Hey fellow traders,
Just wanted to drop in and share something brand new I’ve added to the NinjaTrader Ecosystem - a free Volatility Indicator designed to give you real-time context around your trades, not just signals.
What it is (and isn’t):
This isn’t a signal generator - it’s a context filter. It’s built to help you interpret what’s happening inside the candle so you can sharpen your decision-making before pulling the trigger.
What it does:
Identifies excess volatility vs. consolidation using dynamic, user-defined thresholds
Detects hypersensitive volatility spikes when needed
Doubles as a consolidation detector (great for prepping breakouts)
Plots clear upper/lower volatility zones (above/below “normal” = 1.0 baseline)
Includes optional mid-zone reference lines for creating your own custom channels
Great for 1-min or 10-min charts - you decide where it fits in your workflow
Whether you’re building your system, optimizing entries, or just want a cleaner way to frame the market’s tone - this tool might just be that missing piece in your chart setup.
Download it free on the NinjaTrader Ecosystem:
https://ninjatraderecosystem.com/search-results/?fwp_vendors=the-algo-trader
Happy to answer any questions or share use cases.