ChrisMoody

CM ATR PercentileRank - Great For Showing Market Bottoms!

AMEX:SPY   SPDR S&P 500 ETF TRUST
When Increased Volatility to the Downside Reaches Extreme Levels it’s Usually a Sign of a Market Bottom.

This Indicator Takes the ATR and uses a different LookBack Period to calculate the Percentile Rank of ATR Which is a Great Way To Calculate Volatility

Be Careful Of Using w/ Market Tops. Not As Reliable.


***Ability to Control ATR Period and set PercentileRank to Different Lookback Period

***Ability to Plot Histogram Just Showing Percentiles or Histogram Based on Up/Down Close

Fuchsia Lines = Greater Than 90th Percentile of Volatility based on ATR and LookBack Period.
Red Lines = Warning — 80-90th Percentile
Orange Lines = 70-80th Percentile

Other Useful Indicators

Williams Vix Fix

CM_RSI EMA Is a Great Filter for Williams Vix Fix

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.