Major pairs pips average radar

This indicator provides useful information for quantitative analysis.

It compares the 28 pairs' pips of the current day with the average of pips made in the previous three days.

When in the last three days the pips value is low and the value of today's pips is below, we are in the presence of a volatility compression that will explode soon.

The "Range Today" is red if today's figure is less than the range of the previous three days, but turns green when the percentage exceeds 100%.

When the range exceeds 100% there are good trading opportunities because we are in the presence of increased volatility of the past three days.

It offers great opportunities to identify in advance how the market will move in favor of trend and infinite study ideas

Best use with Banks Day Levels indicator.


Parameters settings

  • Pairs_Suffix: Pairs suffix as "micro" or "-ECN" etc
  • Alert_Notification: Alert when the percentage exceeds 100%.
  • Push_Notification: Push notification on mobile device when the percentage exceeds 100%.
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This indicator detects Inside Bar Narrow Range 4 and Inside Bar Narrow Range 7 two powerful patterns on 28 pairs on all timeframes.  "Inside Bar Narrow Range 4"  is an inside bar with the narrowest range out of the last 4 bars so "Inside Bar Narrow Range 7" an inside bar with the narrowest range  out of the last 7 bars. Hence, IBNR4 and better IBNR7 are an objective criterion for identifying  decreased range and volatility. Once we find an IBNR4 or an IBNR7 pattern, we aim to trade the breakout
This powerful indicator intercepts 21 patterns simultaneously on 28 Pairs and on all timeframes. Just put the indicator on a single chart to see all patterns that appear on all pairs in all timeframes The patterns found are: For Bearish: Bearish Abandoned Baby; Bearish Engulfing; Bearish Harami; Bear Kicker; Dark Cloud Cover; Evening Doji Star; Evening Star; Shooting Star; Three Black Crows; Three Inside Down; Three Outside Down; For Bullish: Bullish Abandoned Baby; Bullish Engulfing; Bullish Ha
This ALL IN ONE indicator detects Inside Bar Narrow Range 4 and Inside Bar Narrow Range 7 two powerful patterns on 17 CFD on all timeframes.  "Inside Bar Narrow Range 4"  is an inside bar with the narrowest range out of the last 4 bars so "Inside Bar Narrow Range 7" an inside bar with the narrowest range  out of the last 7 bars. Hence, IBNR4 and better IBNR7 are an objective criterion for identifying  decreased range and volatility. Once we find an IBNR4 or an IBNR7 pattern, we aim to trade the
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