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

2014.05.13 10:27

VolatilityPivot_Signal - indicator for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

votes: 29

The VolatilityPivot_Signal indicator shows information on the current trend using the values of the VolatilityPivot indicator with a fixed timeframe.

The color of the initial indicator lines is the source of the signal: Colored dots on lines appear when the bar of the corresponding timeframe changes.

The indicator requires VolatilityPivot.mq5 indicator file. Place it to terminal_folder\MQL5\Indicators.

Figure 1. The VolatilityPivot_Signal indicator

Figure 1. The VolatilityPivot_Signal indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:

BackgroundCandle_VolatilityPivot_HTF BackgroundCandle_VolatilityPivot_HTF

The indicator draws candlesticks of a larger timeframe as color filled rectangles in accordance with the values of the VolatilityPivot indicator.

WeightedWCCI WeightedWCCI

The indicator draws the slow and fast ССI and colors bars for determining patterns and trends.

X4Period_MFI_Arrows X4Period_MFI_Arrows

Four semaphore signal indicators based on MFI oscillators with different periods on one price chart.

iMirror iMirror

The iMirror indicator shows a prices mirrored upside down. When the mouse is on the indicator, its color changes to the chart color, while the chart is dimmed. When you click on the indicator, it remains in the foreground till another click.