VisualVol

The indicator highlights the points that a professional trader sees in ordinary indicators. VisualVol visually displays different volatility indicators on a single scale and a common align. Highlights the excess of volume indicators in color. At the same time, Tick and Real Volume, Actual range, ATR, candle size and return (open-close difference) can be displayed. Thanks to VisualVol, you will see the market periods and the right time for different trading operations.

The indicator displays:

• The tick volume is in the form of a colored histogram with "thick" lines. 
• the real volume in the form of a simple histogram
• the distance |open-close| and the size of the high-low candle in the form of lines
• valid range and ATR (average valid range), also in the form of lines

all the indicators are shown in a single overall scale and you can see their relationship.

The levels are marked on the indicator:

• 1.0 is the average level. Indicators below 1.0 are readings below the average value. The histogram of the tick volume less than 1.0 shows gray bars, green bars above it
• 1.414 - sqrt(2). Normal market activity. 
• 2.0 is a critical level. An indicator above 2.0 indicates a sharp movement and very high volatility. The histogram of the tick volume will be orange in this case

Parameters

ATR_PERIOD - the period of the displayed ATR

Other parameters allow you to turn on/off individual components.

By default : 

Recommendations for use

Try to make trend entries with the green color of the tick histogram, counter-trend entries with orange.

Use night scalping techniques at values below 1.0 (with a gray volume histogram).

Use the ATR line as a signal: the excess of volumes over the ATR indicates the beginning of an active phase of the market. A decrease below it, about completion (price back)