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Indicators

Volatility bands - indicator for MetaTrader 5

Mladen Rakic
Views:
7977
Rating:
(7)
Published:
2018.12.18 12:53
Download as ZIP, How to download code from MetaEditor
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Theory :

In “The V-Trade, Part 5: Technical Analysis—Moving Average Support & Resistance And Volatility Bands” in the July 2018 STOCKS & COMMODITIES, author Sylvain Vervoort introduced a new type of price band that he calls the SVEVolatilityBand. He created this new type of band to better highlight volatility changes when using non-time-related charts. According to the author, when using charts such as renko, traditional bands may fail to effectively highlight these changes.

Usage :

You can use it as any bands type indicator

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