Volatility Color‴

7 thg 7, 2021

What does it do?
Used for calling your attention to rally price movements:
1. red color: signals that the market is "hot" and price spread might be on its way;
2. blue color: signals that the market is "cold" and regular or no price spread will be seen;
3. right side bar signals the market mood (hot or cold) in order to call your attention


How does it work?
When the indicator color is red the market tends to move fast and with volume. The distance between the volatility colored and the black moving average lines gives you a hint of the volatility direction.
This indicador is used in conjunction with other indicadtor in the BOLLINGER BLAST setup that provides a way bigger knowledge of a huge price rally.

What's my filling?
It's just great once you DO NOT have to keeo your eyes on the indicator, just let the red color pop up into your eyes. In other words, let the indicator work for you, let it do the easy stuff while you focus on the strategic part of the trade.


Indicator attributes:
- red color suggests trade with rally and or volume
- blue color suggests regular or weak trade
- right side bar: signals the suggested trade mood (same volatility lines signals)

To have access to this indicator, please DM me.
Don't contact me in the comment area.

7 thg 3, 2022

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Minor updates

7 thg 3, 2022

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New minor changes.

7 thg 3, 2022

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Updating chart image.