The Chaikin Volatility Indicator MT5 is a popular and useful free Forex indicator that helps traders to identify potential trading opportunities in the Forex market. The indicator is based on the Accumulation/Distribution (A/D) line and uses the difference between the high and low price to calculate the volatility of an asset. The indicator is designed to measure the strength of a trend and to identify potential reversals in price. The Chaikin Volatility Indicator MT5 is a great tool for traders looking to gauge the level of volatility in the Forex market. The Chaikin Volatility Indicator MT5 works by comparing the current high and low prices of an asset to the previous high and low prices. If the difference between the current high and low prices is greater than the difference between the previous high and low prices, then the indicator will register an increase in volatility. Conversely, if the difference between the current high and low prices is smaller than the difference between the previous high and low prices, then the indicator will register a decrease in volatility. By monitoring the level of volatility in the market, traders can look for possible breakouts or reversals in the market.
MT5
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Chaikin-Volatility-Indicator-screenshot-1-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Chaikin-Volatility-Indicator-screenshot-2-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Chaikin-Volatility-Indicator-screenshot-4-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Chaikin-Volatility-Indicator-screenshot-3-1-230x144.png)
Chaikin Volatility
The Chaikin Volatility Indicator (CV) is a popular free Forex indicator for the MT5 trading platform. The indicator uses the difference between the High and Low prices of a currency pair to calculate the volatility. The CV indicator is calculated by taking the difference between the High and Low prices of a currency pair, then dividing it by the Average True Range (ATR). The Chaikin Volatility Indicator is a popular and free Forex indicator for the MT5 platform, providing traders with a useful tool to gauge market volatility and predict potential breakouts.
Trading Style | , |
---|---|
Indicator Type | |
Timeframe | , |
Platform |
0
People watching this product now!
Category: Stochastic
Downloads - 49
Description
Reviews (0)
Be the first to review “Chaikin Volatility” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
AO Divergence
The AO Divergence Indicator is a useful BE4 tool for forex traders who want to identify divergence patterns in the market. This new MT4 indicator is popular with traders due to its effectiveness in spotting divergence patterns and predicting potential price reversals. It works by analyzing the Awesome Oscillator (AO) and highlighting divergence patterns that may indicate possible trend changes. The AO Divergence Indicator is easy to use and can be a valuable addition to any trader's toolbox.
3 Color MACD
The 3 Color MACD Indicator is a useful forex trading tool that is available for free on MT4. This popular indicator uses Moving Average Convergence Divergence (MACD) to help traders identify market trends and potential entry/exit points. The indicator is easy to use and can be applied to any currency pair or timeframe. It is ideal for both novice and experienced traders who want to enhance their trading strategy with a reliable technical indicator.
Synthetic VIX
The Synthetic VIX Indicator is a popular and free Forex indicator for the MT4 trading platform. The indicator utilizes a combination of price action and signals from multiple time frames to accurately predict market movements. The Synthetic VIX indicator can be used to identify potential entry and exit points in the market, as well as to identify trend reversals and breakouts. It is designed to provide traders with an easy to use and reliable indicator that can help them make informed trading decisions. With its accurate and reliable signals, the Synthetic VIX Indicator is a great tool for any trader looking to improve their trading performance.
Schaff Trend Cycle
The Schaff Trend Cycle indicator is a popular forex indicator for MT4, which determines market trends with high accuracy. Its values range from 0 to 100, with values above 75 indicating overbought and values below 25 indicating oversold. Whether you are a beginner or an experienced trader, the Schaff Trend Cycle indicator will help you make better trading decisions and improve profitability.
Commodity Channel Index
The Commodity Channel Index (CCI) is a popular and useful Forex indicator used by many traders. It is a technical indicator that measures the momentum of price movements and helps to identify when a currency pair is overbought or oversold. It is easy to use and can help traders identify potential trading opportunities. The indicator is free to use on the MT4 trading platform and is one of the most popular indicators used by traders.
Renko Charts
The Renko Charts indicator is a popular free MT4 tool used by forex traders to analyze market trends. It works by plotting price movements as "bricks" on a chart, where each brick represents a predetermined price range. This helps filter out market noise and highlight the direction of the trend. Make The Renko Charts indicator a useful tool to improve your Forex trading strategies.
FX5 MACD Divergence
The MACD FX5 Divergence Indicator is a new and popular forex indicator that runs on the MT4 platform. This is a free indicator that traders can use to identify potential trend reversals and momentum shifts. The indicator is based on the Moving Average Convergence-Divergence (MACD) indicator, which measures the distance between two moving averages. It analyzes the divergence between the MACD indicator and price action and then generates buy or sell signals. Use this indicator to better understand market trends and take advantage of potential profit opportunities.
Reviews
There are no reviews yet.