whiplashtm wrote: Fri Apr 07, 2023 4:06 am Hi,
I'm a big fan of non-directional volatility filtering. Sometimes these indicators could be of need of some smoothing. This indicator can more often than not be very jagged, especially with faster periods.

I don't know much about this indicator but here's the description:
Most volume/volatility take into account price volatility to determine if price is moving or not. However, they usually fail to get you out of choppy price action. This indicator was intended to filter those flat periods while also getting you into the beginning of most trends. This indicator works better with lower periods (5-10). If the green line is above the red line, trading is allowed. If it's below, there is a range or choppy price action. This is a volatility indicator so it should not be used for entries. You can compliment it with other entry signal indicators.

Would it be possible to add the 40+ different averages + smoothing option with the different averages (decimal period) to this indicator?

It would've been much appreciated.

Warm regards
whiplashtm


Cercos_Chaos_vs_Movement.mq4