Volatility Color‴
Used for calling your attention to rally price movements:
1. red color: signals that the market is "hot" and price spread might be on its way;
2. blue color: signals that the market is "cold" and regular or no price spread will be seen;
3. right side bar signals the market mood (hot or cold) in order to call your attention
How does it work?
When the indicator color is red the market tends to move fast and with volume. The distance between the volatility colored and the black moving average lines gives you a hint of the volatility direction.
This indicador is used in conjunction with other indicadtor in the BOLLINGER BLAST setup that provides a way bigger knowledge of a huge price rally.
What's my filling?
It's just great once you DO NOT have to keeo your eyes on the indicator, just let the red color pop up into your eyes. In other words, let the indicator work for you, let it do the easy stuff while you focus on the strategic part of the trade.
Indicator attributes:
- red color suggests trade with rally and or volume
- blue color suggests regular or weak trade
- right side bar: signals the suggested trade mood (same volatility lines signals)
To have access to this indicator, please DM me.
Don't contact me in the comment area.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact MarceloTorres directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
marcelo@tradewiser.pro
Vídeo-Análise completa diária no YouTube:
youtube.com/c/TradeWiserPro
Curso/AE
CursoAE.TradeWiser.pro
@TradeWiserPro
Telegram, Twitter, Facebook, LinkedIn, Instagram
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact MarceloTorres directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
marcelo@tradewiser.pro
Vídeo-Análise completa diária no YouTube:
youtube.com/c/TradeWiserPro
Curso/AE
CursoAE.TradeWiser.pro
@TradeWiserPro
Telegram, Twitter, Facebook, LinkedIn, Instagram