INVITE-ONLY SCRIPT
Cyclic Volatility Index(Version NO.1)
The "Cyclic Volatility Index" indicator shows the characteristics of the 24-hour derivatives market.
As the volume increases, the CVI reading at the bottom increases as the variation increases, either up or down.
Conversely, when the cumulative volume of trading decreases and market fluctuation begins to decrease, the CVI at the bottom decreases.
CVI can effectively identify major players in the high-risk derivatives market.
"This indicator had reused indicator which name is 'CEMA'.
Reused indicator URL: [url= tradingview.com/u/mvtradeidea/ tradingview.com/u/mvtradeidea/
reused indicator 'CEMA' CODE
study(title="Color EMA", shorttitle="CEMA", overlay=true)
en = input (10, minval=1, Title="Length")
src = input(close, Title="Source")
out = ema(src, le)
(out, color=out>out[1]?green:out[out[1]?red:blue, linewidth=2, transsp=0, Title="CEMA")
As the volume increases, the CVI reading at the bottom increases as the variation increases, either up or down.
Conversely, when the cumulative volume of trading decreases and market fluctuation begins to decrease, the CVI at the bottom decreases.
CVI can effectively identify major players in the high-risk derivatives market.
"This indicator had reused indicator which name is 'CEMA'.
Reused indicator URL: [url= tradingview.com/u/mvtradeidea/ tradingview.com/u/mvtradeidea/
reused indicator 'CEMA' CODE
study(title="Color EMA", shorttitle="CEMA", overlay=true)
en = input (10, minval=1, Title="Length")
src = input(close, Title="Source")
out = ema(src, le)
(out, color=out>out[1]?green:out[out[1]?red:blue, linewidth=2, transsp=0, Title="CEMA")
Invite-only script
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