Volatility_Step_Channel - MetaTrader 5 Script - MT4/MT5 Resource
The indicator plots staircase channels based on volatility (smoothed standard deviation).
The indicator uses SmoothAlgorithms.mqh library class (copy it to
The indicator was originally written in MQL4 and first published in the code base on December 21, 2015.
Figure 1. Volatility_Step_Channel indicator
Attachment download
📎 smoothalgorithms.mqh (130.19 KB)
📎 volatility_step_channel.mq5 (12.59 KB)
Source: MQL5 #14731
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