Uses VDAX (dax volatility index) to calculate the expected daily range of the Dax.
formula: daytrading.about.com
Input the dax previous days close
and
This value: www.investing.com
and
The indicator will do the rest
This script uses three lengths of Williams %R, calculates a bunch of averages and distances, highs and lows to determine pivots points. Lengths are currently optimised for 30m GER30.
