JET Volatility Bottoms PRO
- Indicators
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JETINVEST
Jet Invest develops indicators and trading tools for MetaTrader 4 and 5: order flow, volume, market structure and market overview panels for B3 (WIN, WDO and Brazilian stocks), US indices and forex. - Version: 1.0
- Activations: 5
Probable bottoms and tops when volatility spikes, with confirmation, alerts and a multi-timeframe panel, on your MetaTrader 5 chart.
JET Volatility Bottoms PRO shows, in a separate window, a histogram that rises when fear and volatility spike after a fall. When the spike reaches the dynamic band, the bars are highlighted in green: a probable bottom is forming. The same reading, mirrored below zero in red, shows probable tops after strong rallies. When the spike ends and price confirms the turn, the indicator marks a confirmed bottom or top.
Signals are evaluated on the closed bar and do not repaint: in the Strategy Tester, the values of closed bars never changed. The forming bar keeps updating until it closes. It is an indicator only: it never opens, closes or changes orders.
What you see
- Bottom histogram above zero, with probable bottoms in green, and the dynamic band (orange line).
- Top histogram mirrored below zero, with probable tops in red (can be turned off).
- Arrows on the main chart (default): a dot for each probable signal and an arrow for each confirmed one. Options: show them also in the subwindow, or show confirmed signals only.
- State panel with 4 timeframes (M15, H1, H4 and D1 by default): Normal, Elevated, Probable bottom, Confirmed bottom, Probable top or Confirmed top. You can drag it anywhere on the chart.
Confirmation, filter and timeframes
- Confirmed bottom or top: marked after the spike ends and price confirms the turn.
- Optional trend filter.
- Calculation on a higher timeframe (for example H1 on an M5 chart).
- Editable parameters and colors; 5,000 bars calculated by default, and only the current bar on each tick.
Alerts on the closed bar
- Probable bottom, confirmed bottom, probable top and confirmed top, each with its own mode: popup, sound, push notification or a combination; e-mail optional.
- One alert per sequence: the next bars of the same spike do not repeat it.
Data for Experts (iCustom)
- Buffer 0: bottom meter (≥ 0)
- Buffer 1: bottom band (≥ 0)
- Buffer 2: probable bottom (1 = yes, 0 = no)
- Buffer 3: confirmed bottom (1 = yes, 0 = no)
- Buffer 4: top meter (positive value, drawn mirrored below zero)
- Buffer 5: top band (≥ 0)
- Buffer 6: probable top (1 = yes, 0 = no)
- Buffer 7: confirmed top (1 = yes, 0 = no)
- Signals are valid on closed bars (index ≥ 1); bar 0 updates with each tick.
- With a higher timeframe, the values are those of that timeframe, mapped to the chart bars.
Interface
- Dark and light themes; interface in 11 languages (automatic from the terminal language).
Works on any symbol and timeframe
- Forex, indices, stocks and futures such as the B3 mini index.
- Tested on WIN, EURUSD and US500.
Free version
JET Volatility Bottoms shows the bottom histogram with probable bottoms highlighted and the dynamic band, with editable parameters.
Try the free version first: JET Volatility Bottoms
Trading involves risk of loss. A probable bottom or top is a reading of volatility, not a forecast: price can keep moving in the same direction after a signal. The indicator does not guarantee results.
