Ultimate Volatility Scanner By ScorpionFX

Ultimate Volatility Scanner By ScorpionFX

21 February 2019, 10:40
ScorpionFX
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DON'T WASTE YOUR TIME OR MONEY WITH AMATEURS. 

WE HAVE ALMOST 30 YEARS OF INSTITUTIONAL EXPERIENCE. 

AND WE HAVE THE PERFORMANCE RECORD TO BACK IT UP.

      THIS IS A GENERAL OVERVIEW OF THE BENEFITS, FEATURES AND PARAMETERS OF THIS INDICATOR.    

  BUT PLEASE BE SURE TO CONTACT US AFTER YOUR PURCHASE. AND WE WOULD BE HAPPY 

TO SEND YOU MANY MORE DETAILS REGARDING THIS INDICATOR AND THE BEST

WAYS TO USE IT. INCLUDING ADVICE ON THE BEST PAIRS TO MONITOR,

BEST TIME FRAMES, BEST SETTINGS ETC.

 

AS WELL AS SOME CRITICALLY IMPORTANT TRADING INFORMATION,

FOR ACHIEVEING THE BEST RESULTS IN YOUR LONG TERM TRADING CAREER. 

INCLUDING STRATEGY SELECTION, POSITION SIZING AND LONG TERM TRADING DEVELOPMENT.


                                                      ULTIMATE VOLATILITY SCANNER: 


This indicator has been designed to find various advantageous levels of volatility
in the market. The purpose of this is to get into position before the upcoming move
takes place. 
 
This indicator is extremely useful for traders who like to trade options.

Or any kind of strategy based around volatility expansion and contraction.


- You can choose which time frames you want to monitor. And when volatility reaches your 
   desired levels of volatility (in those time frames), the indicator will send you an alert. 


- Finding the lowest levels of volatility can be extremely useful for breakout trading.
  As prices can have explosive moves when coming out of consolidation patterns.   


- Finding the highest levels of volatility can also be extremely useful. 
  As you can either get into these instruments for trend trading opportunities. 
  Or you can monitor these instruments and look for reversals and range trades,

  once the high volatility eventually exhausts itself. 


IMPORTANT FACTORS TO KEEP IN MIND:

Volatility expansion and contraction is a fundamental market principle 
that will NEVER go away. And some of the largest institutions in the world 

invest enormous amounts of capital into various types of volatility strategies. 


Features:

  • This indicator can monitor all 28 pairs at the same time.
  • It can monitor every timeframe, from 1 Minute to Monthly. All at the same time. 
  • Will automatically trigger an alert whenever your selected levels are found.
  • It can monitor any symbol in your Metatrader platform. Including crypto, commodities, indices, equities, ETF's etc. 

- This indicator only needs to be placed on one chart and it will simultaneously monitor the entire market, all on one screen.

  This will save you an enormous amount of time and effort. As you won't have to flip through dozens of charts for analysis. 
  And this will allow you to focus on other aspects of your trading. Such as further technical (or fundamental analysis).
  This will also give you more time to find other trading opportunities. 


Indicator Parameters:

  • Useindi: Select either Bollinger Bandwidth or ADX for analyzing the volatility. 
  • Use alerts: True = Yes, False = No
  • MinAletsMin: Choose time interval for receiving alerts on any pair. Once every 5 minutes, 30 minutes, 60 minutes etc.
  • UseEmail: True = Yes, False = No
  • UseNotification: True = Yes, False = No
  • Font Size: Used for selecting your desired font size. 
  • X: Used for the horizontal positioning of the data on your screen. 
  • Y: Used for the vertical positioning of the data on your screen. 
  • X Width: Used for the horizontal spacing within your data.  
  • Y Width: Used for the vertical spacing within your data.
  • Pairs: Automatically monitors the top 28 pairs by default, but you can select less pairs if you wish.
  • Period: If using Bollinger Bandwidth, you enter the period here. 
  • Deviation: If using Bollinger Bandwidth, you enter the deviation here.
  • Bands_shift: If using Bollinger Bandwidth, you enter the bands shift here.
  • ADXPeriod: If using ADX, you enter the period here.
  • ColorBelowCriticalLevel: Values under the critical level will be this color. 
  • ColorAboveCriticalLevel: Values above the critical level will be this color.
  • CriticalLevel: This is the volatility level that the indicator will look for.  
  •                               

    If you use Bandwidth, we recommend using 0.5 (for critical level) and a period of 50.
    If you use ADX, we recommend using 25 (for critical level) and a period of 20.


