Quiet Market

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Quiet Market
A calm market indicator for scalping lovers! The inputs are calculated at very low market volatility from overbought and oversold levels. In the indicators settings, you can choose the period for operation, the time for calculating signals, as well as sensitivity to market activity and overbought/oversold levels. The level of market activity is displayed as a histogram with values 0-40, where 40 is a very calm market and 0 is very active. The squares and arrows indicate the input signals. The recommended pair is GBPUSD, period H1. Take profit is no more than 6 points (for 4 decimal places), or 60 points for 5 characters. Do not take into account the signals during the news release, as the risks increase significantly.



Indicator Settings
Timeframe - a timeframe for monitoring the market;
Filter Signals-filter signals in a calm market (shows no more than 1 arrow at each lull);
Sensitivity from 1 to 3 - the sensitivity of the indicator. 1-take into account all overbought and oversold levels, 2 - only medium and strong levels, 3 - only strong levels;
Start Hour (Signals) - the hour when the signals are detected;
End Hour (Signals) - stop hour;
Show arrows - display / do not display arrows on the chart;
Signal Alert - notify when a signal appears.

Demo version: https://disk.yandex.ru/d/YGWWJ17j6_s2FQ