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and testing trading strategies
volatility_Bar - indicator for MetaTrader 4
I use the indicator mainly in my advisors to divide the market into volatile and flat.
Recommended M5 timeframe.
The indicator is displayed by a straight line in a separate one under the window. The meaning of the display colors: Red - strong flat;
Yellow is a weak flat; Blue - strong volatility; Green - weak volatility.
Currency Strength Index (CSI) - indicator
for MetaTrader 5
The Currency Strength Index (CSI) is a technical indicator to chart strength momentum of the 8 major currencies. (EUR, GBP, AUD, NZD,
USD, CAD, CHF, JPY)
The indicator is based on mathematical decorrelation of 28 cross currency pairs.
It uses the difference in Linear-weighted averaging (LWMA) of the closing prices.
The Currency Strength Index (CSI) doesn’t tell you when to enter a trade, it only helps you to filter for potential currency pairs to