What is volatility-ratio?
volatility-ratio is an indicator that expresses price movement over a selected period as a relative volatility ratio. It distinguishes high-volatility conditions from lower-volatility range conditions. Its line reacts faster than ATR, and higher readings indicate more active price movement.
How to use volatility-ratio
Follow the volatility-ratio line, which reacts faster than ATR. Higher readings show more active price movement, while sustained low readings describe a quieter range-market state. The line can be used to distinguish volatility increases associated with a breakout from lower volatility in a range market.
Where it helps
MT5 Indicator Parameters
The table below lists the available MT5 indicator parameters. You can customize these options in the MetaTrader Inputs dialog to match your trading preferences.
| Parameter | Description |
|---|---|
| Period | Sets the period used to calculate volatility. |
| Threshold | Sets the level at which a volatility alert is triggered. |
| Show alerts | Enables or disables volatility alerts. |
The screenshot above shows the default input parameters in the MT5 settings window.
How to Install .ex5 Indicator in MetaTrader 5
- Download the ZIP file and extract it.
- In MT5, select File → Open Data Folder.
- Open MQL5 → Indicators and copy the EX5 or MQ5 file into it.
- If the package includes library files, copy them to MQL5 → Libraries. Copy TPL files to the top-level templates folder.
- Restart MT5, find the indicator in the Navigator, and drag it onto a chart.
Test the tool on a demo account first. File contents and required folders can vary between packages.
