This indicator is based on the Volatility Quality Index ( VQI ) by Thomas Stridsman. It shows the slope of the VQI in form of a histogram. The VQI is calculated in the following Steps: 1. Applying a WeightedMovingAverage with the onto the low, open, high, close and prior close 2. Calculating the true range and the range from the results of step 1 and setting...
Usage: 1. Set the put and call strike inputs to values of your choosing. 2. Select "days to expiration". 3. Set the put and call standard deviations using the output table. The indicator is meant help price a strangle using historical data and a volatility model. By default, the model is an ewma-method historical volatility. After selecting strikes and standard...
™TradeChartist Volatizer (Volatility Visualizer) is an exceptionally well designed script that helps visualize Price Volatility and Momentum with the help of various Visual components including Volatizer Bands and Mean line, Support/Resistance levels, Trade Signals and much more. Volatizer's ability to filter trades based on Volatizer Bands, initial...
Dear friends! I'm happy to present an implementation of the Fast Fourier Transform (FFT) algorithm. The script uses the FFT procedure to decompose the input time series into its cyclical constituents, in other words, its frequency components , and convert it back to the time domain with modified frequency content, that is, to filter it. Input Description and...
This script simply displays the next market open time with a vertical line. Market open may be subject to special treatment as a trader (higher volatility, different move aspects, etc) To make it possible to adjust to your trading style, this script allows you to configure: Session open hours in UTC Vertical line colors Enable or disable lines The line style
This is a mod of a script by informanerd that has helped me immensely with my trading setup. HUGE HUGE HUGE credit to him! Check him out! He gave me permission to publish this and so here I am, sharing it with you. I hope you all like it! This version is functionally essentially the same - the difference is in visualization choices and automation. Instead of...
This script automatically highlights the Igor Session time zones based on the Chart Champions TPO time and volatility theory.
Our new indicator tracks trends to create buy and sell alerts, see below how it works. HOW IT WORKS: It uses RMA which is the same moving average used by RSI and HMA, they intersect give us an entry signal, be it a buy or sell, as the entry signal the script will color the bars according to the signal. When a GREEN candle appears, it indicates a large...
The Average Daily Range is a simple concept, calculated as the difference between daily highs and lows averaged over some period. This indicator uses that range in conjunction with Fibonacci ratios to create zones centered on the day's open that tends to act as areas of support and resistance. The thicker White lines are the ADR levels; all other lines are the...
Why this indicator? There are full time traders who watch their screens during live market and make good amount of money by actively managing their positions. There are full time employees also who want to trade but can not do so because they can not monitor their active positions while they are at job. This indicator helps you execute your trades through...
This is an indicator that expands the usability of ATR into a strong and valuable volatility indicator. With the Relative ATR you can quickly see when the current market volatility its extremely low, normal or extremely high in relation to the past. This provides traders with a much more valuable insight as to the current market conditions than normal volatility...
This is a simple indicator that expands the usability of Standard deviation into a universally usable indicator. This indicator displays the volatility as standard deviation as a % of asset value, this allows using more standardized and comparable values across multiple instruments and asset classes.
OVERVIEW The Surmount Trend Analysis is a dual direction indicator that tracks multiple short-medium term MA data to visualize trend strength and generate potential entry/exit & take profit/stop loss points FEATURES -Buy/Sell signals -Stop Loss targets -Take Profit targets -Trend Ribbon -Trend Analysis -Trend Dashboard HOW TO USE Utilizing the...
Delta Ladder Candles Spaceman This is a tool thats very useful for traders primarily a goal to provide all types of traders some confluence to price action trading. Using calculation of time and volume, the candles are created for the higher timeframe adjusted for buying and selling delta volume. This tool is useful for determining an increase in buy or sell...
This script looks for a period with increased volatility, as measured by ATR (Average True Range), then it looks for a high or a low in that area. When price is above EMA (200 is default, can be changed), it looks for the highs and adds multiples of ATR to the high. Default values for multipliers are 3,9 and 27, meaning that the script will show 3xATR level above...
The Chartless Trader The chartless trader is a trade management system designed to remove the randomness from the market. It is loosely based on the martingales betting system, but takes advantage of position sizing, minimum profit targets, dollar cost averaging, and trailing take profit. The chart can be traded with or without a signal. There is a built in...
Beta V0.1.0 This Keltner Channel Worm gives 6 different KCs at max, and allows you to set a multiplier for the offset and worm settings (exponential). The idea behind this script is that the overall brightness of the Keltner Channel will indicate the strength of the forecast. If the candles are shrouded by darkness, a correction is due. Enjoy and let me know...