DailyGoOnGraph levels indicator: range built on volatility
DailyGoOnGraph levels indicator - is an indicator that displays on the price chart of the currency pair a possible daily price range, which is calculated on the basis of volatility the period set by the trader.
The DailyGoOnGraph indicator draws a range consisting of six lines:
- The dotted lines are the middle range;
- The blue lines are the range representing 75% from maximum;
- The red lines are the range representing 95% from maximum.
At the same time, you can change the depth of history on which the estimated price range is calculated.
According to experts at fortrader.org, despite its simplicity, DailyGoOnGraph levels indicator will significantly increase the efficiency when planning intraday trading.
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