Forex Chaikin Volatility Two Lines Indicator
Forex Chaikin Volatility Two Lines Indicator is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is market volatility. It has 3 settings, for example i Period (default 13), ma Period (default 13) and ma Slow Period (default 26). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Chaikin Volatility Two Lines Indicator
Forex Chaikin Volatility Two Lines Indicator is an indicator for MetaTrader 4. It has 3 settings, such as I period, Ma period and Ma slow period. MQL source code included.
Files in the download: chaikins_volatility_2_lines.ex4, chaikins_volatility_2_lines.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| I period | 13 | Period or timeframe used by the calculation |
| Ma period | 13 | Period or timeframe used by the calculation |
| Ma slow period | 26 | Period or timeframe used by the calculation |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: MT4 Indicator · MQL4 Source Code