The Volatility Switch Indicator

A robust oscillator, introduced by Ron McEwan. This tool helps traders to determine which techniques to use at certain period of trade (either trend-following or mean reversion). The tool delivers a volatility mode switching pattern according to normalization of the standard deviation of returns. The line is colored based on position to threshold line 0.5. It could be used on both low and high timeframes. A great portion of help to any trading system.