VCP v2
v2 Update — BB Width Squeeze
Replaced the ADR% percentile compression calculation with a Bollinger Band Width squeeze system.
Previously the indicator ranked current ADR% within its recent historical range, which struggled to detect compression during long slow consolidations where ADR% stays flat throughout.
BB Width measures how narrow the bands are relative to the 20-period SMA, then ranks current width as a percentile against a 90-day lookback.
Green when BB Width is in the bottom 15% of its range (true squeeze territory)
Orange at 15–25%, red above.
Replaced the ADR% percentile compression calculation with a Bollinger Band Width squeeze system.
Previously the indicator ranked current ADR% within its recent historical range, which struggled to detect compression during long slow consolidations where ADR% stays flat throughout.
BB Width measures how narrow the bands are relative to the 20-period SMA, then ranks current width as a percentile against a 90-day lookback.
Green when BB Width is in the bottom 15% of its range (true squeeze territory)
Orange at 15–25%, red above.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.