Trading-Forex

Volatility Screener

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Trend Screener Ultimate EA

1. The volatility Screener

The intention of this screener is to provide analysis for the volatility of the pair and find the most volatile pairs for trading. 


The volatility Screener is a tool to find the most volatile pairs ( Trending pairs  ) to auto-trade them. The algorithm gives value from 0 up to 30 to classify the volatility of the pair.

The Screener has 4 colors : 

1. Dark Green: Strong volatility.

2. Light Green: Medium volatility.

3. White: Neutral volatility.

4. Red: Week volatility.

Example  1 :

We can see from this example that GBP pairs are extremely volatile pairs. The volatility is very high from 30-Mars to April 16. 

Based on this analysis, the GBP pairs are the most recommended pairs for trading, and the probability that the take-profit will be reached is too high. 

Example 2 :

We can see in this example that AUDNZD pairs have during the last month low volatility in the many days and the volatility score is low. It’s recommended to remove this pair from the trading list because the probability that the take profit will be reached extremely low.

2. The ADR Screener

The intention of this screener is to provide an  overview of the daily, weekly and monthly range of configured assets. In “single asset mode” the dashboard shows you possible reversal points directly in the chart, thus making statistics directly tradable. 

The ratios of ADR Screener :

Section 1

1. D-BI/BR : This ratio  display the direction of the daily bar. 

Bull : It mean bullish daily candle.

Bear : It mean bearish daily candle.

2. D-ADR-Percent :  Current daily range in percent of reference ADR.


3. D-ADR-R :  Current daily range in pips.


4. D-R-UP :   Room up in pips daily candle.


5. D-R-DOWN : Room down in pips daily candle.


Section 2 


1. W-BI/BR : This ratio  display the direction of the weekly bar. 

Bull : It mean bullish weekly candle.

Bear : It mean bearish weekly  candle.

2. W-ADR-Percent :  Current weekly range in percent of reference ADR.

3. W-ADR-R :  Current weekly  range in pips.

4. W-R-UP :   Room up in pips weekly candle.


5. W-R-DOWN : Room down in pips weekly  candle.

Section 3

1. MN-BI/BR : This ratio  display the direction of the monthly candle. 

Bull : It mean bullish monthly candle.

Bear : It mean bearish  monthly candle.

2.  MN -ADR-Percent :  Current monthly range in percent of reference ADR.

3.  MN -ADR-R :  Current  monthly  range in pips.

4.  MN -R-UP :   Room up in pips  monthly  candle.


5.  MN -R-DOWN : Room down in pips  monthly  candle.


Section  4

Prev. Day : This ratio display the previous day range. 


ADR(10) : This is the reference daily ADR.


AWR(10) : This is the reference weekly ADR.


AMR(10  :  This is the reference weekly ADR.


3. The Consolidation Screener

The intention of this screener is identifying consolidating pairs involves looking for those that have steady support and resistance levels, trade in a narrow range, and have low trading volumes.

The ratio of the consolidation Screener : 


1. Cons_H4 : This ratio indicate if the pair is making new High or new Low in H4 timeframe.

H_H : The price is making a new High ( UP Trend  ) in H4 timeframe.

L_L  : The price is making a new Low ( Down Trend ) in H4 timeframe.


2. Cons_D1 : This ratio indicate if the pair is making new High or new Low in Daily timeframe.

H_H : The price is making a new High ( UP Trend  ) in D1 timeframe.

L_L  : The price is making a new Low ( Down Trend ) in D1 timeframe.

3. Cons_W : This ratio indicate if the pair is making new High or new Low in Weekly timeframe.

H_H : The price is making a new High ( UP Trend  ) in Weekly timeframe.

L_L  : The price is making a new Low ( Down Trend ) in Weekly timeframe.


4. Cons_MN : This ratio indicate if the pair is making new High or new Low in Monthly timeframe.

H_H : The price is making a new High ( UP Trend  ) in Monthly timeframe.

L_L  : The price is making a new Low ( Down Trend ) in  Monthly timeframe.

5. BROKER_H_L_H4 : This ratio indicate if the pair is broken the High  ( or the Low )  of the previous  closed H4 candle.

Broken_H : The High of the last closed H4 candle is broken.

Broken_L : The Low of the last closed H4 candle is broken.


6. BROKER_H_L_D : This ratio indicate if the pair is broken the High  ( or the Low )  of the previous closed Daily candle.

Broken_H : The High of the last closed Daily  candle is broken.

Broken_L : The Low of the last closed Daily candle is broken.


7. BROKER_H_L_W : This ratio indicate if the pair is broken the High  ( or the Low )  of the previous closed weekly candle.

Broken_H : The High of the last closed Daily  weekly  is broken.

Broken_L : The Low of the last closed Daily  weekly  is broken.


8. BROKER_H_L_MN : This ratio indicate if the pair is broken the High  ( or the Low )  of the previous closed monthly candle.

Broken_H : The High of the last closed Daily  monthly  is broken.

Broken_L : The Low of the last closed Daily  monthly  is broken.


9. H_L (24) : This ratio indicate if the pair is making a new High or new Low based on the last 24 hours. 



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