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.
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According to experts at fortrader.org, despite its simplicity, DailyGoOnGraph levels indicator will significantly increase the efficiency when planning intraday trading.
Download DailyGoOnGraph indicator
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