Smart Volatility Indicator
- 지표
- 버전: 1.10
Smart Volatility Indicator – Precise Volatility Detection for MetaTrader 5
The Smart Volatility Indicator is an innovative tool for accurately measuring market volatility – specifically developed for MetaTrader 5. It combines candle range, wick ratios, and smart filtering logic into a clear, scalable volatility score from 0 to 100. Perfect for traders who want to respond to breakouts, trend dynamics, or consolidating markets – manually or via Expert Advisors (EAs).
Key Features
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Smart Volatility Score (0–100) – based on candle size and wick ratio (weight: 65 % / 35 %)
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Spinning Top Filter – reduces noise and avoids false signals from candles with small bodies
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Dynamic Visualization – score line plotted on the chart + color-coded volatility box (Green, Orange, Red)
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Live Score Display – always visible in the top-left corner of the chart
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EA-Compatible – easily integrated via GetCurrentSmartVolatilityScore()
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Customizable Parameters – all thresholds and periods are adjustable
Chart Interpretation
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🟩 Green (Score > 70) = High Volatility → ideal for breakout or trend-following strategies
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🟧 Orange (40–70) = Medium Volatility → sideways market or cautious setups
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🟥 Red (Score < 40) = Low Volatility → consolidation, potential breakout buildup
Input Parameters
| Parameter | Description |
|---|---|
| MedianPeriod | Number of candles for calculating the median range (e.g., 20) |
| HighVolThreshold | Threshold for high volatility (default: 70) |
| MidVolThreshold | Threshold for medium volatility (default: 40) |
Use Cases
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Forex (e.g., EUR/USD, GBP/JPY, BTC/USD)
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Indices (e.g., NASDAQ, DAX)
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Commodities (e.g., Gold, Oil)
Perfect for scalping, swing trading, and trend strategies.
✅ Recommended timeframe: H1
Why This Indicator?
✔ Clear real-time signals
✔ Highly flexible for manual & automated strategies
✔ Works on any symbol and any timeframe
✔ Optimized for performance & stability (with internal error checks)
✔ Built by active traders – for traders
Technical Details
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Platform: MetaTrader 5
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Timeframes: M1–MN
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Chart Type: Main chart window
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Display: Line + text label + volatility box
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Buffers: 1
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Compatible with: EAs, chart visualization, strategy tester
Installation
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Download the indicator and enable it in the MT5 Navigator
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Apply it to any chart
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Adjust the parameters to fit your strategy
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Visually and technically interpret market volatility
Support
Questions? Feedback? Feature requests?
👉 Contact me on Telegram.
Conclusion
The Smart Volatility Indicator brings structure to volatile markets. Use it to logically time your entries, trade breakouts with confidence, and better understand market phases.
A must-have tool for every systematic trader.
