This is not ATR. It is more sophisticated....
I wanted to find out the average volatility (in pips) for certain times of day. People claim certain times are more volatile than others (session openings, etc)
The EA lets you backtest any pair, and find the average volatility FOR CERTAIN SEGMENTS OF EACH DAY.
So if I want to know what the average volatility is for the EUR/USD between 4AM and 8AM, I can plug 4 and 8 as "start" and "end" values, and the EA will calculate it for me.
You need to set visual mode to true, and backtest with H1 timeframe.
Could be a useful tool in developing EAs. Cheers.
PS) Decimals is set to 4 for EUR/USD. Change it to 2 for GBP/JPY, USD/JPY, etc...
I wanted to find out the average volatility (in pips) for certain times of day. People claim certain times are more volatile than others (session openings, etc)
The EA lets you backtest any pair, and find the average volatility FOR CERTAIN SEGMENTS OF EACH DAY.
So if I want to know what the average volatility is for the EUR/USD between 4AM and 8AM, I can plug 4 and 8 as "start" and "end" values, and the EA will calculate it for me.
You need to set visual mode to true, and backtest with H1 timeframe.
Could be a useful tool in developing EAs. Cheers.
PS) Decimals is set to 4 for EUR/USD. Change it to 2 for GBP/JPY, USD/JPY, etc...
Attached File(s)
VolatilityMeasurer.mq4
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652 downloads