Volatmeter 2.0

Metatrader Indicator (MT4/MT5)

  • Overview

    This indicator measures volatility in a multi-timeframe fashion aiming at identifying flat markets, volatility spikes and price movement cycles in the market. It's not the easiest volatility indicator to interpret, but certainly a very powerful one.

    • Trade when volatility is on your side
    • Identify short-term volatility and price spikes
    • Find volatility cycles at a glance
    • The indicator is non-repainting

    The ingredients of the indicator are the following...

    • The green histogram is the current bar volatility
    • The blue line is the fast volatility value
    • The orange line is the slow volatility value
    • The red line is the higher timeframe volatility

    ...and have straightforward trading implications:

    • If the green histogram is above two lines, short-term volatility is extreme
    • If the blue line is above the orange line, volatility is generally high
    • If the orange line if above the red line, the market volatility is high
    • Zoom out in the chart to see the volatility cycle reflected on the red line
  • Input parameters
    Input parameters

    When loading the indicator or EA to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks.

    Fast ATR Period
    ATR period for the current timeframe
    Slow ATR Period
    ATR period for higher timeframes
  • ? FAQ
    Does the indicator repaint?
    No, it does not!
    What is the green histogram?
    The green bars represent the volatility of the current bar only.
  • Comments

    Keep comments tidy and respectful. Avoid spam, offensive remarks, self-promotion and posting personal or payment information. The comment section is for discussion and questions only. Please note that we'll never solicit payments in the comments section.

Screenshots

Volatmeter Indicator for Metatrader
Volatmeter Indicator for Metatrader
Volatmeter Indicator for Metatrader
Volatmeter Indicator for Metatrader
Volatmeter Indicator for Metatrader
Volatmeter Indicator for Metatrader
Volatmeter Indicator for Metatrader