The script allows to assess the volatility of an asset. It works by calculating the rate of change and the standard deviation. The index is useful to determine the lowest volatility periods (could be useful to look strategies) and also it determine the highest volatility periods (maybe for exits or partial closes). It has 3 iputs: Lenght. Low volatility...
Hi, this strategy is taken from a video made by Steven Primo. You can look it up on YouTube if you want to know about it. It is a mean-reversion strategy based on the Bollinger Bands, in which we wait for 5 consecutive closes above the upper band, and for a short-term top. Once it happens, we place an entry order on this top, with a stop at the nearest bottom...
█ Standard Deviation Refurbished This is an indicator that serves to show the standard deviation in a more improved and less trivial form. Basically, I put the option to normalize the indicator in a range of 0 to 100. I also put 10 moving averages of standard deviation. In the graphic part was placed the choice of themes. Gratitude to the author 'The_Caretaker'...
Volatility Breakout Strategy for TradingHook. This strategy is not for backtesting but for forward-testing starting when added to chart. It can make and send a formatted message string for buy and sell order using alert.
I bring to your attention a dynamic indicator Adaptive Envelope . The main qualitative characteristic of the technical indicator is adaptability. This means that it does not need to be adjusted for each tool. The adaptive envelope itself dynamically adjusts to the volatility of each individual instrument, or even timeframe. And thanks to a wide range of...
This script can be used to detect large candles, similiar to ATR, using the variance of a sliding windows and certain threshold.
I'm a big fan of The_Caretaker's BBWP and wanted to add it as a volatility indicator to some of my scripts, but since it is over 100 lines of code (plus spacing and comments) I wanted to find if there was a simpler way to get comparable results. SBBWP uses Pine 5 built in functions that I don't believe were available when The_Caretaker wrote BBPW. The main...
This indicator is using ATR ( Average True Range ) to set the Target point and Stop loss. Use the pink number as target, always. If you are in Long position, use the green number as stop loss, so the red number is not useful in Buys. If you are in Short position, use the Red number as stop loss, so the green number is not useful in Sells. ** Need to enter the...
Purpose - MACD is an awesome indicator. However, I felt I could improve the existing MACD indicator by also letting it visualize the rate of change (ROC) of the histogram (whether rate of change is increasing or decreasing - just like a derivative). By doing so, the indicator will better show the rate of change of the trend. How It's Done - To the...
Hello everyone, We are proud to present you our "Straight Trend" Strategy. Strategy is use a specified timeline's opening price as reference and draw a line between the current price and trend line. Trend line is smoothed with last X times of highest and lowest values ( Donchian Methodology) in order to create less noise and fake alerts , therefore creates a...
Markets don’t always trade in a clear direction. At a closer look, most of the time, they move sideways. Relying on trend-following strategies all the time can thus lead to repeated false signals in such conditions. However, before you can safely trade sideways, you have to identify the most suitable market conditions. The main features of such strategies...
view on 1m chart, vol is calculated from previous 1440 1m closes
OVERVIEW The Average True Range Moving Average (ATRMA) is a technical indicator that gauges the amount of volatility currently present in the market, relative to the historical average volatility that was present before. It adds a moving average to the Average True Range (ATR) indicator. This indicator is extremely similar to the VOXI indicator, but instead of...
Bollinger Bands of different lengths are displayed with a line chart in front of the candle. A Bollinger band with a length of 20 and a Bollinger band with a length of 120 can be easily identified by the circle and color displayed whenever the line passes. In the input menu, you can edit the length and deviation of the Bollinger band, the number of candles to be...
Volatility is the most common measure of risk. Volatility in this sense can either be historical volatility (one observed from past data), or it could implied volatility (observed from market prices of financial instruments.) The main objective of EWMA is to estimate the next-day (or period) volatility of a time series and closely track the volatility as it...
This is scalper strategy designed around parabolic sar indicator, where as an input candle value it uses the heikinashi from a higher timeframe. This example has been adapted to SPY/SPX chart In this case ,we are using a 5 min chart, but the calculations are made on a 15 min heikin ashi chart for the PSAR and then on 5 min chart we plot the results. At the same...
The NDO is a volume-based indicator that indicates how many standard deviations the volume is away from the mean volume. In other words, this script is useful for detecting when the volume is abnormally large, spotting pumps and dumps, and movement of whales. Green indicates that the volume is more than 3 standard devs away from the mean, yellow means its more...
Simple Supertrend strategy with Take Profit levels. Note: Make sure TP amounts add up to 100. Opens a position with Supertrends strategy then adds Take Profit points with certain amounts of current position.