EES Volatility Speed Indicator measures the volatility in the forex market. It calculates the high-low range for each bar, and shows the average smoothed over the previous 3 bars.
Trading signals are generated by the crossover of a Simple Moving Average with the V Speed line:
- SMA crosses above V Speed Line: decreasing volatility;
- SMA crosses below V Speed Line: increasing volatility.
- File: EES V Speed v1.1.mq4
- Size: 5 Kb