Note: Pardon for a busy chart. It really is irrelevant for this indicator. Just look at the bottom part of the chart for the indicator (SpAn). This script is meant to add objectivity to the estimation of spread in VSA. This is best used with a similar volume indicator that measures volume in the same fashion, but a simple rule of "higher/lower than the...
Current price always obeys VWAP and is very useful for intraday traders. The Price will never go beyond the second deviation of VWAP at any point of time. The deviation bands are also very useful in predicting the volatility of the script. Breakout trades can be taken based on the previous day's VWAP and it's deviations. One can say that the stock has experienced...
Same formulation of IVR but based on Historical Volatility instead. Serves the same purpose as IV rank.
Sapphire looks for standar deviation trade signals and does not filter the results in anyway. You will often be told by the indicator to buy & hold at a loss or to exit positions prematurely and miss out on noteworthy gains (in excess of 15% at times!). This script was published as an educational example and not suggested for use in trading .
Standard Deviation For Recovery, If you are using martin gale strategy, you can use this, just use the first GREEN line on the indicator, please note once GREEN, does not mean it's always safe to continue... It's just a tool
Trade indicator based on standard deviation models. To avoid the numerous false trades this can trigger on normal charts, suggested use is with renko charts.
Ehlers Fisherized Deviation-Scaled Oscillator script. This indicator was originally developed by John F. Ehlers (Stocks & Commodities V. 36:11: Probability - Probably A Good Thing To Know).
Ehlers Deviation-Scaled Moving Average indicator script. This indicator was originally developed by John F. Ehlers (Stocks & Commodities V. 36:8: The Deviation-Scaled Moving Average).
==日本語説明も併記 // Japanese discription is following == ■ Momentum Indicator (Triple Indication of Standard Deviation Volatilities) ■ Effective assets: All ■Example of utilization 1) Assume that a trend is generated at the timing when the yellow area chart (26) rises 2) Confirm the candlestick and if the price jumps out of the Bollinger band ± 1 σ, the trend toward...
Several tests of market efficiency have been developed over the years. The very first test, constructed by Louis Bachelier in 1900, measured the probability of a number of consecutively positive or consecutively negative price changes, or “runs.” The randomness of runs is rejected with 95 percent statistical confidence whenever the plotted value is greater than 0....
A Z-score is a numerical measurement of a value's relationship to the mean in a group of values. If a Z-score is 0, it represents the score as identical to the mean score. Z-scores may also be positive or negative, with a positive value indicating the score is above the mean and a negative score indicating it is below the mean. Positive and negative scores also...
Support Resistance points that are calculated based on the standard deviation of the traditional pivot point(previous session's high, low and close). More often stocks tend to oscillate between 3 levels of deviation forming day's high or low. A breakout of the 3rd SR level with volume indicates a strong trend day.
An indicator inspired by the Renko chart.Instead of using a static box size we use standard deviation, this make the indicator more reactive to the market state. If the indicator show no values then you have to round the price to the nearest integer, for that use the round parameter. Hope you enjoy :)
Corrected Relative Volatility Index. This indicator was originally developed by Donald Dorsey (Stocks & Commodities V.11:6 (253-256): The Relative Volatility Index). The indicator was revised by Dorsey in 1995 (Stocks & Commodities V.13:09 (388-391): Refining the Relative Volatility Index). I suggest the refined RVI with optional settings. If you disabled...
Excelente indicador a mi parecer, bastante complejo pero muy bien acoplado; dejo aquí las fuentes para aprender a utilizarlo: www.x-trader.net www.x-trader.net www.x-trader.net www.x-trader.net