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This indicator calculates and draws bank levels from a minimum of three days to a maximum of ten days. It is very useful to trade the breakout or the pullback and when the price levels break the highest or lowest level, indicating an imminent explosion of volatility. Best use with Pips Average Range indicator. Parameters settings numbers_of_day - from 3 to 10 (better use on 10 days). levels_High_color - set color for High levels. levels_Low_color - set color for Low levels
This indicator compares the pips of the current day with the average of pips made in the previous three days. The "Percentage today range" 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. Best use with Banks Day Levels indicator. Parameters settings corner (indicator display