Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2013.04.24 06:39

Vo - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

votes: 22
vo.mq5 (6.29 KB)view

The real author:


The averaged volatility indicator. The indicator finds the maximum and the minimum of price for the period determined by the indicator input parameter.

input uint XPeriod=20;// extremums searching period

It finds the difference between these values in points and displays them in the additional chart window after averaging.

This indicator was first implemented in MQL4 and published in Code Base on 23.12.2008.

The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the 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".

Fig.1 The Vo indicator

Fig.1 The volatility indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:


The strongly processed standard Moving Average indicator.

F2a_AO F2a_AO

A semaphore arrow indicator using three NavelEMA Moving Averages.

BB_CCI_CrossOver BB_CCI_CrossOver

The indicator of patterns. It is based on the smoothed Commodity Channel Index and Bollinger Bands.

Exp_F2a_AO Exp_F2a_AO

Trading system using the F2a_AO semaphore, signal indicator.