JB_Volatility – indicator MetaTrader 5

JB_Volatility - indicator for MetaTrader 5
JB Volatility – market volatility oscillator marking its state in color. It has three configurable parameters: Period – calculation period; ATR period – ATR calculation period; Multiplier – ATR value multiplier. Interpretation Volatile uptrend: Close price is higher than the lowest price over the Period of bars + ATR (ATR period) * Multiplier. Volatile downtrend: … Read more