Damiani Voltameter Oscillator MT5
- Indicateurs
- Eda Kaya
- Version: 1.3
Damiani Voltameter Oscillator for MT5
The Damiani Voltameter Oscillator for MT5 is a specialized tool built to distinguish between active, volatile markets and quieter, low-volatility phases. Unlike traditional indicators, it does not deliver direct buy or sell prompts; instead, it equips traders with valuable insights into the right timing for trade entries.
The oscillator is constructed from two dynamic lines: the green “volatility line” and the gray “noise line.” Their interaction highlights whether market moves are genuine or merely random fluctuations.
«Indicator Installation & User Guide»
Specification Table for Damiani Voltameter Oscillator
The key attributes of the Damiani Voltameter indicator are summarized below:
| Category | Oscillator – Signal & Forecast – Volatility |
| Platform | MetaTrader 5 |
| Skill Level | Intermediate |
| Indicator Type | Continuation – Reversal – Range |
| Timeframe | Multiple timeframes |
| Trading Style | Scalping – Day Trading – Swing Trading |
| Market | Universal (Forex, Crypto, Indices, etc.) |
Overview of Damiani Voltameter Oscillator
When the green line rises above the gray, the market is considered to be in a valid trend. Conversely, if the gray surpasses the green, conditions reflect reduced volatility. A horizontal red marker is also used to highlight stagnant or ranging price environments.
Bullish Scenario
For example, on a one-hour USD/CAD chart, the gray line initially holds above the green, with the red line confirming a ranging market. Once the green line overtakes, momentum shifts upward, signaling bullish conditions.
Bearish Scenario
On a 30-minute Binance Coin (BNB) chart, the volatility line crosses above the gray line while prices push lower. This crossover signals the end of the range, leading to a bearish breakout and downward continuation.
Settings of Damiani Voltameter Oscillator
The customizable settings for this indicator include:
- Viscosity – Number of candles used to calculate background noise;
- Sedimentation – Period length for smoothing fluctuations and maintaining continuity;
- Threshold_level – Comparison benchmark between volatility and noise to confirm market strength;
- Lag_suppressor – Feature designed to minimize signal delay.
Conclusion
The Damiani Voltameter Oscillator for MT5 is not a signal generator but a market condition filter. Its primary role is to eliminate poor trading periods in flat, low-volatility markets, while allowing traders to focus on environments where price direction is clearer and more actionable.
