OPEN-SOURCE SCRIPT
volatility 3.1
This script is an Adaptive Trend-Following System that uses the India VIX to dynamically adjust its sensitivity. Here is a concise breakdown:
1. Adaptive Volatility Bands
Instead of fixed bands, this code uses VIX-Adjusted ATR Bands.
When VIX is high (market is volatile), the bands widen to avoid "fakeouts."
When VIX is low, the bands tighten to catch moves early.
The center line is a 25-period EMA, which acts as the core trend filter.
2. Entry Logic
Bullish (BUY): Triggered when the price closes above the Upper Band, provided there isn't a sudden, extreme spike in the VIX (which usually indicates a crash).
Bearish (SELL): Triggered when the price closes below the Lower Band, as long as the VIX is trading above its own 25-EMA (confirming rising fear/downward momentum).
3. Exit & Trend Management
The trade stays active until the price crosses back over the 25-EMA in the opposite direction.
Green Background: Confirmed Bullish Trend.
Red Background: Confirmed Bearish Trend.
Gray Background: Sideways/Neutral (Wait).
4. Key Features
Multi-Asset & TF: You can select Nifty, Bank Nifty, FinNifty, or HDFC Bank and any timeframe (like 5m, 15m, or Daily) directly from the settings.
Live Dashboard: A table in the top-right corner shows the current trend status, VIX volatility level, and your specific entry price for the current signal
1. Adaptive Volatility Bands
Instead of fixed bands, this code uses VIX-Adjusted ATR Bands.
When VIX is high (market is volatile), the bands widen to avoid "fakeouts."
When VIX is low, the bands tighten to catch moves early.
The center line is a 25-period EMA, which acts as the core trend filter.
2. Entry Logic
Bullish (BUY): Triggered when the price closes above the Upper Band, provided there isn't a sudden, extreme spike in the VIX (which usually indicates a crash).
Bearish (SELL): Triggered when the price closes below the Lower Band, as long as the VIX is trading above its own 25-EMA (confirming rising fear/downward momentum).
3. Exit & Trend Management
The trade stays active until the price crosses back over the 25-EMA in the opposite direction.
Green Background: Confirmed Bullish Trend.
Red Background: Confirmed Bearish Trend.
Gray Background: Sideways/Neutral (Wait).
4. Key Features
Multi-Asset & TF: You can select Nifty, Bank Nifty, FinNifty, or HDFC Bank and any timeframe (like 5m, 15m, or Daily) directly from the settings.
Live Dashboard: A table in the top-right corner shows the current trend status, VIX volatility level, and your specific entry price for the current signal
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開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。