Volatility FBA NR
Volatility FBA NR is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around market volatility. Its source code uses ATR. It has 5 settings, for example Source (default 1), Source Period (default 22) and Front Period (default 1). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Volatility FBA NR
Volatility FBA NR is an indicator for MetaTrader 4 based on ATR. It has 5 settings, such as Source, Source period and Front period. MQL source code included.
Files in the download: _Volatility_FBA_NR.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Source | 1 | : 0 - , 1 - ATR, 2 - . |
| Source period | 22 | Period or timeframe used by the calculation |
| Front period | 1 | ; .. <1 |
| Back period | 444 | ; .. <1 |
| Sens | 0 | . ( ) |
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: ATR · MT4 Indicator · MQL4 Source Code