PROTECTED SOURCE SCRIPT
ที่อัปเดต:

Relative Candle Volatility & Directionality Index

4 679
This is an enhanced (closed-source) implementation of the Relative Candle Volatility Index (RCVI), with a Relative Candles Directionality Index (RCDI) added.
Relative Candle Volatility Index


  • When the RCVI switch significantly positive, it indicates a sudden increase in volatility ; whereas, when the RCVI switch significantly negative, it indicates a sudden decrease in volatility -- in relative to the (just prior) market trend.
  • A positive (green) RCDI indicates a net positive price trend, while a negative (red) RCDI indicates a net negative price trend.


Buy/Sell strategy circle-markers, derived base on the interaction between the RCVI and the RCDI , are also introduced in this edition.
The parameters should be manually "history-matched", for a particular chart and time-frame, for the best result.

RCVI QUICK GUIDE:
สแนปชอต

~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~

Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.


~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~

Please check out my other indicators sets and series, e.g.
  • LIVIDITIUM (dynamic levels),
  • AEONDRIFT (multi-levels standard deviation bands),
  • FUSIONGAPS (MA based oscillators),
  • MAJESTIC (Momentum/Acceleration/Jerk Oscillators),
  • PRISM (pSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators),
  • PDF (parabolic SAR /w HighLow Trends Indicator/Bar-color-marking + Dynamic Fib Retrace and Extension Level)
  • and more to come.

Constructive feedback and suggestions are welcome.

~JuniAiko
(=^~^=)v~
Release Note
Updated input descriptions.
Release Note
Introduced RCVI- and RCDI-softening factors.
Release Note
Refactored RCDI Script
Release Note
Added Alert conditions.
Release Note
Set Default Confirmation Period to only "1".
Users can adjust this parameter for a particular chart and time-frame to reduce false-positives wrt to historical trend, before proceeding to use to predict next move, etc.
Release Note
Plot titles are now made more descriptive to make it easier to define Alerts.

Certain conditions base were implemented in my Strategies, which have substantially boosted their profitability, viz.:
  • Increasing trading activities when RCVI is above the upper threshold.
  • Stop all trading activities when RCVI drops below the lower threshold.
  • Reduce score-threshold to register a buy order when RCDI is bullish and above 0.5.
  • Reduce score-threshold to register a sell order when RCDI is bearish and below -0.5.


See also:
AEONDRIFT-K
AEONDRIFT-K
Release Note
Shifted Directionality (RCDI) plot down, and also added a Directionality Momentum (RCDM) plot over it.
Release Note
Updated signal marker colors.
Release Note
User can now Enable/Disable the offsetting of RCDI and RCDM plots.
Disabling this option will overlay the RCVI with the RCDI and RCDM plots.
Release Note
Implemented RCD-RSI and RCD-StochRSI (plots can be disabled in the settings).
Release Note
Directionality-Acceleration/Jerk Oscillators added right below the Directionality and Directionality-Momentum plots.
Release Note
Allows custom RSI and Stochs source.
Release Note
Updated presentation of oscillators.
Release Note
Significant tweaks.
Release Note
Updated defaults.
Release Note
Corrected minor bug.
Release Note
Disabled RSI/Stochs as default.
Release Note
Introduced RCVI % rescaling.
Release Note
Introduced RCDI rescaling.

คำจำกัดสิทธิ์ความรับผิดชอบ

ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน