Destiny Volatility Indicator

Platform: MT4 Type: Volatility

Users rating:

Last update: October 18, 2024

The Destiny Volatility Indicator for MT4 is responsible for informing users about volatility reaching a certain threshold. This is beneficial for traders focusing on short-term strategies (like scalping…), where quick and sudden price movements are very important and taking advantage of them should occur as soon as possible.

For the record, this tool doesn’t provide buy/sell signals on its own, but it’s a great supplement and help in trade decision-making process. By default, the alert is set at 5 ticks. The current tick level can be seen in the top left part of the screen.

Example chart:

destiny volatility example chart