Non-Directional ( Volatility Based) Binary Options Highlighter
default set for 5-minute EUR/USD
change inputs for other time frames, or to use JPY pairs
dark blue = lowest volatility
pale blue = low volatility , increasing, use caution
dark red = highest volatility
pale red = high volatility , decreasing, use caution
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Very nice script! I never really thought of using volatility as an indication or even how to put it in a script. You have done a great job here. I find the lowest volatility works real good with Nadex 5M binaries. Thanks for sharing.
@ICEKI, yes sir/ma’am. However, the inputs need to be adjusted to account for the difference in pips per ATR value. So if using 1 hour, that is 12 five-min periods, then 0.0002x12= 0.0024 for example. Adjust to your tastes and risk preference.