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Volatility Quality Index - page 33

BigBe
228
BigBe  

Thanks.

Thanks Mikerock,

I made corrections. It should work now.

Big Be

teri
8
teri  

too heavy

the latest version is heavy.

I can't find the following scripts

> int counted_bars = IndicatorCounted();

> if (counted_bars>0) counted bars--;

> int pos = Bars - counted_bars--;

I'm not a programer. I can't edit it. But I think many bars are counted again and again, so the latest version is too heavy.

BigBe
228
BigBe  

Teri,

You are right.

The solution is here, but the solution is also "heavy" - on you.

Multiple Null Bar Re-Count in Some Indicators - MQL4 Articles

Big Be

n9n
8
n9n  

VQ MTF is useless!

Scenario: 15m Chart + 60m VQ

If VQ gives a new signal (buy), you buy the past, because VQ does not validate the close of the 60m bar (4x15m bars).

No idea why this problem was not mentioned in more than 350 posts and 120480 views in more than 2 years, even the author itself hasn't noticed it.

Sergey Golubev
Moderator
114775
Sergey Golubev  

MTF indicators are "continuing painting" H1 timeframe when M15 is already closed. It was discussed in this thread https://www.mql5.com/en/forum/173574

As to me so I am always using this indicator with TimeFrame =0 settings (0 is current chart timeframe).

As I know it is deault settings.

bobby
129
bobby  

For the traders that are interested by this indicator, the only expert advisor based on it, and that works well is available here :

Volatility Quality EA - MQL4 Code Base

You can discuss about the EA and gives your best parameters here :

https://www.mql5.com/en/forum/178678

BigBe
228
BigBe  
raja_hoki
18
raja_hoki  
BigBe
228
BigBe  
raja_hoki:
So, what is the best indicator to see volatility?

Have you heard Damiani Volameter?

How about it?

Thx

Rajahoki

This VQI indicator is really good!

It cannot be your only indicator, though. At least you need to consider which way price is moving, such as a couple MAs, or maybe directly.

For use in an EA it has to be revised to work well and efficiently.

I am still waiting for someone to explain the MTF aspect and how to use it?

Big Be

rizdwan
28
rizdwan  

convert indi to ea

hi

anyone can help me to convert this indicator to EA?

what i need is when the arrow/alert on..the ea will open the new post/trade for sell/buy and close the existing trade.

Files:
vq.mq4 8 kb