Trend Volatility — Indicator by AndresVasconez

volatility trendanalysis volumestudies trend trendvolatility

This indicator is VERY good ONLY when in a Trending market (When trends form). In a ranging market it kinda sucks.
Defaults settings set for BTC 4H chart.

Release Notes:

Added Stop loss line ( when price crosses the line the long/short is when the long/short position switches)

Release Notes:

Changed colors of the Stop loss line and fixed a bug

Release Notes:

Added color change to stop loss line.
green= in a long position
red= when in a short position

Release Notes:

Added:
-Long/Short signs on top and bottom of the candles.
-Alerts now available.

To set Alerts:
1-Go to alerts section
2-Click "Trend volatility"
3-Long Alert
4-Once per bar
5-Set a message you like.

Release Notes:

Fixed Length and Multiplier

Release Notes:

Added 100 EMA filter (Optional from settings), this filter was added in order to get rid of some bad trades and increase performance.
Alerts can be set with or without filter.

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 AndresVasconez for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

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