Forex Volatility Levels SD+TT Trading Indicator
Forex Volatility Levels SD+TT Trading Indicator - Another profitable tool by Tankk, known on the forum of traders forexsystemsru.com with their original indicators.
Forex Volatility Levels SD+TT indicator determines on the price timeframe High and Low, from which it builds three levels volatility 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 coefficients, two types of calculation. The Strike level determines the touching by prices of the previous/current High/Low levels.
Note that on the zero bar (DATABAR = 0) the indicator may re-draw levels, but on the first bar (DATABAR = 1) it will not re-draw.
Forex Volatility Levels SD+TT Trading Indicator - an effective tool for analyzing the market situation, as well as for trading using levels.
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