NOFOMO Indicator
ABOUT:
This indicator can be used in conjunction with alerts to detect shifts in Momentum, which usually occur before volatility. ATR (Average True Range) is included as a measurement of volatility.
Momentum(White Line)
Zero Line(White Line)
Momentum SMA(Blue Line)
Average True Range(Yellow Area)
Momentum Crossover Momentum SMA(Red...
This indicator can be used in conjunction with alerts to detect Momentum crosses, which usually occur before volatility . ATR is included as a measurement of past volatility after crosses.
Special thanks to Washdil whom discovered this reoccurring theme in many of the major pairs.
Happy trading!
As requested, here is a quick and basic strategy version of Lazy Trader for those who wish to play around with backtesting.
I normally only use Lazy Trader with BTC on the daily chart but because I'm getting lots of people message me asking if it can be used on lower time frames and with other pairs, I've got the demo chart / screenshot showing an example of just...
As you can see in the chart below, regular ATR is not useful for long term analysis. Normalizing it, fixes the issue. This indicator can be used to measure absolute volatility. It has a built-in stochastic as well for relative volatility. ATR counts high and low in the equation unlike Bolinger Band Width.
Stochastic:
This indicator measures the "Effort" required to shift price.
By using Volume and Average True Range, it reveals how much volume was used to create each candle period.
The resistance threshold is set to 1.5x and will light up with an aqua or purple colour (bullish or bearish candle).
This means that the current bar is 1.5 times the previous bar and can be seen...
Realized Volatility, using the 21 period Average True Range formula with a log scaling of source input values.
Designed to match the CBOE's Volatility indexes across all timeframes and instruments.
I just add fib line as support and resistance line . the system is set on 1 hour graph for bitmex (so far with great success) both for longs and shorts
so have fun
Buy on dips and sell into rallies. Simple as that.
- Short line (green)
- Base line (white)
- Long line (red)
When the market price touches the white or the red(green) lines, buy(sell) orders are generated.
The exit points are 2 lines above(below) the entries.
Parameters
- Period: It affects the value of Base line and the spacing of each line.
- Multiple:...
![BLX: Normalized Average True Range (NATR) (Volatility) [cI8DH]](https://s3.tradingview.com/l/LUvQgXce_mid.png "Normalized Average True Range (NATR) (Volatility) [cI8DH]")
![BTCUSD: Crash Finder [OnurSelcuk] - Works on 30-120-240-D V.1](https://s3.tradingview.com/q/qHoQLMA4_mid.png "Crash Finder [OnurSelcuk] - Works on 30-120-240-D V.1")
![XBTUSD.P: Volatility Channel Index [m59]](https://s3.tradingview.com/j/J13jZeYt_mid.png "Volatility Channel Index [m59]")
