The Value at Risk Channel (VaR Channel) is a trading indicator designed to help traders control the level of risk exposure in their positions. The user can select a time period and a probability value, and the indicator will plot the upper and lower limits that the price can reach during the selected time period with the given probability.
Multi Adjustable Moving Averages(MAMA) with Auto Fibonacci
There are 10 moving averages in this indicator. There are 8 different types of moving averages to choose from.
You can also easily set the desired periods, colors and line thicknesses for each moving average from the first page.
It contains Auto Fibonacci as it is used a lot with moving averages. Those...
This is an INDEX page where educational links/scripts are sorted in the script itself (see below)
- where is the link of the 'var' article/idea?
-> search in the script comments below for Keywords -> var -> look for the date ->
now you will find the link at the date of update
Best to use on a Monthly Timeframe with a Ticker that exists longer then 2 years (example Bitcoin )
Then open the console so you can read and follow the instructions and explanation in the script
-> Perhaps technically some things could be better explained, but the main goal here is to explain 'var' in a rather simple way
Hope this helps, cheers!