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Volatility_Stop_Oscillator - indicator for MetaTrader 5

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votes: 6
2018.10.25 18:12

Volatility indicator based on the article 10 Selling Tips by Thomas Bulkowski.

It has two configurable parameters:

  • Period - calculation period
  • Multiplier - ratio of the line deviation from the price


VSO = Multiplier * Avg / Close


Avg = SMA(High,Period) - SMA(Low,Period)

It can be used with the Volatility Stop indicator.

Fig. 1. Volatility Stop oscillator

Fig. 2. Volatility Stop oscillator + Volatility Stop

Translated from Russian by MetaQuotes Software Corp.
Original code:

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