This indicator is used for detecting Volatility
To be applied only on 15 mins chart
As soon as you spot a circle (Inc. in Volatility ) then high movement is
expected in further 5-6 candles
Movement can be up or down
Its can be best used for scalping…
Run a chart on 15 mins, detect a candle with an indication of high movement ahead
shift to smaller timeframe like 3 mins
apply lower setting supertrend like 11,2
and take benefit of the move
To be applied only on 15 mins chart
As soon as you spot a circle (Inc. in Volatility ) then high movement is
expected in further 5-6 candles
Movement can be up or down
Its can be best used for scalping…
Run a chart on 15 mins, detect a candle with an indication of high movement ahead
shift to smaller timeframe like 3 mins
apply lower setting supertrend like 11,2
and take benefit of the move