PROTECTED SOURCE SCRIPT
Borjas Tarh Explosive Pivots
Updated
Borjas Tarh Explosive Pivots
This indicator includes:
1. Historical Volatility Percentile (HVP) +SMA+EMA
Core Idea (balipour):
HVP Code Help (semiotic): tradingview.com/u/semiotic
For the Detailed Description read the Core (HVP) Idea indicator by "balipour" above.
2. Bollinger Bands Width (BBW)
It's an Oscillation of BBW So it's trapped between 0 to 100. (And Lightly Smoothed)
3. Volume Oscillator
The Volume is oscillated so it's trapped between 0 and -30. (And Lightly Smoothed)
Below 10 Means the Volume in the context of the Candle Volume is pretty low.
4. The Shapes
These Shapes are based of all factors above.
D (Blue) : HVPis pretty Low. An Explosive Move is Coming.
A (Yellow) : An Explosive Move is Building Up.
B (Orange) : An Explosive Move is Near.
C (Purple) : An Explosive Move Will Happen Very Soon.
There is an Alternative Set:
On = Annual HVP and Default BBW.
Off = Fibonacci HVP and BBW.
© mrhashem
© Borjas Tarh Company
This indicator includes:
1. Historical Volatility Percentile (HVP) +SMA+EMA
Core Idea (balipour):
HVP Code Help (semiotic): tradingview.com/u/semiotic
For the Detailed Description read the Core (HVP) Idea indicator by "balipour" above.
2. Bollinger Bands Width (BBW)
It's an Oscillation of BBW So it's trapped between 0 to 100. (And Lightly Smoothed)
3. Volume Oscillator
The Volume is oscillated so it's trapped between 0 and -30. (And Lightly Smoothed)
Below 10 Means the Volume in the context of the Candle Volume is pretty low.
4. The Shapes
These Shapes are based of all factors above.
D (Blue) : HVPis pretty Low. An Explosive Move is Coming.
A (Yellow) : An Explosive Move is Building Up.
B (Orange) : An Explosive Move is Near.
C (Purple) : An Explosive Move Will Happen Very Soon.
There is an Alternative Set:
On = Annual HVP and Default BBW.
Off = Fibonacci HVP and BBW.
© mrhashem
© Borjas Tarh Company
Release Notes
Settings Updated.Release Notes
Style Update.Release Notes
Added 2 types of Smoothing:Options:
No Smoothing
Lite Smoothing
Heavy Smoothing
Source Update. Code Tweaks.
Release Notes
Updated BBW Formula.Updated Code Styling.
Release Notes
Updated to v5 Pinescript.
Without Risk and Position Management, You WILL Lose Money.
Disclaimer
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