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Volatility Trading System

  • #1
  • First Post: Edited Jan 12, 2019 10:33am Dec 9, 2017 6:26am | Edited Jan 12, 2019 10:33am
Hi! i had many request for my MT4 version of famous Volatility Trading System. So i post here my version. U have to copy indicator into MQL/indicators folder and attach it to a chart.

Settings:
- ADM period: number of days for calculation
- k_entry coefficient of ADM to calculate entry point
- k_tp1 coefficient of ADM to calculate TP 1
- k_tp2 coefficient of ADM to calculate TP 2
- k_tp3 coefficient of ADM to calculate TP 3

Strategy: intraday trading (Best TF: 5 or 15min)

1. buy with close above consolidation level(Buy Line Above)
2. sell with close below consolidation level(Sell Line Below)
3. 1st and 2nd targets are most success
3. stop loss:

  1. is white middle line (conservative)
  2. Stop&Revers (aggressive)



Strategy: for positional trading

1. enter in every buy or sell cross
2. stop loss is next opposite signal

Update: 27 01 2018

Final version: Volatility Trading System v2.ex4
Final version: Dashboard VTS v2.ex4
Final version: trend indicator.ex4

I wrote a little user guide..... try it on DEMO

Enjoy and tell me bugs.....tnx u

Attached Image (click to enlarge)
Click to Enlarge Name: 1.PNG Size: 37 KB
Attached File(s)
File Type: pdf Volatility Trading System Rules.pdf   112 KB | 4,413 downloads | Uploaded Jan 27, 2018 12:17pm
  • #2
  • Dec 9, 2017 10:52am Dec 9, 2017 10:52am
Quoting metatsock
Hi! i had many request for my MT4 version of famous Volatility Trading System. So i post here my version. U have to copy indicator into MQL/indicators folder and attach it to a chart. Gain/loss is optimized for forex cross (pips). U can anyway use it for CFD or stocks or futures contracts. Settings: - ADM period: number of days for calculation Average Day Moment (between one-day Hi Low distance) - k_entry coefficient of ADM to calculate entry point - k_tp1 coefficient of ADM to calculate TP 1 - k_tp2 coefficient of ADM to calculate TP 2 - k_tp3...
Many thanks brother please as you are here please i have a request which i believe you can help me out with its a strategy i want us to convert to EA can i send the details here or can i send it to your mail please help .Rgds
  • #3
  • Dec 10, 2017 4:55am Dec 10, 2017 4:55am
Quoting metatsock
Hi! i had many request for my MT4 version of famous Volatility Trading System. So i post here my version. U have to copy indicator into MQL/indicators folder and attach it to a chart. Gain/loss is optimized for forex cross (pips). U can anyway use it for CFD or stocks or futures contracts. Settings: - ADM period: number of days for calculation Average Day Moment (between one-day Hi Low distance) - k_entry coefficient of ADM to calculate entry point - k_tp1 coefficient of ADM to calculate TP 1 - k_tp2 coefficient of ADM to calculate TP 2 - k_tp3...
Thanks for the code dear Metastock. This help from you has really eased my journey towards MT4 .

Regards.
  • #4
  • Dec 10, 2017 5:44am Dec 10, 2017 5:44am
Quoting metatsock
Hi! i had many request for my MT4 version of famous Volatility Trading System. So i post here my version. U have to copy indicator into MQL/indicators folder and attach it to a chart. Gain/loss is optimized for forex cross (pips). U can anyway use it for CFD or stocks or futures contracts. Settings: - ADM period: number of days for calculation Average Day Moment (between one-day Hi Low distance) - k_entry coefficient of ADM to calculate entry point - k_tp1 coefficient of ADM to calculate TP 1 - k_tp2 coefficient of ADM to calculate TP 2 - k_tp3...
Hi Metatsock thanks for your volatility indicator do i wait for only the arrow signal before making an entry?
  • #5
  • Dec 10, 2017 5:53am Dec 10, 2017 5:53am
Quoting fxmen
{quote} Thanks for the code dear Metastock. This help from you has really eased my journey towards MT4 . Regards.
U are welcome! I suppose that u use this system on other platform......this is great, so u can tell me if it works fine
  • #6
  • Dec 10, 2017 5:56am Dec 10, 2017 5:56am
Quoting Slingshots1
{quote} Hi Metatsock thanks for your volatility indicator do i wait for only the arrow signal before making an entry?
Hi! Arrow signals the Candle Close above/below entry trigger point.....according with orginal rules of system. If u uses this rule u have to wait candle close to entry .....my experiance tells that it's good because it reduces false signals.

