Indicators: Size Highs And Lows

 

Size Highs And Lows:

When volatility of the financial instrument became lower than some level, the long-,middle- and short-term strategies may lose profit and became unprofitable.

It depends how long will this "calm" - during these periods you may use scalper strategies based on hourly volatility. To find the patterns of market behavior you need a tools.

The Size Highs And Lows indicator shows the size of Highs and Lows and their values over the specified period (the values are calculated the same way as Price Channel indicator).

Author: Anatoli Kazharski

Fig.1. Size Highs And Lows indicator

Reason: