Attachments forums

List of attachments posted on this forum.


All files on forums: 136046

Re: Velocity, Momentum & ROC Indicators for MT4

nathanvbasko, Tue Oct 22, 2019 2:30 am

nathanvbasko wrote: Mon Oct 21, 2019 6:28 am
v2v Momenticks v1.15
The standard deviation is a measure ...

v2v Momenticksv1.17updates


─ added... "Volatility Ratio". Based on mladen's work posted at MetaQuotes
─ some code optimization


Theory:
There is always a need to measure if the market is "quiet" or it is volatile. One of the possible ways is to use standard deviations, but the issue is simple: we do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This feature is attempting to do that :



─ values above level 0 are indicating a state of increasing volatility
─ values below level 0 are indicating a state of decreasing volatility

Usage :
This is not a directional feature. It should be used for volatility detection, not trend assessment - for that, you have to use some other indicator and then check this one if the market volatility conditions are those that you expect


All files in topic