OPEN-SOURCE SCRIPT
تم تحديثه (MVD) Meta-Volatility Divergence (DAFE)
Meta-Volatility Divergence (MVD)
Reveal the Hidden Tension in Volatility.
The Meta-Volatility Divergence (MVD) indicator is a next-generation tool designed to expose the disagreement between multiple volatility measures—helping you spot when the market’s “volatility engines” are out of sync, and a regime shift or volatility event may be brewing.
What Makes MVD Unique?
Multi-Source Volatility Analysis:
Unlike traditional volatility indicators that rely on a single measure, MVD fuses four distinct volatility signals:
ATR (Average True Range): Captures the average range of price movement.
Stdev (Standard Deviation): Measures the dispersion of closing prices.
Range: The average difference between high and low.
VoVix: A proprietary “volatility of volatility” metric, quantifying the difference between fast and slow ATR, normalized by ATR’s own volatility.
Divergence Engine:
The core MVD line (yellow) represents the mean absolute deviation (MAD) of these volatility measures from their average. When the line is flat, all volatility measures are in agreement. When the line rises, it means the market’s volatility signals are diverging—often a precursor to regime shifts, volatility expansions, or hidden stress.
Dynamic Z-Score Normalization:
The MVD line is normalized as a Z-score, so you can easily spot when current divergence is rare or extreme compared to recent history.
Visual Clarity:
Yellow center line: Tracks the real-time divergence of volatility measures.
Green dashed thresholds: Mark the ±2.00 Z-score levels, highlighting when divergence is unusually high and action may be warranted.
Dashboard: Toggleable panel shows all key metrics (ATR, Stdev, VoVix, MVD Z) and your custom branding.
Compact Info Label: For mobile or minimalist users, a single-line summary keeps you informed without clutter.
What Makes The MVD line move?
- The MVD line rises when the included volatility measures (ATR, Stdev, Range, VoVix) are moving in different directions or at different magnitudes. For example, if ATR is rising but Stdev is falling, the line will move up, signaling disagreement.
- The line falls or flattens when all volatility measures are in sync, indicating a consensus in the market’s volatility regime.
- VoVix adds a unique dimension, making the indicator especially sensitive to sudden changes in volatility structure that most tools miss.
Inputs & Settings
ATR Length: Sets the lookback for ATR calculation. Shorter = more sensitive, longer = smoother.
Stdev Length: Sets the lookback for standard deviation. Adjust for your asset’s volatility.
Range Length: Sets the lookback for the average high-low range.
MVD Lookback: Controls the window for Z-score normalization. Higher values = more historical context, lower = more responsive.
Show Dashboard: Toggle the full dashboard panel on/off.
Show Compact Info Label: Toggle the mobile-friendly info line on/off.
Tip:
Adjust these settings to match your asset’s volatility and your trading timeframe. There is no “one size fits all”—tuning is key to extracting the most value from MVD.
How to make MVD work for you:
Threshold Crosses: When the MVD line crosses above or below the green dashed thresholds (±2.00), it signals that volatility measures are diverging more than usual. This is a heads-up that a volatility event, regime shift, or hidden market stress may be developing.
Not a Buy/Sell Signal: A threshold cross is not a direct buy or sell signal. It is an indication that the market’s volatility structure is changing. Use it as a filter, confirmation, or alert in combination with your own strategy and risk management.
Dashboard & Info Line: Use the dashboard for a full view of all metrics, or the info label for a quick glance—especially useful on mobile.
Chart: MNQ! on 5min frames
ATR: 14
StDev L: 11
Range L: 13
MDV LB: 13
Important Note
MVD is a market structure and volatility regime tool.
It is designed to alert you to potential changes in market conditions, not to provide direct trade entries or exits. Always combine with your own analysis and risk management.
Meta-Volatility Divergence:
See the market’s hidden tension. Anticipate the next wave.
For educational purposes only. Not financial advice. Always use proper risk management.
Use with discipline. Trade your edge.
— Dskyz, for DAFE Trading Systems
Reveal the Hidden Tension in Volatility.
The Meta-Volatility Divergence (MVD) indicator is a next-generation tool designed to expose the disagreement between multiple volatility measures—helping you spot when the market’s “volatility engines” are out of sync, and a regime shift or volatility event may be brewing.
What Makes MVD Unique?
Multi-Source Volatility Analysis:
Unlike traditional volatility indicators that rely on a single measure, MVD fuses four distinct volatility signals:
ATR (Average True Range): Captures the average range of price movement.
Stdev (Standard Deviation): Measures the dispersion of closing prices.
Range: The average difference between high and low.
VoVix: A proprietary “volatility of volatility” metric, quantifying the difference between fast and slow ATR, normalized by ATR’s own volatility.
