Volatility Locator

The indicator tracks sharp volatility (moments when the market has shown increased activity and movement may occur), on the selected instruments and time periods.
The information is displayed as colored rectangles. Thus, it is possible to assess at a glance which tool should be given priority attention.
The indicator will be useful for scalpers when they need a quick reaction or for traders working with a large number of instruments.

The indicator does not redraw.

The indicator displays 8 degrees of volatility.
The stronger the volatility, the brighter the signal rectangle in the table.

The table can be dragged with the mouse.
The size of the table depends on the font size selected in the settings.
When you hover the mouse cursor over a rectangle, the tooltip displays the degree of volatility, as well as the tool and the time period that this rectangle corresponds to.
When you click on the selected rectangle of the table, the tool and/or time period changes or a new chart window opens.
If Current_Chart is selected in the New_Chart_or_Current_Chart setting, then the time period and the tool will be changed to those that correspond to the selected rectangle.
If New_Chart is selected in the New_Chart_or_Current_Chart setting, a new window with a graph will be opened, the time period and tool of which correspond to the selected rectangle.
In the Template_name_for_New_Chart setting, you can specify a chart template with which a new window will be opened.