Forex Volatility Change Indicator
From the Old Kings archive: Forex Volatility Change Indicator, an indicator for MetaTrader 4. As the name suggests, the idea behind it is market volatility. In the code it works with Momentum. It has 2 settings, for example Short (default 6) and Long (default 100). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 Volatility Change Indicator
Forex Volatility Change Indicator is an indicator for MetaTrader 4 based on Momentum. It has 2 settings, such as Short and Long. MQL source code included.
Files in the download: Change_of_Volatility.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Short | 6 | |
| Long | 100 |
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: Momentum · MT4 Indicator · MQL4 Source Code