Divergence Engine:
The core MVD line (yellow) represents the mean absolute deviation (MAD) of these volatility measures from their average. When the line is flat, all volatility measures are in agreement. When the line rises, it means the market’s volatility signals are diverging—often a precursor to regime shifts, volatility expansions, or hidden stress.
Dynamic Z-Score Normalization:
The MVD line is normalized as a Z-score, so you can easily spot when current divergence is rare or extreme compared to recent history.
Visual Clarity:
Yellow center line: Tracks the real-time divergence of volatility measures.
Green dashed thresholds: Mark the ±2.00 Z-score levels, highlighting when divergence is unusually high and action may be warranted.
Dashboard: Toggleable panel shows all key metrics (ATR, Stdev, VoVix, MVD Z) and your custom branding.
Compact Info Label: For mobile or minimalist users, a single-line summary keeps you informed without clutter.
What Makes The MVD line move?
- The MVD line rises when the included volatility measures (ATR, Stdev, Range, VoVix) are moving in different directions or at different magnitudes. For example, if ATR is rising but Stdev is falling, the line will move up, signaling disagreement.
- The line falls or flattens when all volatility measures are in sync, indicating a consensus in the market’s volatility regime.
- VoVix adds a unique dimension, making the indicator especially sensitive to sudden changes in volatility structure that most tools miss.
Inputs & Settings
ATR Length: Sets the lookback for ATR calculation. Shorter = more sensitive, longer = smoother.
Stdev Length: Sets the lookback for standard deviation. Adjust for your asset’s volatility.
Range Length: Sets the lookback for the average high-low range.
MVD Lookback: Controls the window for Z-score normalization. Higher values = more historical context, lower = more responsive.
Show Dashboard: Toggle the full dashboard panel on/off.
Show Compact Info Label: Toggle the mobile-friendly info line on/off.
Tip:
Adjust these settings to match your asset’s volatility and your trading timeframe. There is no “one size fits all”—tuning is key to extracting the most value from MVD.
How to make MVD work for you:
Threshold Crosses: When the MVD line crosses above or below the green dashed thresholds (±2.00), it signals that volatility measures are diverging more than usual. This is a heads-up that a volatility event, regime shift, or hidden market stress may be developing.
Not a Buy/Sell Signal: A threshold cross is not a direct buy or sell signal. It is an indication that the market’s volatility structure is changing. Use it as a filter, confirmation, or alert in combination with your own strategy and risk management.
Dashboard & Info Line: Use the dashboard for a full view of all metrics, or the info label for a quick glance—especially useful on mobile.
Chart: MNQ! on 5min frames
ATR: 14
StDev L: 11
Range L: 13
MDV LB: 13
Important Note
MVD is a market structure and volatility regime tool.
It is designed to alert you to potential changes in market conditions, not to provide direct trade entries or exits. Always combine with your own analysis and risk management.
Meta-Volatility Divergence:
See the market’s hidden tension. Anticipate the next wave.
For educational purposes only. Not financial advice. Always use proper risk management.
Use with discipline. Trade your edge.
— Dskyz, for DAFE Trading Systems
ملاحظات الأخبار
Meta-Volatility Divergence (MVD)What makes this script original?
MVD is original because it fuses four distinct volatility measures (ATR, Stdev, Range, and VoVix) and quantifies their disagreement using mean absolute deviation (MAD). This approach reveals hidden volatility regime shifts and market stress that single-source volatility tools cannot detect. The inclusion of VoVix (volatility-of-volatility) adds a unique dimension, making MVD especially sensitive to structural changes in volatility.
How does it work?
Multi-Source Volatility Analysis: Combines ATR, Stdev, Range, and VoVix to capture a complete picture of market volatility.
Divergence Engine: The main MVD line shows the Z-score of the mean absolute deviation among these measures. When the line is flat, all volatility measures agree; when it rises, they are diverging.
Dynamic Z-Score Normalization: The line turns green when divergence is extreme (above +2.00 or below -2.00). Dashed green lines at ±2.00 highlight rare, high-divergence events.
Dashboard & Info Label: The dashboard shows current values for ATR, Stdev, VoVix, and the MVD Z-score. The info label provides a quick summary for mobile users.
How to use:
Apply to any asset and timeframe.
- Watch for the MVD line crossing above or below the green dashed thresholds (±2.00)—these indicate rare volatility divergence and potential regime shifts.
- Use the dashboard or info label to monitor all volatility measures and the current MVD Z-score.
- Combine with your own price action or strategy for confirmation.
Inputs:
ATR Length: Lookback for ATR calculation.
Stdev Length: Lookback for standard deviation.
Range Length: Lookback for average high-low range.
