Watch how to download trading robots for free

Find us on Twitter!
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

Views:

8966

Rating:

(11)

Published:

2018.09.27 15:26

Damiani_Volatmeter.mq5 (13.19 KB) view

Download as ZIP, How to download code from MetaEditor

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

Damiani Volatmeter - trend/flat determining algorithm.

There are five inputs:

Viscosity;
Sedimentation;
Threshold;
Lag suppressor - whether to limit lagging (Yes/No);
Applied price - price used for calculations.

Calculations:

If Lag suppressor:

LineP = ATR_V / ATR_S + (LineP[1]-LineP[3]) / 2.0

Else:
```
LineP = ATR_V / ATR_S
```

LineM = Threshold - StdDevV / StdDevS

where:

ATR_V - ATR(Viscosity)
ATR_S - ATR(Sedimentation)
StdDevV - StdDev(Viscosity)
StdDevS - StdDev(Sedimentation)

If the M line (red) is below the P line (green), there is a flat in the market. If above, there is a trend.

Fig. 1. Damiani_Volatmeter + Lag suppressor

Fig. 2. Damiani_Volatmeter without Lag suppressor

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21700

TriggerLines

The TriggerLines trend indicator draws two moving average lines colored in accordance with the trend direction: green for upward and red for downward.

Twiggs_Money_Flow

Twiggs Money Flow is an indicator by Colin Twiggs, which uses Welles Wilder's Moving Average.

Darvas_Box

A channel filter indicator Darvas Box.

Delta

The Delta indicator draws two lines: the bar average price line (OHLC)/4 and the line of the decimal logarithm of the current to previous (OHLC)/4 prices ratio.

Damiani_Volatmeter - indicator for MetaTrader 5