Forex Volatility Levels SD + TT trading indicator is a tool for displaying volatility levels without repainting based on two calculation methods.
The Forex Volatility Levels SD + TT indicator determines the High and Low prices on the timeframe, from which it builds three volatility levels up and down, respectively. Volatility characterizes the size of price fluctuations relative to a simple average.
The Forex Volatility Levels SD + TT indicator has three volatility ratios and two types of calculation. The Strike level determines the touch of the High / Low prices to the previous / current levels.
Please note that on the zero bar (DATABAR = 0) the indicator may repaint levels, but on the first bar (DATABAR = 1) there will be no repainting.
The Forex Volatility Levels SD + TT trading indicator is an effective tool for analyzing the market situation, as well as for trading using support and resistance levels.
Features of Forex Volatility Levels SD + TT MT4 indicator
- Platform: Metatrader 4
- Ability to change settings: Yes
- Timeframe: any from 1 Minute to Daily
- Currency pairs: any
In Forex-Volatility-Levels-SD-TT.zip file you will find:
- Forex Volatility Levels SD+TT.ex4
Download Forex Volatility Levels SD + TT MT4 indicator for free: