OPEN-SOURCE SCRIPT
Volume Band Asymmetric: Dynamic Volatility Envelopes
This indicator filters market noise by dynamically adjusting entry bands based on candle structure (Wick/Body) and real-time volume analysis. By using an asymmetric approach, it identifies exhaustion points where price tends to revert or break out, giving you a statistical edge in trending and ranging markets
Dynamic Offsets: Uses candle statistics (Wick, Body, or ATR) to define support/resistance bands.
Volume Normalization: The Volume Power input scales the channel width based on relative volume, expanding bands during high volatility/volume.
Crypto: Use higher volLookback and ATR settings to filter high-volatility spikes.
Forex: Tighten the multipliers (multBuy/multSell) to capture smaller, frequent trend exhaustion points.
I’m committed to making this tool as accurate as possible. Your feedback is invaluable! Please share your backtest results, suggest features, or report any issues in the comments below. Let’s evolve this strategy together!
Disclaimer: Trading involves significant risk of loss and is not suitable for all investors. Past performance is not indicative of future results. This script is for educational purposes only.
Dynamic Offsets: Uses candle statistics (Wick, Body, or ATR) to define support/resistance bands.
Volume Normalization: The Volume Power input scales the channel width based on relative volume, expanding bands during high volatility/volume.
Crypto: Use higher volLookback and ATR settings to filter high-volatility spikes.
Forex: Tighten the multipliers (multBuy/multSell) to capture smaller, frequent trend exhaustion points.
I’m committed to making this tool as accurate as possible. Your feedback is invaluable! Please share your backtest results, suggest features, or report any issues in the comments below. Let’s evolve this strategy together!
Disclaimer: Trading involves significant risk of loss and is not suitable for all investors. Past performance is not indicative of future results. This script is for educational purposes only.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
🔓 Unlock all my premium indicators & tools. Join here: whop.com/joined/mystrategyhub/trading-view-Vs8vKSmd5GTCLD/app/
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
🔓 Unlock all my premium indicators & tools. Join here: whop.com/joined/mystrategyhub/trading-view-Vs8vKSmd5GTCLD/app/
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.