Pan Bands of Asymmetric Volatility: MT4 volatility indicator with verified trading performance

Pan Bands of Asymmetric Volatility review for 2026 examines both academic foundations and practical trading Results to deliver an objective performance analysis. The indicator is built on Heping Pan's published research that models Yin-yang volatility in scale space and translates that into asymmetric bands which expand and contract based on directional volatility. In live and backtest snapshots provided by users it shows a consistent 4.5/5 marketplace rating with 100 reviews, and reviewers often cite clearer regime identification compared with symmetric band systems. What makes Pan Bands of Asymmetric Volatility unique is its emphasis on directionally asymmetric banding: upper and lower band responses are decoupled, which allows the algorithm to treat volatility expansion differently for up moves versus down moves. The underlying algorithm calculates multi-scale volatility estimates, aggregates them into a regime signal, and issues bias-weighted entries and exits on MT4. It handles trending breakouts and moderate swing reversals best, while range-bound chop requires tighter filters. Risk management is implemented via recommended stop placements tied to band width and an optional volatility-normalized position sizing module. Expected performance characteristics include moderate trade frequency, improved trade quality through regime filtering, and drawdown profiles that vary with aggressiveness settings. Heping Pan provides detailed parameter guidance, and users should perform forward testing on demo accounts before live deployment.