Volatility_Stop_Oscillator - MetaTrader 5 Script - MT4/MT5 Resource

The volatility indicator is based on the article 10 Sales Tips by Thomas Burkowski .

It has two configurable parameters:

 VSO = Multiplier * Average / Closing Price
Average = SMA(high, period) - SMA(low, period)
It works with the volatility stop indicator.

Figure 1. Fluctuation-stopped oscillator

Figure 2. Swing Stop Oscillator + Swing Stop
 Attachment download
 📎 volatility_stop_oscillator.mq5 (7.83 KB)
 Source: MQL5 #22368
Volatility_Stop_Oscillator - MetaTrader 5 script usage and filtering suggestions
 Volatility_Stop_Oscillator - MetaTrader 5 script is a resource related to Forex indicators. 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.