Anyway many people also prefere entry at market at touch of entry trigger point......a little bit aggressive approach.
  • #7
  • Dec 10, 2017 10:24am Dec 10, 2017 10:24am
Quoting metatsock
{quote} Hi! Arrow signals the Candle Close above/below entry trigger point.....according with orginal rules of system. If u uses this rule u have to wait candle close to entry .....my experiance tells that it's good because it reduces false signals. Anyway many people also prefere entry at market at touch of entry trigger point......a little bit aggressive approach.
Metas can you help to do an ea for this strategy see pictures attached the ea should work 15 minutes to daily time frames.The strategy is called DOUBLE BOLLINGER BAND STRATEGY;The Bollinger band is put on chart ,then when you put on the second one on chart you change the middle line to 1 thats double bollinger strategy..Rgds
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DOUBLE BOLLINGER.PNG Size: 59 KB
Click to Enlarge Name: DBB2.PNG Size: 38 KB
Click to Enlarge Name: SELL MODE.PNG Size: 65 KB
Attached Images
  • #8
  • Dec 10, 2017 12:18pm Dec 10, 2017 12:18pm
Quoting Slingshots1
{quote} Metas can you help to do an ea for this strategy see pictures attached the ea should work 15 minutes to daily time frames.The strategy is called DOUBLE BOLLINGER BAND STRATEGY;The Bollinger band is put on chart ,then when you put on the second one on chart you change the middle line to 1 thats double bollinger strategy..Rgds {image} {image} {image} {image} {image}

Interesting strategy SlingShots.....may I ask, how long have you been trading this and what are your average stats?
  • #9
  • Dec 10, 2017 12:48pm Dec 10, 2017 12:48pm
Hello Metatsock,
First thank you for the trial use of your indicator. Exactly what i have been looking for to complete my trading strategy.
I too would either like your help in creating a semi-auto EA or your permission to use your mt4 file to create an EA from another coder.
This system will rely on Daily, Weekly And monthly pivots and where price opens at the beginning of the day.

OPEN LINE
DAILY PIV
WEEKLY PIV
MONTHLY PIV
-----------------
UP TREND

OPPOSITE FOR DOWN TREND
ANY OTHER SEQUENCE = CONSOLIDATION

BUY RULES = BUY BLUE LINE, SL DAILY OPEN LINE, TP1, TP2, TP3 LINES
SELL RULES = SELL RED LINE, SL DAILY OPEN LINE, TP1, TP2, TP3 LINES
Attached Image (click to enlarge)
Click to Enlarge Name: 15MTRADINGIDEA.png Size: 113 KB
Trade what "Is", not what "If".
  • #10
  • Dec 10, 2017 1:05pm Dec 10, 2017 1:05pm
Quoting Slingshots1
{quote} Metas can you help to do an ea for this strategy see pictures attached the ea should work 15 minutes to daily time frames.The strategy is called DOUBLE BOLLINGER BAND STRATEGY;The Bollinger band is put on chart ,then when you put on the second one on chart you change the middle line to 1 thats double bollinger strategy..Rgds {image} {image} {image} {image} {image}
At moment i have Volatility Trading System as project.....sorry
maybe u can request it at great coders of 3D for request code mql.
  • #11
  • Edited 1:38pm Dec 10, 2017 1:13pm | Edited 1:38pm
Quoting 4xu2
Hello Metatsock, First thank you for the trial use of your indicator. Exactly what i have been looking for to complete my trading strategy. I too would either like your help in creating a semi-auto EA or your permission to use your mt4 file to create an EA from another coder. This system will rely on Daily, Weekly And monthly pivots and where price opens at the beginning of the day. OPEN LINE DAILY PIV WEEKLY PIV MONTHLY PIV ----------------- UP TREND OPPOSITE FOR DOWN TREND ANY OTHER SEQUENCE = CONSOLIDATION BUY RULES = BUY BLUE LINE, SL DAILY...
Hi! tnx u for your idea. At moment indicator is free so u can use it as u want....also for creation of personal EA.
Open day is DC
Into next version i will try to improve indicator with pivot.

