This indicator is used for detecting Volatility To be applied only on 15 mins chart As soon as you spot a circle (Inc. in Volatility) then high movement is expected in further 5-6 candles Movement can be up or down Its can be best used for scalping... Run a chart on 15 mins, detect a candle with an indication of high movement ahead shift to smaller timeframe like 3 mins apply lower setting supertrend like 11,2 and take benefit of the move
Release Notes
small issue resolved
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.