─ 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
Get it here >>> download/file.php?id=3353693
