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Stridsman Volatility Quality Histogram for Short-Term Slope Direction

Article MQL5 code base

Summary

This document describes a histogram presentation of Thomas Stridsman’s Volatility Quality indicator. It says this version follows the original indicator’s approach rather than commonly used variations and differs from the regular version by plotting just one value: a histogram intended to show the short-term direction of the Volatility Quality slope.

The material gives no calculation details, parameter settings, chart examples, or trading rules for interpreting the histogram. It also presents no tests or performance evidence, so it establishes the indicator’s stated purpose but does not show whether its signals are reliable or how they might fit into a trading strategy.

Key ideas

  • The indicator is presented as an implementation of Thomas Stridsman’s Volatility Quality approach.
  • The histogram version plots one value rather than the regular version’s output.
  • Its stated purpose is to indicate the short-term direction of the indicator’s slope.
  • The description provides no formulas, settings, or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.