RS Volatility Multi Time Frame MT4
- Indicators
- Tino Viehweg
- Version: 1.0
- Activations: 5
RS Volatility Multi Time Frame Indicator (RS Volatility MTF) MT4
The RS Volatility MTF Indicator has been developed as the exceptionally reliable trend indicator.
The RS Volatility MTF Indicator suits with all Forex currency pairs and can match with all kinds of time frame charts.
RS Volatility MTF Indicator generates a trend signal based on the crossing of a moving average system and the price.
Considering the ATR, the exact entry point is now defined.
The yellow line shows this possible entry point.
When the price crosses the yellow line, the trade can be opened.
The blue line shows the possible TP.
When the price crosses the blue line, the trade can be closed.
The two green lines show the area where the trend changes once the Close-Price breaks the green line with the dot.
This green line with the DOT can be used as possible SL, possible Break-even or possible Trailing stop-point.
The green line without DOT can be used as a possible re-entry during a strong trend as soon as the price touches this green.
There is a support group for buyers, ask for it in the comments.
General information
We recommend this ECN account for getting the best results, as the RS Volatility MTF Indicator has been optimized with the ECN data feed of the broker Roboforex.
Parameters
In the settings the respective TimeFrame, the Upper Band Price, Lower Band Price, Breakout Mode, MA Period, MA Method, ATR Period, Volatility Multiplier can be set for the RS Volatility Indicator.
With the Upper Band Price and Lower Band Price can you set various price-types for the calculation of the Upper Band Price from the Daily Price Range.
With the Breakout Mode you can set various breakout types from the Daily Price Range.
With the MA Period params you can select the number of periods and MA Method you can select the different types of MA.
When changing the value of the ATR period param, the yellow and blue lines of the indicator are recalculated using the ATR periods and the yellow and blue lines are repositioned.
