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Volatility Indicator

  • #1
  • First Post: Aug 15, 2017 3:26pm Aug 15, 2017 3:26pm
Does anyone know of a volatility indicator that shows past volatility history vs current volatility.
I.E. last x number of weeks/hours vs current
  • #2
  • Aug 15, 2017 6:36pm Aug 15, 2017 6:36pm
Quoting willmalou
Does anyone know of a volatility indicator that shows past volatility history vs current volatility. I.E. last x number of weeks/hours vs current
how are you going to trade it ?
  • #3
  • Aug 16, 2017 4:27pm Aug 16, 2017 4:27pm
Quoting willmalou
Does anyone know of a volatility indicator that shows past volatility history vs current volatility. I.E. last x number of weeks/hours vs current
This seemed like an interesting concept so I made this indicator. It works by comparing the current width of the bollinger bands to the past n periods width. The scale ranges from 0-100%.

0%- means the the bands are currently the most narrow of the past n periods, and therefore volatility is low/er.
100% - means the bands are currently at the widest in the past n periods, and therefore volatility is high/er.

Attached Image (click to enlarge)
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Attached File(s)
File Type: mq4 Volitility_BB.mq4   3 KB | 1,664 downloads
  • #4
  • Aug 17, 2017 4:20pm Aug 17, 2017 4:20pm
Quoting Nicholishen
{quote} This seemed like an interesting concept so I made this indicator. It works by comparing the current width of the bollinger bands to the past n periods width. The scale ranges from 0-100%. 0%- means the the bands are currently the most narrow of the past n periods, and therefore volatility is low/er. 100% - means the bands are currently at the widest in the past n periods, and therefore volatility is high/er. {image} {file}
thanks not quite what i was thinking but will try it.
  • #5
  • Aug 18, 2017 7:34am Aug 18, 2017 7:34am
Quoting Nicholishen
{quote} This seemed like an interesting concept so I made this indicator. It works by comparing the current width of the bollinger bands to the past n periods width. The scale ranges from 0-100%. 0%- means the the bands are currently the most narrow of the past n periods, and therefore volatility is low/er. 100% - means the bands are currently at the widest in the past n periods, and therefore volatility is high/er. {image} {file}
So in this case N is the number of bars back.
  • #6
  • Aug 18, 2017 10:01am Aug 18, 2017 10:01am
Quoting willmalou
{quote} So in this case N is the number of bars back.
Yes
  • #7
  • Aug 18, 2017 8:12pm Aug 18, 2017 8:12pm
Holy Grail? Double bottom.

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  • #8
  • Aug 18, 2017 8:19pm Aug 18, 2017 8:19pm
We could call this: Double double bottom

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  • #9
  • Aug 18, 2017 8:28pm Aug 18, 2017 8:28pm
one more, double top

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  • #10
  • Aug 18, 2017 8:29pm Aug 18, 2017 8:29pm
Quoting juhanimi
Holy Grail?{image}
except when it loses
  • #11
  • Aug 18, 2017 8:39pm Aug 18, 2017 8:39pm
funny

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  • #12
  • Aug 18, 2017 8:41pm Aug 18, 2017 8:41pm
that is kind of natural thing, first top/bottom huge resistance/support, and in next top/bottom, silence before storm
  • #13
  • Aug 18, 2017 8:54pm Aug 18, 2017 8:54pm
Great! Thanks Nicholishen
  • #14
  • Aug 19, 2017 1:29am Aug 19, 2017 1:29am
another way to use this concept
and when really trending, easy to see where to reload

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  • #15
  • Aug 19, 2017 12:32pm Aug 19, 2017 12:32pm
Quoting juhanimi
another way to use this concept and when really trending, easy to see where to reload {image}
Juhanimi,

Could you please explain what you mean?

Thanks
  • #16
  • Aug 19, 2017 4:11pm Aug 19, 2017 4:11pm
Quoting juhanimi
Great! Thanks Nicholishen
Nicholishen Thank you from me too. You're brilliant. You use it together with other oscillators to confirm the reversal.

RENN:NYQ
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  • #17
  • Sep 9, 2017 2:16am Sep 9, 2017 2:16am
Quoting willmalou
Does anyone know of a volatility indicator that shows past volatility history vs current volatility. I.E. last x number of weeks/hours vs current
I have this one. Hope it helps
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Attached File(s)
File Type: mq4 HistVolatility6.mq4   15 KB | 1,119 downloads
  • #18
  • Jan 2, 2018 6:32pm Jan 2, 2018 6:32pm
Quoting Nicholishen
{quote} ,,,, I made this indicator. It works by comparing the current width of the bollinger bands to the past n periods width. The scale ranges from 0-100%. 0%- means the the bands are currently the most narrow of the past n periods, and therefore volatility is low/er. 100% - means the bands are currently at the widest in the past n periods, and therefore volatility is high/er.
Thanks Nicholishen. Made a template up just now

Also you for your very illustrative charts Juhamini.
"You know what needs to be addressed , completely completely reverse that".
  • #19
  • Mar 29, 2019 12:18pm Mar 29, 2019 12:18pm
Quoting juhanimi
Great! Thanks Nicholishen
I'm quite surprised at the "SETUPS" you discovered and displayed which I understood perfectly. A pair of volatility strength and expiry/exhaustion in a double bottom or double top structure.

Are you still trading the setup now; it appears like a kind that defies time or market conditions..??

Correct my assumption.

Regards.

Samuelsons.
  • #20
  • Last Post: Jul 29, 2020 8:45am Jul 29, 2020 8:45am
Quoting ShuffleKing
{quote} I have this one. Hope it helps {file} {image}
What is the green level number on the volatility histogram?
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