VolBands
This indicator defines a short-term and a long-term trend level as well as a short-term range. These price levels can be used for risk managing your position, increasing or decreasing size depending on position in the range and distance from the long-term trend level, as well as stopping out or reversing position when the long-term trend level is crossed.
Levels are based on the Trend Magic indicator and the range is proportional to the Yang-Zhang realized volatility .
Levels are based on the Trend Magic indicator and the range is proportional to the Yang-Zhang realized volatility .
Информация о релизе:
Use only closing price above or below level to determine trade/trend direction color
Информация о релизе:
An option was added to show daily ranges and levels on all timeframes. The default keeps the original behavior.