Volatility Scanner
in very raw form for number of currency pairs.
Descritpion:
Indicator shows volatility starting from actual candle on the right side (next to the symbol) to older candles left from actual.
There are 2 numbers for each candle.
Left number is body size/ average body size calculated of 100 previous candles.
Right number is high-low size/ average high-low size calculated of 100 previous candles.
Lower volatility is marked with color.
Blue color means that body size is lower than 50% of average body and at the same time the high-low size is bigger than 50% of average high-low size.
Red color means that body size is lower than 50% of average body and at the same time the high-low size is lower than 50% of average high-low size.
You can change number of candles shown and size of the text.
Usage:
Can indicate uncertainty or possible swing points (doji bar) .
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