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You liked the script? Try it in the MetaTrader 5 terminal
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- Published:
- 2015.01.22 13:50
- Updated:
- 2023.03.29 13:47
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The Chaikin_Volatility indicator with the timeframe selection option available in input parameters:
input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; // Indicator chart period (timeframe)
To provide correct operation of the indicator, place the compiled Chaikin_Volatility.mq5 indicator file in terminal_data_folder\MQL5\Indicators.
Fig.1. Chaikin_Volatility_HTF Indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/2433

A colored cloud formed by two MFI oscillators with different timeframes.

A colored cloud formed by two Stochastics with different timeframes.

Chaikin's volatility indicator.

The Mass Index is intended for detection of trend turns based on changes in the bandwidth between the highest and the lowest prices.