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Chaikin_Volatility_HTF - indicator for MetaTrader 5

Nikolay Kositsin | English Русский 中文 Español Deutsch 日本語 Português

votes: 19
2015.01.22 13:50
2016.11.22 07:32

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

Fig.1. Chaikin_Volatility_HTF Indicator

Translated from Russian by MetaQuotes Software Corp.
Original code:


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

Stoch_2HTF Stoch_2HTF

A colored cloud formed by two Stochastics with different timeframes.

Chaikin_Volatility Chaikin_Volatility

Chaikin's volatility indicator.

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