KevInnerTrading

Williams Vix Fix + BB & RVI (Top/Bottom) & Squeeze

Legend :
- When line touches or crosses red band it is Top signal (Williams Vix Fix)
- When line touches or crosses blue band it is Bottom signal (Williams Vix Fix)
- Red dot at the top of indicator is a Top signal ( Relative Volatility Index )
- Blue dot at the top of indicator is a Bottom signal ( Relative Volatility Index )
- Gray dot at the bottom of indicator is a Squeeze signal

This is an attempt to make use of the main features of all 4 of these very popular Volatility tools :
- Williams Vix Fix + Bollinger Bands (as per Larry Williams idea, link )
- Relative Volatility Index (RVI)
- The crossing of Keltner Channel by the Bollinger Bands (Squeeze)

The goal is to find the best tool to find bottoms and top relative to volatility . This is a simple combination, but I find it very useful personally
(no need to reinvent the wheel, just need to find what works best)

The idea is that Williams Vix Fix + Bollinger Bands already give the main volatility bottom and top (Bottom are more accurate).
So instead of trying to modify it, I chose to compliment it by mapping with points when the Relative Volatility Index (RVI) reached the
top/bottom thresholds (red dot means top and blue dot means bottom). That way we can easily see when both indicators find a top or bottom relative
to volatility (of course this needs to be then confirmed with a momentum indicator rally).

In addition, I added the squeeze because this quickly shows the potential breakouts.

For ideas on how to continue this work, it would be very interesting to be able to create a probability of a bottom and top relative to volatility using the
Williams Vix Fix + Bollinger Bands and "Relative Volatility Index" signals as both work well and give top or bottom the other doesn't see.
릴리즈 노트: Added the option to plot 'Half Squeeze' in purple (bottom location), which is when a Bollinger Band crosses only 1 Keltner Channel (upper/lower)
It is off by default but it can be turned on as it is also a sign of Moving Average constriction and a possible breakout.
릴리즈 노트: Updated Chart to make things clearer.
릴리즈 노트: Corrected the Bollinger Band standard deviation bug from original Squeeze script.
릴리즈 노트: Clean up and organize the script.
릴리즈 노트: Cleaned up the code (almost fits on 1 page now)
릴리즈 노트: Clean up

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