Is there any tool or software that can detect volatile movement and place orders accordingly?
Don't know on how to place orders but whenever you see
@Zerodha platforms getting stuck or their OMS failing or whenever you see everybody start trolling on this thread -
Zerodha Part 3; That's your indicator for Nifty volatility which is far better than VIX. LOL!
Okay jokes apart.....
Practically speaking no one can detect "volatile movement" or matter of fact anything else in Stock market; I doubt you wanted to use "predict" but used a better word "detect" instead.
However, with the help of mathematics, you can always "anticipate" which leads to "probable outcomes" and on the basis of your anticipation you could always take a stance. If right then enjoy else if wrong try again; Ensure to lose less than your profit figure, that's your Risk-to-Reward.
Now, if you are serious about "anticipating" or in other words "forecasting" any Index or Stock volatility, I can only suggest you to read Ser-Huang Poon's
A Practical Guide to Forecasting Financial Market Volatility thoroughly
.
All the Best!