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Base Volatility - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources

author EAcpu | 2 reads | 0 comments |

BaseVolatility - indicator for MetaTrader 5

The term used by the authors of the smoothed standard deviation indicator or the resulting indicator - the underlying volatility indicator.

The indicator uses SmoothAlgorithms.mqh library class (copy it to \MQL5\Include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.

The indicator was originally written in MQL4 and first published in the code base on December 21, 2015.

BaseVolatility - indicator for MetaTrader 5

Figure 1. Underlying Volatility Indicator


Attachment download

📎 basevolatility.mq5 (7.65 KB)

📎 smoothalgorithms.mqh (130.19 KB)

Source: MQL5 #14727

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