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Re: Volatility Indicators for MT4
Posted: Wed Jul 31, 2024 5:12 am
by mrtools
mrtools wrote: Sat Feb 04, 2023 10:21 am
Think a version has been posted here but this is some background on it.
Relative Volatility Index
Definition
The Relative Volatility Index (RVI) is a volatility indicator, much like the Relative Strength Index (RSI), but with a few key differences. The RVI measures the standard deviation of prices as they change over time, whereas the RSI measures absolute price changes. The Relative Volatility Index is plotted on the chart and ranges from 0 to 100.
Relative Volatility Index with new volatility calculations & options
Updating this version with more averages and some more choices for volatility calculation. Volatility options include built in mt4 atr, custom atr, adaptive atr, standard error, ema deviation, adaptive ema deviation, custom standard deviation - with sample correction, or custom standard deviation - without sample correction.
Re: Volatility Indicators for MT4
Posted: Thu Aug 01, 2024 9:12 am
by mrtools
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.
Re: Volatility Indicators for MT4
Posted: Thu Aug 01, 2024 7:12 pm
by moey_dw
mrtools wrote: Thu Aug 01, 2024 9:12 am
Juice is basically a standard deviation
This is for me a trip down TSD memory lane..... remember cool EA you made with da juice!!! Some sort of a MACD something!! Thank you for the memories.......
Re: Volatility Indicators for MT4
Posted: Thu Aug 01, 2024 7:28 pm
by Jimmy
mrtools wrote: Thu Aug 01, 2024 9:12 am
Another old one updated and added options for color on levels cross or zero cross.
moey_dw wrote: Thu Aug 01, 2024 7:12 pm
This is for me a trip down TSD memory lane
Zero Lag MACD EA! Concentrated Juice

Re: Volatility Indicators for MT4
Posted: Thu Aug 01, 2024 7:42 pm
by moey_dw
Jimmy wrote: Thu Aug 01, 2024 7:28 pm
Zero Lag MACD EA! Concentrated Juice
OMG YES!!!!!!!! YOU REMEMBER
Re: Volatility Indicators for MT4
Posted: Thu Aug 01, 2024 7:44 pm
by Jimmy
moey_dw wrote: Thu Aug 01, 2024 7:42 pm
OMG YES!!!!!!!! YOU REMEMBER
Sure do.
Re: Volatility Indicators for MT4
Posted: Fri Sep 13, 2024 4:35 am
by webshark
Hello.
Can someone please make MTF version from synergy volatility indicator?
Re: Volatility Indicators for MT4
Posted: Fri Sep 13, 2024 6:04 am
by mrtools
webshark wrote: Fri Sep 13, 2024 4:35 am
Hello.
Can someone please make MTF version from synergy volatility indicator?
Would need a non-decompiled version.
Re: Volatility Indicators for MT4
Posted: Fri Sep 13, 2024 8:04 am
by webshark
mrtools wrote: Fri Sep 13, 2024 6:04 am
Would need a non-decompiled version.
Thanks mrtools for quick reply and the will to help me.
I would like to help you with non-decompiled version but the only thing that I have is this in attachment, and didn't find anything else on my comp or on this forum.
Re: Volatility Indicators for MT4
Posted: Mon Oct 14, 2024 9:57 pm
by ionone
New version of Ultimate Volatility Indicator (v1.6)
I added 3 more volatility measurements :
Historical Volatility
Historical Volatility (Parkinson)
Historical Volatility (high/low)
made by Mladen
Here is the new files :
(put all files in Indicator Folder except the .MQH which goes in the include folder)