That's funny. Ehrenmat actually created that for me from this very idea. It used to work in the old TD indicators period. I tried using it again and it doesn't seem to work. I edited a version that doesn't have the Tdesk code with buffers to signify "risk on/off" but cant seem to figure out a way to incorporate that into UBD/USD.thomas1386 » Wed Apr 22, 2020 6:07 pm wrote:Hello EJ,
I was searching for the same thing. Have a look at Ehrenmat's post in "TDesk User Indicators Playground". It is page 24, post number 4. Please let me know if you get it working with the "ATR Volatility Indicator". My thought was to stop trading when volatility gets to high - or only trade when it is high - we should test which way is better.
Greets, Thomas
What situation would you want to trade outside of volatile times? I'm actually interested in the opposite. I figured it would be easier to make your pips in volatile times and avoid false signals in flatter phases where its all choppy or with small candles. I'm trying to filter out signals due to low volume or low activity.
PM me if you have other thoughts/uses and want to work on something.
Thanks,
EJ