That one uses average true range and standard deviation. ATR (average true range) is another Wilder indicator from the 1970s, it measures volatility. After some math which I won't go into here, it tries to pick local highs and lows over 14 periods, an inverse of what is shown on ATR is what is the local high or low on the price action. Basically, a high ATR is supposed to signify low on your price action and vice versa.

ADX and CCI are used in ToR, average directional index and commodity channel index. ADX shows whether you are trending or ranging (oscillating) and CCI shows variation from a typical price.

So basically, they are different, fundamentally and technically, is the answer. And actually the name volatmeter is short for volatility meter. ToR is short for Trending or Ranging. So now you know.

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nittany1
Just as usuallll..new piece of art of stat...very good job

MAY I ASK YOUR KINDNESS for this idea please :
How about if you the option for user to choose his favorit TF & his favorit adjustable periods this option for both ADX and CCI...(some people prefer high TF )..
there is notein cci it sometimes saying "downhill" while it is in green 98.7..!!!...i think there is something wrong or i maybe did not understand the logic of it..maybe)
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Let me say this :
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Hi guys,

I just received it from my friend. Somebody code it for every timeframes and comparison to 3 currency pairs. I only have exe file.

Attached Images

gjchart.gif (17.6 KB, 1259 views)

Attached Files

Syzlan_v9[1].3.2.ex4 (18.0 KB, 252 views)

Hello Nittany,

I'm very interested in using ADX, do you have an ADX only for 5 minutes time frame with the number and line?

Thanks & Regards,

Hallo matfx, that indicator need Heiken_Ashi_Smoothed_Alert. Do you have one ? Or any boidy have one ?

Thank you

ServerUang

I think this one may be good try it

Attached Files

	HEIKEN~1.mq4 (4.1 KB, 88 views)
	Heiken_Ashi_Smoothed_Alert.mq4 (5.0 KB, 106 views)

WoW.... very fast answer... thank you increase, thank you very much.



Best Regards
ServerUang

I will to use indicators IADX and All ADX (fxbs), help to download

hi masta....

no more updated for new version about ToR indicator...
the indicator looks great..

i love it..

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I agree, one of the best indicators !!!