VEHI Pro Standard
- Indicators
- Sy Hien Nguyen
- Version: 2.50
- Activations: 10
The VEHI_v2_Improved (Volatility-Entropy Hybrid Indicator) is an advanced technical indicator for MetaTrader 5 (MT5), built on the VWAP (Volume Weighted Average Price) foundation with smart, non-repainting features. Here are its key advantages:
1. Adaptive to Market Volatility
It adjusts the VWAP window size based on market volatility (ATR), ensuring:
- Quick response in high-volatility conditions.
- Stable signals in low-volatility markets.
2. Non-Repainting
VWAP, UpperBand, LowerBand, and buy/sell signals are fixed after candle closure, providing:
- High reliability for manual and automated trading.
- Unchanging signals for greater accuracy.
3. News Detection
It identifies unusual volatility (news events) using ATR, pausing updates during these periods to:
- Avoid false signals.
- Reduce trading risks in volatile markets.
4. Clear Trading Signals
Offers buy/sell signals with arrows on the chart:
- Buy: Price crosses VWAP upward or touches LowerBand.
- Sell: Price crosses VWAP downward or touches UpperBand.
- Arrows are color-coded (green for buy, red for sell) for easy recognition.
5. EMA Smoothing
Supports smoothing of VWAP and bands with EMA (customizable period):
- Reduces signal noise.
- Provides smoother trend representation.
6. Optimized Performance
Uses caching for ATR values, enabling:
- Faster processing.
- Smooth operation on large datasets.
7. Flexible Customization
Adjustable parameters like window size, ATR sensitivity, band width, and news detection suit various trading strategies.
8. Versatile Applications
Ideal for scalping, day trading, and swing trading across markets (forex, stocks, commodities), suitable for both beginners and professionals.
Conclusion
VEHI_v2_Improved combines VWAP with adaptive features, non-repainting signals, and news detection. With optimized performance and clear visuals, it’s an excellent tool for traders seeking precision and efficiency.
