Volatility Indicator

[willmalou]

Does anyone know of a volatility indicator that shows past volatility history vs current volatility.
IE last x number of weeks/hours vs current

[SteveHopwood]

Does anyone know of a volatility indicator that shows past volatility history vs current volatility.
IE last x number of weeks/hours vs current

So far as I know, the only information held in the candle info by Empty4 candles is the open, close, high, low, open time and close time price of that candle.

Any indi that claims to have any further information is coded by a charlatan. The coder is making stuff up as it goes along. That includes the writers of several of the indis that ship with Empty4.

It is possible to build up a database of the sort of info you are looking for, but I have no idea if anyone has done so. You can always start doing so. As to the cost of buying access to that existing database..................................

Best advice to you is to stop trying to invent an impossible wheel. There are threads here that will teach you to trade. There are threads that will provide you with profitably trading EA's. Use them.

[BobbyT]

Does anyone know of a volatility indicator that shows past volatility history vs current volatility.
IE last x number of weeks/hours vs current

Hi Will,

The best you can do for history vs present in Empty4, without tick data, is deltaPrice over x bars. However this is pretty much just rate of change; there are a number of indicators which implement this.

As Steve suggests, you need a database of price information. Ideally, this database would be tick data, which you will either have to collect in real time, buy access to or download from somewhere like Dukas. If you really want to do this, I would suggest running the indicator through either the Empty4 R bridge (which can be a bit laggy due to data tranfer between Empty4 and R and as such is not really suited to HFT or anything under 15min in my opinion) or move to Zorro (which has a Empty4 bridge). I use R for work and play and use Zorro (very noob user) strictly for play (until I can make something profitable anyway ).

Personally, I would go with Zorro for this task as it can receive data directly from your broker. It is also orders of magnitude faster than R as it utilises Lite-C, a lightweight C language (as opposed to MQL4 which is based on C but is anything but lightweight or well implemented for that matter). Check out the Zorro documentation as they very well may have already implemented a true volatility indicator.

Cheers,
BobbyT

EDIT: just checked the zorro manual and they have several flavours of volatility indicator.

[willmalou]

Thanks for the information. I will look into that.

Hi Will,

The best you can do for history vs present in Empty4, without tick data, is deltaPrice over x bars. However this is pretty much just rate of change; there are a number of indicators which implement this.

As Steve suggests, you need a database of price information. Ideally, this database would be tick data, which you will either have to collect in real time, buy access to or download from somewhere like Dukas. If you really want to do this, I would suggest running the indicator through either the Empty4 R bridge (which can be a bit laggy due to data tranfer between Empty4 and R and as such is not really suited to HFT or anything under 15min in my opinion) or move to Zorro (which has a Empty4 bridge). I use R for work and play and use Zorro (very noob user) strictly for play (until I can make something profitable anyway ).

Personally, I would go with Zorro for this task as it can receive data directly from your broker. It is also orders of magnitude faster than R as it utilises Lite-C, a lightweight C language (as opposed to MQL4 which is based on C but is anything but lightweight or well implemented for that matter). Check out the Zorro documentation as they very well may have already implemented a true volatility indicator.

Cheers,
BobbyT

EDIT: just checked the zorro manual and they have several flavours of volatility indicator.