The technical indicator MT5 AML StDev HTF is based on the indicator Adaptive Market Level AML (a stock indicator Fractal Adaptive Moving Average FRAMA with an additional filter) with a parameter of additional volatility.
The stock indicator XXRSX StDev HTF is a trading tool having a volatility parameter calculated based on the standard deviation Standard Deviation StdDev which provides an additional indication with color dot formation when the Standard Deviation value exceeds a predefined level (signal volatility).
More volatility is high , the more the point is big:
. Low volatility: no points
. Volatility Average: small colored dots
. High volatility: large colored dots
HTF or Higher Time Frame: option to select a time frame (time unit UT) different from the time frame of the current chart to calculate the indicator.
Simultaneous technical analysis of multiple time frames allows the investor to accurately identify the general trend of short-term market and long term to anticipate the entry and exit points of the trade with a global vision of the market.
If the signals correspond to the different time frames, the probability of success increases: the trading signal is stronger and more reliable .
included
aml_stdev_htf.mq5
aml_stdev.mq5
Broker Online - Broker Stock Exchange : Trading Platform Metatrader MT5
Interpretation Rules - Signals From Trading
* Buy signal: Feeling trend bull market - buyer Courant
. Blue: rising value
. The closing price above line AML StDev
. The line AML StDev moves upward
* short sale signal: Feeling trend bear market - current vendor
. Red: decrease in value
. The closing price below line AML StDev
. The line AML StDev goes down
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Time and Time unit UT - Time frame: H1
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