Indicators: Jurik Volty

 

Jurik Volty:

About Jurik smoothing there is one part that is less known: Jurik smoothing is adaptive indicator.

It is using something that is sometimes refereed to Jurik Volty (a sort of market volatility) for that adapting. This is the indicator that is calculating and showing periods of elevated or lesser volatility as a standalone indicator. Parameters are simple:

  • Volatility period.
  • Price.

There are no other parameters used by this indicator.

PS: do not forget that the indicator is not directional. The color change is showing periods of elevated or lessened than average volatility - not the expected direction of market prices.

Author: Mladen Rakic

 
Hi, I was wondering, is it possible if you can make an MT4 version of this?
 

Dear MLaden
 

Could you please make a Juric Volty for MT5 that is identical to https://forex-station.com/viewtopic.php?p=1295416098#p1295416098
"Jurik volty bands - separate 1.02.mq4"

It is the extra missing lines that provide important info

Regards
VitaminB5

Top 10: The Best Non-Repainting Forex Indicators for MT4 that really work
Top 10: The Best Non-Repainting Forex Indicators for MT4 that really work
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Here is our tried and tested list of the Top 10 best performing non-repainting Forex indicators for MT4 that actually work. This list will be updated every six months with new indicators added to the list so feel free to submit your suggestions and indicators to our staff for review by posting your suggestion up on either one of our Social...
 

does this indicator repaints?