MT5 Volatility Index Manual Strategy
MT5 Volatility Index Manual Strategy — a MetaTrader 5 indicator kept in the Old Kings collection. Judging by its name, it is built around market volatility. It draws arrows on the chart. It has 2 settings, for example SARStep (default 0.02) and SARMaximum (default 0.2). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 5 indicator files with source code (.mq5) 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 · MT5 · v1.0 · Free
About MT5 Volatility Index Manual Strategy
MT5 Volatility Index Manual Strategy is an indicator for MetaTrader 5. It draws buy and sell arrows on the chart. It has 2 settings, such as Sar step and Sar maximum. MQL source code included.
Files in the download: MT5 VOLATILITY-INDEX MANUAL STRATEGY\ultimate trading tools info.txt, MT5 VOLATILITY-INDEX MANUAL STRATEGY\Indicators\ParabolicSAR.ex5, MT5 VOLATILITY-INDEX MANUAL STRATEGY\Indicators\ParabolicSAR.mq5, MT5 VOLATILITY-INDEX MANUAL STRATEGY\Indicators\Reverse No Repair.ex5, MT5 VOLATILITY-INDEX MANUAL STRATEGY\Indicators\RSI.ex5, MT5 VOLATILITY-INDEX MANUAL STRATEGY\Indicators\RSI_Divergence │ @indicadoresmt5, MT5 VOLATILITY-INDEX MANUAL STRATEGY\Templates\Volatility-Index-MT5-Manual-Strat.
Settings
| Setting | Default | What it does |
|---|---|---|
| Sar step | 0.02 | Step |
| Sar maximum | 0.2 | Maximum |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 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: Buy/Sell Arrows · MT5 Indicator · MQL5 Source Code