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Re: VQ - Volatility Quality Indicators MT4

kvak, Sun Dec 11, 2022 7:28 am

sylvester21 wrote: Tue Dec 06, 2022 1:35 am Dear Mr Tools and Kvak,

This is such a good indi. I find that it helps me get out of ranging markets quite well.

May i seek your help to edit the following:
1. When the line is flat (no volatility) - can you help to change it to grey color?
This can help traders to differentiate between Long volatile market, Short volatile market, and most importantly No volatility market (Stay out)

2. Update with latest eAverages pack
3. On/Off button

Additionally, one more suggestion from me is that if possible can modify this indi to only 3 types of lines (up, down, and flat trends). Only 3 trends for the trader to quickly see, recognize and make decision that this is a Long/Short/Sideways market.

EDIT: May i suggest if the VQ slope is within a certain range away from 0 value, it is grey in color (Insignificant Volatility). Something like Trend Direction Force Index.

Thank you!
Here is start version for test....
VQ zero line with arrows, alerts, MTF and eAverages pack...
I saw a version from Mladen with a modified filter based on ATR.
This version has a selectable menu for use filter in pips or ATR.
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