TDV Indicator

2022년 6월 27일

This indicator measures the volatility of an asset based on the price distance from the baseline used in my TDR indicator. IT calculates the average distance the price will move from the baseline and shows a visual representation of that data. If the scatterplot is white, the price is within the average, if it turns yellow, the price is above the average. This can be used to determine if the price action is over extended.

2022년 8월 11일

릴리즈 노트

Display the current risk level on the bottom right of the chart.

2024년 3월 15일

릴리즈 노트

Added an Upper and Lower limit for the TDV value and display the value on the indicator. Upper and Lower limit can be set in the options. The upper and lower limits displayed in Blue give an indication as to when the volatility of the assets is close to the limit and a correction in the volatility can be expected in that range.