hammadshahir

Volatility based Standarde Deviation and Fib. Pivot Points

This indicator plots Standard deviation levels and Fib. Pivot Points . I prefer to use only SD levels but Fib. levels also come handy in providing support and resistance .

How to use this indicator:

You have to manually enter instrument's Closing Price / Settlement Price and VIX closing price to draw each day's levels.

For NQ, I use VXN closign price and for ES or RTY, I use VIX closing price.

This indicator can be used on individual stocks and forex pairs.
Release Notes: Fixed Fib calculaion.
Release Notes: Updated standard deviation lines up to 4 levels since volatility is back acrosss the equity and futures market.
Release Notes: Fixed small bug
Release Notes: Small enhancements
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How do I use it?
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Fire!
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