VolatilityPivot – indicator MetaTrader 5

Fig.1 The VolatilityPivot indicator
The real author: S.B.T. The indicator is calculated on the basis of currency pair volatility displaying the nearest support and resistance level depending on the trend direction. It can be used as a trend indicator. This indicator was first implemented in MQL4 and published in Code Base on 18.09.2007. The indicator uses SmoothAlgorithms.mqh library classes … Read more

VolatilityPivot – indicator MetaTrader 5

Figure 1. The VolatilityPivot indicator
Real author: S.B.T. The trend indicator made as NRTR (Nick Rypock Trailing Reverse). The indicator is calculated on the basis of currency pair volatility displaying the nearest support and resistance levels. It can be used as a trend indicator. This indicator was first implemented in MQL4 and published in CodeBase at mql4.com on 18.09.2007. Figure … Read more