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IO_Volatility Quality Zero Line

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This is the Volatility Quality Zero Line Indicator. This indicator measures volatility strength.
Release Notes
Minor code edits
Release Notes
v1.1 : Added Settings and Thresholds
Release Notes
Fixed Typos.. The way to use the indicator:

Green is BULLISH

Red/Fuchsia is BEARISH

Blue is CONSOLIDATION

Feel free to play around with Thresholds. If you're comparing this against the MT4 version, I have applied a factor of 1000 in VQ0. So 0.003 in MT4 means 3 in this version.
Release Notes
V2.0 : Made changes to display right values across multiple TF and asset classes
Release Notes
v2.1 Minor code edits
sarangab
-- INVSTO
Also on:
pricepriceactionstrengthtrendVolatility

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
pricepriceactionstrengthtrendVolatility
sarangab
-- INVSTO
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.