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Home MetaTrader 5 Indicator Wvf MetaTrader 5 Indicator | WVF

MetaTrader 5 Indicator | WVF

2.8.25 0

The volatility index oscillator (VIX).

It has two parameters:

  • Period - calculation period (default 22)
  • Drawing style:
    • Line - a colored line
    • Histogram - a colored histogram

The original calculation formula:

WVF = [Highest (Close,22) - Low) / (Highest(Close,22)] * 100

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Fig.1. VIX displayed as a line

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Fig.2. VIX displayed as a histogram

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