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MetaTrader 5 Indicator | Volatility_Stop_Oscillator

17.7.25 0

Volatility indicator based on the article 10 Selling Tips by Thomas Bulkowski.

It has two configurable parameters:

  • Period - calculation period
  • Multiplier - ratio of the line deviation from the price

Calculation:

VSO = Multiplier * Avg / Close

where:

Avg = SMA(High,Period) - SMA(Low,Period)

It can be used with the Volatility Stop indicator.

MetaTrader Experts, Indicators, Scripts and Libraries

Fig. 1. Volatility Stop oscillator

MetaTrader Experts, Indicators, Scripts and Libraries

Fig. 2. Volatility Stop oscillator + Volatility Stop

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