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Re: Volatility Indicators for MT4

mrtools, Thu Aug 01, 2024 9:12 am

Juice indicator (Directional and Normalized)

Another old one updated and added options for color on levels cross or zero cross. Juice is basically a standard deviation which determines whether the deviation is below or above a specific level. This allows for the identification of increased or decreased market volatility in comparison to that level.

Traditionally, "Juice" is not a directional indicator, but rather a tool to gauge fluctuations in market volatility, however, this indicator has been made "directional" and can be used for signals into the trend.
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