Relieve Fatigue Indicator - Comprehensive Guide

"Refresh Your Trading Strategy - Let Market Volatility Work For You!"

🔹 Overview

The Relieve Fatigue indicator is a sophisticated volatility measurement tool for MetaTrader 4 that helps traders identify periods of high and low market activity. This indicator calculates the ratio of current volatility to average volatility, providing clear visual signals about market conditions.

Key Features:

✅ Volatility Ratio Calculation - Measures current vs. average volatility

✅ Clear Visual Signals - Color-coded lines for easy interpretation

✅ Customizable Periods - Adjust sensitivity to market conditions

✅ Separate Window Display - Doesn't clutter price chart

🔹 How It Works

The indicator uses statistical standard deviation to calculate:

Current Volatility - Measured over the selected period

Average Volatility - Historical volatility baseline

Volatility Ratio - Current volatility divided by average volatility

Signal Interpretation:

🟢 Above 1.0 → Higher than average volatility (active market)

🔴 Below 1.0 → Lower than average volatility (quiet market)

🔹 Indicator Settings & Parameters

1. Core Inputs

ParameterDefaultDescription

Volatility Period25Lookback period for volatility calculation

Price TypeClosePrice used for calculations (Open, High, Low, Close, etc.)

2. Visual Settings

Main Line (Green/Red) - Shows volatility ratio (1.0 = average)

Below Zero Lines (Red) - Emphasizes low volatility periods

Line Thickness - Adjustable for visibility

🔹 Trading Applications

Breakout Strategy

Enter trades when volatility crosses above 1.0 after quiet period

Set stops using ATR during high volatility

Range Trading

Fade price extremes during low volatility (ratio 1.0)

Tighten stops in quiet markets

Trend Confirmation

Strong trends typically show sustained ratio 1.0

Declining volatility may signal trend exhaustion

🔹 Recommended Settings

Short-term Trading: Period 10-15

Swing Trading: Period 20-30

Position Trading: Period 50+

🔹 Developer & Source

Developer: R.KH

Year: 2025

Website: https://www.robomql.com

"Trade With Renewed Energy - Let Volatility Be Your Guide!" ⚡📊