Stay tuned
  • #12
  • Dec 10, 2017 3:05pm Dec 10, 2017 3:05pm
Quoting metatsock
Hi! i had many request for my MT4 version of famous Volatility Trading System. So i post here my version. U have to copy indicator into MQL/indicators folder and attach it to a chart. Gain/loss is optimized for forex cross (pips). U can anyway use it for CFD or stocks or futures contracts. Settings: - ADM period: number of days for calculation Average Day Moment (between one-day Hi Low distance) - k_entry coefficient of ADM to calculate entry point - k_tp1 coefficient of ADM to calculate TP 1 - k_tp2 coefficient of ADM to calculate TP 2 - k_tp3...
Love it, thanks very much for the indicator, hope it will not expired very soon ?
  • #13
  • Dec 11, 2017 12:19am Dec 11, 2017 12:19am
Quoting sunny2way
{quote} Love it, thanks very much for the indicator, hope it will not expired very soon ?
It will expire in 7 weeks
  • #14
  • Dec 11, 2017 1:26am Dec 11, 2017 1:26am
Quoting metatsock
Hi! i had many request for my MT4 version of famous Volatility Trading System. So i post here my version. U have to copy indicator into MQL/indicators folder and attach it to a chart. Gain/loss is optimized for forex cross (pips). U can anyway use it for CFD or stocks or futures contracts. Settings: - ADM period: number of days for calculation Average Day Moment (between one-day Hi Low distance) - k_entry coefficient of ADM to calculate entry point - k_tp1 coefficient of ADM to calculate TP 1 - k_tp2 coefficient of ADM to calculate TP 2 - k_tp3...
Thank you Metatsock,
I am also very interested in your trading method. Care to go more in depth? How long have you been trading it?
Trade what "Is", not what "If".
  • #15
  • Dec 11, 2017 5:19am Dec 11, 2017 5:19am
Quoting metatsock
{quote} It will expire in 7 weeks
Thanks, please what should I do to make d indicator permanently working for me ? I just need it seriously to make trade easier for me
  • #16
  • Dec 11, 2017 5:53am Dec 11, 2017 5:53am
Quoting 4xu2
{quote} Thank you Metatsock, I am also very interested in your trading method. Care to go more in depth? How long have you been trading it?
Hi! I coded it many years ago....and i used it filtered by ADX for entry during strong trend.
My experience tells me that alone is not sufficient...needs a filter.

For this reason i will add pivot At indicator.....may be it could be usefull.

Of corse the filter perfect doesn't exist....But it depends by type of operativity that each one has.
  • #17
  • Dec 11, 2017 5:59am Dec 11, 2017 5:59am
Quoting sunny2way
{quote} Thanks, please what should I do to make d indicator permanently working for me ? I just need it seriously to make trade easier for me
To be permanently i must be sure that it is stabile. ...and it works fine.

For this reason your feedbacks are very important.....

By the way don"t worry....use it....Take confidence. .....and then we will make it with out expiration.

Sincerely
  • #18
  • Dec 11, 2017 6:18am Dec 11, 2017 6:18am
Metasock

Seems stable so far. Have a small AUDUSD trade running at the moment. Will see how it goes.

Appears to also go by the name Ultimate Volatility Trading System. Was built for Amibroker. I noticed it also had coloured candles to match the buy/sell points, and consolidation phase. The levels are fib levels. Not sure how the volatility piece is calculated so that the signal (arrow) is triggered.

I also managed to dig up the following:

Intraday, best for 5 min time frame
1. buy above consolidation level(Buy Line Above)
2. sell below consolidation level(Sell Line Below)
3. 1st and 2nd targets are most successful
3. stop loss is white middle line (yesterday’s closing price)

Positional
1. enter in every buy or sell arrow signals
2. stop loss is next opposite signal

the levels and signals are same in any time frame
  • #19
  • Dec 11, 2017 6:40am Dec 11, 2017 6:40am
..... and a little more for those that are interested.

Ultimate Volatility Expert is a system created based on ADM(Average Daily Movement). It is a system based on breakout trading and quite similar to Open range breakout trading. And here the breakout levels are decided based on the ADM movement. The system was created by Murali Krishna.

Average Daily Movement(ADM) is the average price movement of last N (e.g. 10 days) day (High-Low). ADM plays a major role in deciding the Breakout and Target Levels.

How the Breakout Levels are decided?
Breakout levels are decided when the current price breaks above (prev day close + 0.382*ADM) level which generates the Buy Signal and when the current price break down below (prev day close – 0.382*ADM) levels generates the sell signal

How the Target is Decided?
BuyTarget1= (0.45*ADM)+BuyPrice;
BuyTarget2= (0.95*ADM)+BuyPrice;
BuyTarget3= (1.95*ADM)+BuyPrice;
SellTarget1= SellPrice-(0.45*ADM);
SellTarget2= SellPrice-(0.95*ADM);
SellTarget3= SellPrice-(1.95*ADM);
  • #20
  • Dec 11, 2017 6:59am Dec 11, 2017 6:59am
Quoting 4xu2
Hello Metatsock, First thank you for the trial use of your indicator. Exactly what i have been looking for to complete my trading strategy. I too would either like your help in creating a semi-auto EA or your permission to use your mt4 file to create an EA from another coder. This system will rely on Daily, Weekly And monthly pivots and where price opens at the beginning of the day. OPEN LINE DAILY PIV WEEKLY PIV MONTHLY PIV ----------------- UP TREND OPPOSITE FOR DOWN TREND ANY OTHER SEQUENCE = CONSOLIDATION BUY RULES = BUY BLUE LINE, SL DAILY...

Please can you upload your indicators/template? Thank you
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