Elite indicators :) - page 13

 

Volatility

Volatility.

Some indicators, aticles, and EAs:

- We have some good thread related to this subject.

- Some indicators you may find here (VoltyChannel_Stop indicator with settings explanation and here.

- BBands_Stop indicator with settings explanation (and new version is attached).

- And we have this thread with indicators (for MT3) and this one (MT4).

- And we have this e-book.

- Historical Volatility Ratio indicator is here.

- Volatility Quality Index indicator is here.

- Chaikin Volatility - New Stuff thread.

Some new versions of the indicators are attached.

And some usefull information as well (from Achelis:Technical Analysis from A to Z):

Standard Deviation indicator.

Standard Deviation is a statistical measure of volatility.

Standard Deviation is typically used as a component of

other indicators, rather than as a stand-alone indicator.

For example, Bollinger Bands are calculated by adding

a security's Standard Deviation to a moving average.

High Standard Deviation values occur when the data

item being analyzed (e.g., prices or an indicator) is

changing dramatically. Similarly, low Standard Deviation values occur

when prices are stable.

Many analysts feel that major tops are accompanied

with high volatility as investors struggle with both

euphoria and fear. Major bottoms are expected to be

calmer as investors have few expectations of profits.

Bollinger Bands.

Bollinger Bands are similar to moving average envelopes.

The difference between Bollinger Bands and envelopes is

envelopes are plotted at a fixed percentage above and

below a moving average, whereas Bollinger Bands are

plotted at standard deviation levels above and below a moving average. Since standard deviation is a measure of volatility,

the bands are self-adjusting: widening during volatile

markets and contracting during calmer periods.

Bollinger Bands were created by John Bollinger.

Bollinger Bands are usually displayed on top of security prices,

but they can be displayed on an indicator.

These comments refer to bands displayed on prices.

As with moving average envelopes, the basic interpretation of

Bollinger Bands is that prices tend to stay within

the upper- and lower-band. The distinctive characteristic of

Bollinger Bands is that the spacing between the bands

varies based on the volatility of the prices.

During periods of extreme price changes (i.e., high volatility),

the bands widen to become more forgiving.

During periods of stagnant pricing (i.e., low volatility),

the bands narrow to contain prices.

Mr. Bollinger notes the following characteristics of

Bollinger Bands:

- Sharp price changes tend to occur after the bands tighten,

as volatility lessens.

- When prices move outside the bands, a continuation of

the current trend is implied.

- Bottoms and tops made outside the bands followed by

bottoms and tops made inside the bands call for reversals in the trend.

- A move that originates at one band tends to go all

the way to the other band. This observation is useful

when projecting price targets.

Average True Range.

The Average True Range ("ATR") is a measure of volatility.

It was introduced by Welles Wilder in his book,

New Concepts in Technical Trading Systems, and

has since been used as a component of many indicators

and trading systems.

Wilder has found that high ATR values often occur

at market bottoms following a "panic" sell-off.

Low Average True Range values are often found

during extended sideways periods, such as those

found at tops and after consolidation periods.

The Average True Range can be interpreted using

the same techniques that are used with the other

volatility indicators. Refer to the discussion on

Standard Deviation for additional information on

volatility interpretation.

Chaikin's Volatility indicator.

Chaikin's Volatility indicator compares the spread between

a security's high and low prices. It quantifies volatility

as a widening of the range between the high and the low price.

There are two ways to interpret this measure of volatility.

One method assumes that market tops are generally

accompanied by increased volatility (as investors

get nervous and indecisive) and that the latter stages

of a market bottom are generally accompanied

by decreased volatility (as investors get bored).

Another method (Mr. Chaikin's) assumes that an increase

in the Volatility indicator over a relatively short time

period indicates that a bottom is near (e.g., a panic sell-off)

and that a decrease in volatility over a

longer time period indicates an approaching top

(e.g., a mature bull market).

As with almost all experienced investors,

Mr. Chaikin recommends that you do not rely

on any one indicator. He suggests using a moving

average penetration or trading band system

to confirm this (or any) indicator.
 
newdigital:
Igorad developed some new indicators:

- Efficiency_v1 with different kinds of noise's calculation.

- Vertical Horizontal Filter (VHF).

- AdvancedAMA.

Hi,

What's the relationship between dotted and solid line ? Is it no trade zone if dotted line is above solid line ?

 
majlisb:
Hi, What's the relationship between dotted and solid line ? Is it no trade zone if dotted line is above solid line ?

Which indicator?

 
newdigital:
Which indicator?

Efficiency_v1 and Vertical Horizontal Filter (VHF).

 
majlisb:
Efficiency_v1 and Vertical Horizontal Filter (VHF).

I don't know exactly about how to use those indicators.

There are two lines in VHF: one is for noise (solid line) and he other one is for "something" without noise. May be i am wrong.

Efficiency_v1 is something to avoid noisy movement as well.

I will need to spend more time to understand about how to use those indicators. Sorry.

 

I fount very interesting indicator inside my computer. If we change the settings of this indicator so it may be very usefull for this thread https://www.mql5.com/en/forum/175824

Files:
 

I apologize if this is in the wrong section but I need some help.

Does anyone know of a version of either FX Sniper's MA or LSMA with color that also includes alerts?

Or can someone help me insert alerts into either, preferably FX Sniper's MA?

Thanks for any help!

saintmo

 
saintmo:
I apologize if this is in the wrong section but I need some help.

Does anyone know of a version of either FX Sniper's MA or LSMA with color that also includes alerts?

Or can someone help me insert alerts into either, preferably FX Sniper's MA?

Thanks for any help!

saintmo

Look at this thread for MA https://www.mql5.com/en/forum/173235 (FX Sniper's MA is in the end of the thread).

And look at this thread for alarm https://www.mql5.com/en/forum

And some cross indicators are here https://www.mql5.com/en/forum/general

 

Thanks nd. Very helpful.

saintmo

 

Anyone have a elliot wave indicator

looking for an elliot wave indicator that automatically counts waves

Reason: