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Home MetaTrader 5 Indicator Ratio2 Volatility MetaTrader 5 Indicator | Volatility_Ratio2

MetaTrader 5 Indicator | Volatility_Ratio2

11.7.25 0

Oscillator Volatility Ratio2 is the second version of indicator Volatility Ratio.

If the values exceed 2, the current trend reversal probability is high.

It has three adjustable parameters:

  • Period - calculation period
  • Threshold - the threshold level
  • Show alerts - show data on exceeding the threshold level

Calculations:

VR = TR / EMATR

where:

TR = Max(Max(High-Low, Abs(High-PrevClose)), Abs(PrevClose-Low))

EMATR = EMA(TR, Period)

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