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Volatility Proper Index

30 USD

Demo downloaded: 8

Published: 18 June 2023

Current version: 1.0

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Volatility Proper Index

Indicators
Igor Slepnev
Igor Slepnev
Russia

2396
4.1 (9)
- https://www.myfxbook.com/members/ForexBeam
I am a professional programmer.
I have more than 4 years experience in MQL4/MQL5, JForex, NinjaTrader, FIX.
Professional experience in the next programming languages: С/С++, MQL4, MQL5, Java, Haskell, Ocaml, C#, F#.

5 products 1 topic 6 comments
Version: 1.0
Activations: 10

The Volatility Proper Index indicator displays the volatility index of a trading symbol in a separate window.

To calculate volatility, the calculation of price deviations from the moving average is used.

Indicator parameters:

Period - the number of recent bars for which the volatility index is calculated.

MinThreshold - the minimum price deviation from the moving average, at which this deviation is taken into account in the calculations.

AveragePeriod - moving average period, default = 30 last bars.

AverageMethod - moving average calculation method, default = MODE_SMA(simple moving average).

AverageAppliedPrice - moving average price type, default = PRICE_CLOSE(by closing price).

This indicator is intended for building a trading system based on increased market volatility.

more...

Screenshot #1 Volatility Proper Index

Screenshot #2 Volatility Proper Index

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