Volatility Stop Indicator MT5
Platform: MT5 Type: Volatility Last update: February 5, 2026The Volatility Stop Indicator for MT5 helps traders to define their stop loss levels. It’s also useful for maximizing profits as it works well as a trailing stop.
Example chart:
How to use the Volatility Stop Indicator for MetaTrader 5?
Once the valatility stop indicator is activated, it displays a series of orange and green dots. They move above or below candlesticks and help traders determine optimal exit points when positions move against them.
The indicator finds the sweet spot between protecting capital and giving trades enough space to breathe through normal price swings.
What’s more, this volatility indicator tells traders the expected trend direction. Green dots suggest bullish sentiment and orange dots reflect bearish bias.
Settings
In the settings tab, there are three customizable inputs:
- Length – controls the lookback period for volatility calculations, affecting how responsive the indicator is to price changes (default: 20)
- Source – determines which price (close, open, high, or low) is used as the baseline for stop placement (default: close price)
- Multiplier – sets how far the stop loss sits from price by adjusting the distance based on volatility (default: 1.75)