    We have done an enormous amount of testing using volatility.
    And these settings provide very consistent results. 


See the images below for further details.
And contact us if you have any questions.

We reply to all questions within 24 hours. And depending on the total volume
of inquiries that we have, we can sometimes answer in less than 1 hour.

Even on weekends and holidays.   


We are always here to help.    =)


THANK YOU

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                        GENERAL INTRODUCTION: 

  Thank you for taking the time to review our indicators. 

  Please note that we have almost 30 years of institutional experience 
  in the forex market. We work with clients from all over the world.
  And we are (by far) the largest, most experienced and most qualified

  company offering products on this platform.

  If you would like further details regarding our experience and background,
  please take a look at our profile. And you will get a better understanding 
  of our overall trading experience and our approach to the market.

   https://www.mql5.com/en/users/escobedofx21 


                         REGARDING OUR INDICATORS: 

  All of our indicators have been designed through the lens of various 
  institutional trading approaches. And our indicators are currently 
  being used by well over 50,000 retail traders globally.    

  We focus on clean and effective designs for our indicators.
  And our indicators will never clutter your screen with useless
  or unnecessary data or distractions. 

  Please take a look at all the information below and let us know 
  if you have any questions about anything. 

  We are always here to help.


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VOLATILITY SCANNER 1

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                        GENERAL DESCRIPTION: 

  This indicator monitors all 28 pairs and all the time frames. 
  And it automatically identifies different volatility clusters in the market.    

  And when it finds one of these clusters, it will send you a real time alert. 


***YOU HAVE FULL CONTROL OVER A WIDE VARIETY OF PARAMETERS (DESCRIBED ABOVE). 

    AND ALERTS WILL BE TRIGGERED ACCORDING TO THE TIME FRAMES YOU SELECT.

 
    FOR EXAMPLE: 

    IF YOU SELECT M5, M15, M30 AND H1, THEN THE INDICATOR WILL LOOK 

    FOR YOUR SELECTED VOLATILITY LEVEL IN THOSE SPECIFIC TIME FRAMES. 

    ALLOWING YOU TO GET IN POSITION BEFORE THE NEXT EXPLOSIVE BREAKOUT.

    OR BEFORE THE NEXT CONSOLIDATION AND REVERSAL. 


                                 VERY IMPORTANT
                                    PLEASE NOTE: 

In addition to forex pairs, this indicator can also monitor any other symbol
that is offered in your Metatrader platform. Including crypto, commodities,

indices, equities, ETF's etc. 

Best of all, this indicator only needs to be placed on one chart.
And it will simultaneously monitor the entire market, all on one screen.
Allowing you to easily find as many trading opportunities as possible. 

This will save you an enormous amount of time and effort. As you won't have to flip

through dozens of charts for analysis. And this will allow you to focus on other aspects

of your trading. Such as further technical or fundamental analysis.


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VOLATILITY SCANNER 2

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                                   FULL DATA CONVENIENTLY DISPLAYED: 

You will have all the data for every instrument and every time frame. 
Conveniently displayed on one screen. And the list of instruments will 
automatically sort itself from 'most volatile' to 'least volatile'. 

In this example, the values in red are in accordance with the selected 
volatility level. And you have full control of the colors you wish to use. 

As well as the volatility levels that you wish to monitor.


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VOLATILITY SCANNER 3

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                             EXAMPLE OF A LOW VOLATILITY CLUSTER: 

In this example, the EURGBP has been consolidating for an extended amount of time. 
And at this point, it is inevitable for this pair to make its next powerful move. 
Once you receive your alert, you can conduct further trade analysis and determine 

if this is a trade you would like to take. 


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PLEASE LET US KNOW IF YOU HAVE ANY QUESTIONS ABOUT ANYTHING YOU SEE HERE. 
AND PLEASE BE SURE TO CONTACT US AFTER YOUR PURCHASE. AS WE WOULD BE HAPPY 

TO SEND YOU FULL DETAILS FOR THE BEST WAYS TO USE THIS POWERFUL INDICATOR.

INCLUDING SOME VALUABLE ADVICE ON THE BEST PAIRS TO MONITOR, BEST TIME FRAMES, 
BEST SETTINGS ETC. AS WELL AS SOME VERY, VERY IMPORTANT TRADING INFORMATION. 

FOR ACHIEVING THE BEST RESULTS IN YOUR LONG TERM TRADING CAREER. 

THANKS AGAIN FOR REVIEWING OUR INDICATORS.

AND WE LOOK FORWARD TO WORKING WITH YOU SOON. 


Best Regards, 

Support Team

ScorpionFX.com


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