Indicator intraday volatility without delay, recommended for intraday trade zone strategies.
It is often necessary to calculate the optimal time to trade when quotes are changing rapidly (for example, c 07:00 to 21:00).
If the tool is not familiar, this may present a problem. This indicator reads all the bars on the graph and displays statistics, at what time of the day the most activity was observed. As an activity criterion chosen height of the Japanese candles (High minus Low). High activity is allocated by green bars, low - red. The indicator can be used as a filter for various strategies that require high activity of the instrument.
WmiVol
The indicator hints that the best time to trade on EURUSD is from 08:00 to 19:15 (time by server).
Tips:
If you want to get the most appropriate picture - the story of the tool to load quotes (F2);
The indicator does not work on timeframes D1 and above (it intraday);
The indicator is not redrawn;
New OnInit, OnCalculate functions are used, as recommended for MT4 600+ assemblies.
Re: Something interesting please post here (Metatrader)
421what we want: 1+1+1+1+1+1+1+1+1=9
what market delivers: 1+2+8+7-4+0-5+8-4-5+1=9

what market delivers: 1+2+8+7-4+0-5+8-4-5+1=9
