PROTECTED SOURCE SCRIPT
Volatility Watch
READ ME FOR INSTRUCTIONS ==>
Has been tested on Stocks, Crypto, and other Currencies
Get help to find trade ideas!! => I look for Daily conditions to be oversold (Signal and Stochastic to be under low- line with Strength moving up)
DIRECTIONS ==>
PART 1 --> When SIGNAL line turns green and STRENGTH line (blue line) are both greater than or equal to the SLOW STOCHASTIC (Black line) -- This indicates Bullish Trend
PART 2 --> IF SIGNAL line, Strength line, and Slow Stochastic are Below the LOW-LINE (Marked at 20) this is an indication of "Oversold" conditions.
PART 3 --> IF SIGNAL line crosses above Slow Stochastic while they are both below the LOW-LINE (Purple dashed line) and Strength line (blue line) has already
crossed above Slow Stochastic line (black line), this indicates a potential buying opportunity and...
depending on time frame the user could use this indicator to accumulate for Long position, day trade the 2 minute chart, or swing trade.
- Signal = Green (bullish) Red (bearish)
- Strength indicator = Blue line
- Slow Stochastic = Black line
- Low- line = Purple dashed
- High- line = Red dashed
Has been tested on Stocks, Crypto, and other Currencies
Get help to find trade ideas!! => I look for Daily conditions to be oversold (Signal and Stochastic to be under low- line with Strength moving up)
DIRECTIONS ==>
PART 1 --> When SIGNAL line turns green and STRENGTH line (blue line) are both greater than or equal to the SLOW STOCHASTIC (Black line) -- This indicates Bullish Trend
PART 2 --> IF SIGNAL line, Strength line, and Slow Stochastic are Below the LOW-LINE (Marked at 20) this is an indication of "Oversold" conditions.
PART 3 --> IF SIGNAL line crosses above Slow Stochastic while they are both below the LOW-LINE (Purple dashed line) and Strength line (blue line) has already
crossed above Slow Stochastic line (black line), this indicates a potential buying opportunity and...
depending on time frame the user could use this indicator to accumulate for Long position, day trade the 2 minute chart, or swing trade.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
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.