PROTECTED SOURCE SCRIPT
DCVIX
The DCVIX is a modified version of the Williams Vix Fix indicator.
It is a volatility based indicator based on Bollinger Bands and Standard Deviations. It is designed to assist you in identifying times of high and low volatility.
During times of high volatility (squeeze), price action often finds a local bottom. During times of low volatility, price action often finds a local top.
The DCVIX will print aqua bars on the histogram during times of high volatility (squeeze). This will assist you in identifying potential price action bottom.
The DCVIX also shows the changes in volatility based on the size of the bars. This may also assist you in identifying breakouts and even potential market tops.
This indicator is designed to be used in conjunction with other forms of confluence.
It is a volatility based indicator based on Bollinger Bands and Standard Deviations. It is designed to assist you in identifying times of high and low volatility.
During times of high volatility (squeeze), price action often finds a local bottom. During times of low volatility, price action often finds a local top.
The DCVIX will print aqua bars on the histogram during times of high volatility (squeeze). This will assist you in identifying potential price action bottom.
The DCVIX also shows the changes in volatility based on the size of the bars. This may also assist you in identifying breakouts and even potential market tops.
This indicator is designed to be used in conjunction with other forms of confluence.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.