This is a very interesting indicator that shows historical volatility for the current time fo day, averaged over a selected number of previous days. It tracks surprisingly well with ADX, except that it actually leads ADX in many cases. The screenshot shows how the two compare.
This could be very useful in strategies because you could actually look forward and see the expected volatility ahead of time.
A nice future addition to this indicator would be an option to shift it forward a few bars, so you could be aware of the predicted volatility before it gets there.
I found the indicator here: https://ninjatrader.com/support/forum/showthread.php?t=5385
COMPATIBILITY:
NinjaTrader 6.5: YES
NinjaTrader 7.0: YES (sam028)
Category NinjaTrader 6.5 Indicators NinjaTrader 7 Indicators
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