GARCH - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
Original author:
Andrés Balale Satie
GARCH model based on the fractal volatility indicator Tim Bollerslev . ARMA and ARCH models can help you understand forecasts.
If volatility is higher, this indicator will rise. It can also predict changes in volatility. This indicator almost always displays high values when a trend exists. Suggestions for improving this indicator would be greatly appreciated.
Figure 1. GARCH indicator
Attachment download
📎 garch.mq5 (5.29 KB)
Source: MQL5 #12567
GARCH - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
GARCH - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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