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Directional_Volatility - indicator for MetaTrader 5

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votes: 7
2018.10.25 17:29

Directional Volatility indicator. The indicator displays two volatility lines - bullish and bearish ones.

It has two configurable parameters:

  • Period - calculation period
  • Deviation - deviation


Short = ShortMA + Deviation * ShortDev Long  = LongMA  + Deviation * LongDev


ShortMA - EMA(ShortS,Period)
ShortDev - StdDev(ShortMA,Period)
ShortS = PrevClose - Low

LongMA - EMA(LongS,Period)
LongDev - StdDev(LongMA,Period)
LongS = High - PrevClose

Translated from Russian by MetaQuotes Software Corp.
Original code:

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