Volatility_Step_Channel – indicator MetaTrader 5

Figure 1. The Volatility_Step_Channel indicator
Real author: fxborg The indicator plots the Step Channel based on volatility (smoothed standard deviation). The indicator uses SmoothAlgorithms.mqh library classes (copy it to <terminal_data_folder>\MQL5\Include). The use of the classes was thoroughly described in the article “Averaging Price Series for Intermediate Calculations Without Using Additional Buffers”. Originally this indicator has been written in MQL4 and … Read more