TM Volatility Scalping Edge
- Indicators
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Ramandeep Singh
I am an algorithmic trader, technical analyst and MT5 tool developer focused on Gold (XAUUSD), Silver and Forex. I have applied Elliott Wave analysis in live markets since 2020, supported by market structure, trendline analysis, momentum, volatility and trading psychology. - Version: 1.21
TM Volatility Scalping Edge is an adaptive volatility indicator for MetaTrader 5, designed for traders who prefer selective and easy-to-read scalping opportunities instead of continuous signals.
The indicator studies ATR-based volatility, price interaction with dynamic volatility boundaries, directional pressure and repeated market movements. When the required conditions align, a green or orange arrow highlights a potential bullish or bearish setup.
The adaptive upper and lower bands automatically expand and contract as market volatility changes. This allows the indicator to adjust to quiet, normal and more active trading conditions.
The on-chart dashboard displays:
• Current volatility regime
• ATR value
• Upward and downward breach percentages
• Any-breach probability
• Repeated-move probability
• Repeat advantage
• Current market activity
• Balanced, bullish or bearish market reading
Main features:
• Selective bullish and bearish arrows
• Adaptive volatility bands
• ATR-based market analysis
• Directional-pressure statistics
• Repeated-movement analysis
• Multi-timeframe compatibility
• Suitable for Forex, metals, indices and cryptocurrencies
• Clean and lightweight chart display
• Useful for scalping and short-term trading
• Completely free
A green arrow indicates a potential bullish volatility setup. An orange arrow indicates a potential bearish volatility setup. Signals should be confirmed using market structure, trend direction, support and resistance, spread conditions or your own trading system.
TM Volatility Scalping Edge is an analytical indicator. It does not open, manage or close trades automatically. No indicator can predict every market movement or guarantee profitable results.
