Relative volatility highlights large changes in price. This was designed to be used with my relative volume indicator so that traders can see the effect of volume on price action. It is also a good tool to analyse breakout patterns to identify best entry points and waves.
Above shows relative volatility and relative volume working together.
Notas de Lançamento
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- Added "Volatility Above Average" alert. This triggers when relative volatility crosses over its average.
What do the small highlighted bars near the bottom show and how to best intrepid them? Also thank you very much for taking the time to create these gems for the community...You are a true artist
veryfid
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@COINOXIC, Hi, these columns show the difference between LSMA and ZLSMA. When price action moves fast these lines seperate so it makes a good indication of volatility.
shaamaj
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hello sir,
which time frame shall I use this one statergy