We’ve just released a brand-new Wavelet Based Volatility Filter for cTrader. This tool takes the standard volatility calculation a step further by applying a wavelet filter to clean out market noise and highlight the important shifts in volatility.
Unlike traditional measures that can look flat or cluttered, this indicator shows:
Two volatility lines – an orange raw line and a blue wavelet-smoothed line.
Green histogram bars that only appear when the market is unusually quiet, making low-volatility regimes easy to spot.
Adaptive scaling and baseline options (EMA, SMA, or Median) so it works across any symbol or timeframe.
Why use it?
Quiet markets often come before strong expansions. By spotting these low-volatility phases early, traders can prepare for breakouts, adjust risk, and avoid false signals.
Key Features
Raw vs filtered volatility comparison.
Automatic scaling so values never flatten out.
Flexible thresholding with hard/soft cut-offs.
Clean visuals that reduce chart clutter.
You can download the indicator free from the ClickAlgo website and try it on your charts today.
👉 Download Wavelet-Based Volatility Filter
What do you think, would you use this as a standalone volatility regime filter or combine it with your breakout/trend setups?