MVD Lookback: Window for Z-score normalization.
Show Dashboard: Toggle the dashboard panel on/off.
Show Compact Info Label: Toggle the info label for mobile/minimalist use.
Chart Info:
Script name: “Meta-Volatility Divergence (MVD)”
Recommended for use on any asset or timeframe.
Note:
MVD color changes and dashboard readings indicate volatility divergence, not direct buy or sell signals. Use as informational alerts or filters within your own strategy.
Disclaimer:
This script is for research and informational purposes only, not financial advice. Trading is risky—backtest, paper trade, and know your risk before going live. Past performance is not a guarantee of future results.
Release Notes:
- Dashboard and info label now show current values for ATR, Stdev, VoVix, and MVD Z-score for quick reference.
- Color-coded line and threshold levels make regime shifts easy to spot.
ملاحظات الأخبار
An update has been released for the Meta-Volatility Divergence (MVD) indicator, transforming it from a statistical divergence calculator into a sophisticated and highly visual volatility agreement engine. While the original's core philosophy of comparing multiple volatility measures remains, this update re-engineers the core math for greater accuracy and introduces a completely new architectural and visual framework called the "Divergence Radar."Refined Core Logic & Advanced Analytics:
Normalized Z-Score Base: The original version calculated divergence based on the raw values of the volatility measures. The new version first converts each of the four measures (ATR, StDev, Range, and VoVix) into a normalized z-score. The divergence is then calculated based on the disagreement between these standardized scores, providing a much more accurate and statistically sound "apples-to-apples" comparison.
Pattern Classifier: A brand-new analytical module has been added to classify the character of the volatility regime. It goes beyond simply measuring divergence to identify specific, named patterns like "Compression Loading," "Directional Move," "Vol Exhaustion," and "Full Expansion." This provides traders with actionable context about the nature of the current market state.
Pairwise Divergence & Dominance: The system now breaks down the composite divergence, identifying the specific pair of volatility measures that are most in disagreement (e.g., "ATR vs. VoVix") and which single measure is the most dominant driver of volatility at that moment.
The "Divergence Radar": Visual Architecture Enhanced:
The static plot of the original has been completely replaced with a dynamic, multi-layered visual system designed for intuitive interpretation:
Adaptive Agreement Bands: At the center of the radar is a set of multi-layered "Agreement Bands." These bands are not static; they dynamically "breathe"—contracting when all four volatility measures are in agreement and expanding dramatically when they are in conflict. This provides an immediate, visual sense of market consensus or confusion.
Four Volatility Threads: The four normalized volatility measures are plotted as individual lines that weave through the Agreement Bands. When the market is in consensus, these lines bundle together tightly within a narrow channel. When divergence occurs, they fan out, creating a clear visual representation of the disagreement.
Intensity Terrain: A new histogram-style component, the "Intensity Terrain," is rendered at the bottom of the indicator pane. It visualizes the composite MVD score as a "mountain range," allowing traders to easily see the magnitude and history of divergence spikes.
Professional-Grade Theming and UI:
Advanced Theming Engine: A new, sophisticated theming engine with a variety of distinct palettes (e.g., "Neon Tokyo," "Ocean Depths," "Arctic Aurora") has been implemented. This goes beyond simple color swaps to provide unique, professionally designed aesthetics for all visual components.
Comprehensive, Customizable Dashboard: The original, basic dashboard has been replaced with a detailed, multi-section interface. It is fully customizable (Full, Compact, Mini) and provides a complete breakdown of the entire MVD engine, including the status of all four measures, the current diagnosed pattern, the dominant volatility source, and the degree of market agreement.
Enhanced Signals and Alerts:
Pattern-Based Alerts: The alert system has been significantly upgraded. In addition to alerting on high divergence levels, it can now trigger unique alerts for specific, confirmed patterns like "Compression Loading" or "Vol Exhaustion," providing much more specific and actionable notifications.
Signal Cooldown: A cooldown period has been added to the signal logic to prevent noisy, clustered alerts and focus on the most significant regime shifts.
In summary, the Meta-Volatility Divergence indicator has been transformed from a single-value output into a rich, visual information system. It no longer just tells you if there is divergence; it now shows you the character, pattern, source, and magnitude of that divergence in an intuitive "radar" format, providing a far deeper and more actionable understanding of the market's volatility structure.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي مفتوح المصدر
بروح TradingView الحقيقية، قام مبتكر هذا النص البرمجي بجعله مفتوح المصدر، بحيث يمكن للمتداولين مراجعة وظائفه والتحقق منها. شكرا للمؤلف! بينما يمكنك استخدامه مجانًا، تذكر أن إعادة نشر الكود يخضع لقواعد الموقع الخاصة بنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.