The Levels of Volatility

The indicator shows support/resistance levels based on the currency volatility for the selected period (number of bars) on the specified timeframe (regardless of the indicator timeframe).

Price data on the selected currency and specified timeframe (by default – D1) are necessary for the indicator's normal operation. To download the necessary data, simply open the new window of the selected timeframe.

МetaТrader 5 version: https://www.mql5.com/en/market/product/6832

Parameters

• Volatility bars count - number of bars to calculate levels
• Line symbol code - symbol code for displaying levels
• Volatility timeframe - timeframe used
• Limit bars to calculate - number of bars of the current chart to limit the calculation depth (0-count all bars of the chart)

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