INVITE-ONLY SCRIPT
TDV Indicator
Updated
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.
Release Notes
Display the current risk level on the bottom right of the chart.Release Notes
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.Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Cryptodontrading for more information, or follow the author's instructions below.
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Author's instructions
″This indicator is bundled with the TDR indicator, it is a paid indicator and both come packaged together with your purchase. If you would like to learn more about using my indicators please contact me here with a private message.
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