How to properly use the Volatility Filter?
I´m currently working on a setfile and I´m confused on how to properly set the Volatility filter. Of course I red the the guide.
For example I´d like the EA to not open on on a strong rise of the markets. Where are the differents between ATR/StdDv etc. In the Guide it says for max vola its points. But how does the filter measure it exactly? Like from the rise of the markets?
Maybe someone can explain it to me how I properly set it up and understands the problem I have. And maybe provide an example.
Thank You!
Hey!
Attach ATR or StDev to the chart and look at the values.
With "Min Volatility (in points)" = 10 you'll have trades in the green zones only:
Related article — What is a "point" in CP?