You can now download Golminer MT4 Forex Volatility Strategy for free on AtoZ Markets indicators gallery.
This works on a high timeframe such as 30 minutes or 1 hour. This is applicable to any currency pairs. The Stretch is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. It represents the minimum average price movement/deviation from the open price during a period of time, and that value is used to calculate breakout thresholds for the current trading session.
This can be used to plot a multi-timeframe breakout channel. This indicator is used to measure movement deviation.
Forex Indicators:
- Stretch indicator (10, 12, period)
- Golminer 2 indicator (ssp 7)
- Damiani Volameter setting default
- Nina StepMA_Stoch setting default
How to use Golminer MT4 Forex Volatility Strategy?
Buy Entry:
- Nina Step Stochastic indicator Arrow Blue;
- Damiani Volameter 3.2 green line is greater than the grey line;
- Gold Miner 2 aqua color;
- Green bars of the Stretch indicator is greater than MA period.
Sell Entry:
- Nina Step Stochastic indicator Arrow Red;
- Damiani Volameter 3.2 green line is greater than the grey line;
- Gold Miner 2 red color;
- Green bars of Stretch indicator is greater than the MA period.
You can exit the position at the pivot point level and Profit Target predetermined that depends on the time frame and currency pairs.
How to download and install an indicator
In order to install the indicator on your MT4 platform, you need to follow these steps:
- Click on the “Download Indicator” button located at the bottom of the screen.
- Save the file to your computer.
- Extract and move the files into the MT5>Indicator folder of the MetaTrader5 software file directory.
- Restart your Metatrader platform.
- Navigate to “Indicators.”
- And select the “Golminer MT4 Forex Volatility Strategy” template to apply it on the chart.
Note: This indicator was developed by Jack. AtoZ Markets does not carry any copyrights over this trading tool.
