OPEN-SOURCE SCRIPT
volatility new
Volatility Filtering (The "VIX" Brain)
The code constantly monitors the India VIX (Volatility Index).
Dynamic Bands: Instead of fixed levels, the Buy/Sell bands expand or contract based on VIX. If the market is "nervous" (High VIX), the bands widen to protect you from "noise" and fake breakouts.
Safety Switch: It uses a VIX EMA 25 to determine if volatility is stable. If VIX spikes too high (sudden panic), it may block a "Buy" signal to keep you safe from a potential trap.
2. Trade Signals
BUY (Bullish): Triggered when the price breaks above the Upper Band while the VIX is relatively stable (no sudden spike).
SELL (Bearish): Triggered when the price breaks below the Lower Band while VIX is showing strength (above its average).
SIDEWAYS (Grey): When the price is trapped between the bands or the trend has ended, the background turns Grey, indicating a "No Trade" zone.
3. Trend Management & Exit
Trailing Stop: The Orange Line (EMA 25) acts as your exit trigger.
In a Buy trade, if the price closes below the Orange line, the trend is over.
In a Sell trade, if the price closes above the Orange line, the trend is over.
4. Real-Time Dashboard
The table in the top-right corner gives you a "Quick Look" at:
Trend: Shows BULLISH, BEARISH, or SIDEWAYS.
VIX Status: Tells you if the market is STABLE or in HIGH VOL mode.
Entry Price: Remembers exactly where the signal started so you can track your potential profit/loss.
In short: It is a smart trend-follower that "widens" its filters when the market gets crazy and "tightens" them when the market is calm.
The code constantly monitors the India VIX (Volatility Index).
Dynamic Bands: Instead of fixed levels, the Buy/Sell bands expand or contract based on VIX. If the market is "nervous" (High VIX), the bands widen to protect you from "noise" and fake breakouts.
Safety Switch: It uses a VIX EMA 25 to determine if volatility is stable. If VIX spikes too high (sudden panic), it may block a "Buy" signal to keep you safe from a potential trap.
2. Trade Signals
BUY (Bullish): Triggered when the price breaks above the Upper Band while the VIX is relatively stable (no sudden spike).
SELL (Bearish): Triggered when the price breaks below the Lower Band while VIX is showing strength (above its average).
SIDEWAYS (Grey): When the price is trapped between the bands or the trend has ended, the background turns Grey, indicating a "No Trade" zone.
3. Trend Management & Exit
Trailing Stop: The Orange Line (EMA 25) acts as your exit trigger.
In a Buy trade, if the price closes below the Orange line, the trend is over.
In a Sell trade, if the price closes above the Orange line, the trend is over.
4. Real-Time Dashboard
The table in the top-right corner gives you a "Quick Look" at:
Trend: Shows BULLISH, BEARISH, or SIDEWAYS.
VIX Status: Tells you if the market is STABLE or in HIGH VOL mode.
Entry Price: Remembers exactly where the signal started so you can track your potential profit/loss.
In short: It is a smart trend-follower that "widens" its filters when the market gets crazy and "tightens" them when the market is calm.
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Skrypt open-source
W zgodzie z duchem TradingView twórca tego skryptu udostępnił go jako open-source, aby użytkownicy mogli przejrzeć i zweryfikować jego działanie. Ukłony dla autora. Korzystanie jest bezpłatne, jednak ponowna publikacja kodu podlega naszym Zasadom serwisu.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.