8957
Rating:
(20)
Published:
2010.08.11 10:13
Updated:
2016.11.22 07:32
sdrsi.mq5 (3.81 KB) view
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The Relative Strength Index, applied to standard deviation of price.

It's a simple indicator allows to measure the volatility. It can be applied to determine flat zones by analysis of the Bollinger Bands narrowing and expanding.

Relative Strength Index of Volatility

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/161

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