Bitcon has never been this boring... I thought of making a little indicator to look for volatility/boredom. This one works pretty well. It might also be possible to use it to pick reversals. Maybe if I backtested it I would notice than when it get to zero and stays there a while it has a tendency to explode.
It is possible divergence on this can be used for reversals.
It can be used as a filter "I will only invest when we are in the green range".
I am sure this can be used, going to look into it in a few weeks.
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.