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Fibonacci Volatility Indicator MT4

Introduction


Fibonacci Volatility indicator was introduced in the Book "Harmonic Volatility Line Indicator: Alternative Approach to Gann’s angle" for the first time. This Fibonacci Volatility indicator provides both Z score Configuration Method and Probability Configuration Method, whereas in Harmonic Volatility indicator you can only use Probability Configuration Method. Hence, this indicator provides more functionality for your trading than Harmonic Volatility Indicator.


Main Features

  • Fibonacci Volatility in Z score Configuration Mode
  • Fibonacci Volatility in Probability Configuration Mode
  • Daily, Weekly, Monthly, and Yearly Volatility Mode
  • Movable Volatility – Useful for geometric pattern analysis
  • Market Profile Analysis
  • Support and Resistance using Volatility projection
  • Alert for Low Volatile Area
  • Alert for High Volatile Area


Trading Strategy Guide

You can use the Volatility analysis to find the statistical regularity in your trading. It can work great with your price pattern trading. For example, the volatility analysis can provide you three areas for breakout (N), bullish reversal (B) and bearish reversal (S). Then you can use these three areas to base your entry and exits of your price pattern trading. Articles below contains the detailed trading strategy guide for Fibonacci Volatility Indicator. Must read these articles before using Fibonacci Volatility indicator.


Settings

To use Z score configuration mode, set "Use Z Score Configuration" = true. If you set "Use Z Score Configuration" = false, then indicator will use Probability Configuration Mode. Probability Configuration Mode is the same as Harmonic Volatility Indicator. These inputs below control the global setting of the indicator.


◾Number of Daily Session: 0 means indicator will not draw any daily volatility lines. 1 means that indicator will draw one set of daily volatility lines. You can create multiple session of daily volatility lines. However, too many sessions can slow down your MetaTrader. So use the right number for your computer.
◾Number of Weekly Session: It is the same as daily session input.
◾Number of Monthly Session: It is the same as daily session input.
◾Starting Index: 0 is default value. For 0, indicator will start to draw from session 0.
◾Use White Chart: True means that you will use white background chart.
◾Use Individual Line Color: If false, then you will use global color scheme. If true, then you can use individual color scheme
◾Daily Line Color: Color of daily line
◾Weekly Line Color: Color of weekly line
◾Monthly Line Color: Color of monthly line
◾Show Probability Lines: Switch on and off the curved probability line
◾Show Final Projection: Switch on and off the trading zone box
◾Final Projection Margin: Size of box



Input Settings for Each Probability Line

Each probability line can be switched on and off according to your preferences. You have the same setting for nine lines.


◾Use Line 1: You can switch on and off the line
◾Probability of Line 1: this input is only active when you set the indicator for Probability Configuration Mode
◾Z Score of Line 1: this input is only active when you set the indicator for Z Score Configuration Mode
◾Probability Line 1 Color: Color for line
◾Probability Line 1 Width: Width for line
◾Probability Line 1 Style: Style for line


Important Note

This indicator is graphic intensive. Therefore, when you use too many sessions for Fibonacci Volatility indicator and market profile, this can slow down your MetaTrader. So try to use the right amount of sessions suiting your computer memory and CPU.

Also you can check difference between Fibonacci Volatility Indicator, Harmonic Volatility Indicator and Double Harmonic Volatility Indicator.


Keyboard Short Cut

Press Keyboard D: Redraw Volatility indicator from your chart.


Timeframe Choice

When Daily Market Profile session is on, you cannot use H4, D1, W1 and MN timeframe.



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Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping Indicator is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Curre
129 USD
TrueSR Multi TF Support and Resistance for MT4
Behzad Movaghar
TrueSR indicator is a multi-timeframe panel and alert that finds nested support and resistance zones for all timeframes and gives alert when price has interaction with those zones. If you are using support and resistance (or supply and demand) zones in your trading strategy, this indicator and its alert and filtering system is a big time saver for you. Also doesn't matter what is your trading strategy, this indicator helps you to not caught in support and resistance zones. Indicator shows if pri
120 USD
WD Gann Reversal Method
Naveen Saroha
WD Gann Possible Reversal method Our Signals and targets based on Gann Time and Price Calculations to find out  possible Reversal Points. It will give you Right idea of possible turning points as well as sharp trend continuation till next turning points. An idea can change a trend or sharp continue trend within new time and price cycles  points(new signal) Non repainting Arrows Note :- Strategy Tester not Showing perfect Results we are not able calculate time prices Turning point on tester.use
399 USD
VolumeProfile
Robert Hess
Descption: The Volume Profile displays detailed informations of historical trading activities at certain price levels. So you can locate the areas with the best prices in the market and get an advantage about other market participants. Features: Customizable Volume Profile Shows the "fair" Value Area with 70% of all Volume Shows critical low volume zones Shows VPOC, VAL and VAH Points Works on all timeframes Also available for MT5 ( https://www.mql5.com/en/market/product/37391 ) Settings:
120 USD
Dinapoli Package MT4
Samil Bozuyuk
All in One package includes the  Oscillator Predictor ,  MACD Predictor ,  Thrust Scanner  and  Advanced Fibonacci  indicators which are mandatory for applying  Dinapoli  trade plans.  Please visit below links for detailed explanations of indicators. Advanced Fibonacci Indicator =>  https://www.mql5.com/en/market/product/52834 Thrust Scanner Indicator => https://www.mql5.com/en/market/product/52830 Overbought /Oversold Predictor indicator => https://www.mql5.com/en/market/product/52621 Macd
235 USD
Forex Gump Scalping
Andrey Kozak
Attention! Friends, since there have been many scammers on the Internet recently selling indicators called ForexGump, we decided to warn you that only on our page is the LICENSE AUTHOR'S VERSION of the INDICATOR sold! We do not sell this indicator on other sites at a price lower than this! All indicators are sold cheaper - fakes! And even more often sold demo versions that stop working in a week! Therefore, in order not to risk your money, buy this indicator only on this site! Forex Gump Scalpin
157 USD
Supreme Commander
Ramon Sobrevals Arce
💢💢  LUNCH OFFER  💢💢 the first 15 purchases << Now only $199 after $299!! >>  We are glad to introduce you to the indicator of the indicators . The Most Powerful Technique to Determine Forex Trend Strength in 2020. We have perfected Supreme Commander that it calculates an average of the selected indicators (up to 16) and the selected timeframe (all) with the result of a single trend that indicates the potential of buying and selling.  🌟 The main goal🌟 for this algorithm is to determine acc
199 USD
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Versão 6.8 2020.07.30
In version 6.8, Fibonacci Volatility Indicator provide the alert for low volatile area and high volatile. Alert setting could be customizable.