Forex Nerve script for MetaTrader 5

The script calculates the average volatility of symbols according to the equation: the differences of the maximum and minimum values of the candles for the selected period in days (excluding weekends) are added, that is, only the quotation days are taken and then the motion sum is divided by quotation days.

Day – average volatility within a specified period.

DayMax –maximum volatility per day within a specified period.

PerMax – maximum volatility on one candle.

The script parameters:

  • Day – number of days for calculation.
  • WMA – if ‘false’, simple average; if ‘true’, weighted average.

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Forex Nerve script for MetaTrader 5

MT5 Forex Script Characteristics

Platform: Metatrader 5

Type: Script

Time frames: any.

How to install Screenshot Script in MetaTrader 5 / MT5:

Copy and paste the Nerve.mql5 files into the MQL5 Scripts folder of the Metatrader 4 trading platform.

Restart your MetaTrader 5 application (assuming it’s currently open) … or Launch your MetaTrader 4 application

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL5 > Script (paste here)

On the left hand side, look for the “Navigator” window and under the “Common” tab, look into the “Scripts” section

Locate the indicator which you have just downloaded into the folder stated in Step 1

Drag (Click and drag) the Script onto the chart (when you want the task to be performed)

your task should now be executed…

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