ACTION Locator v2.0

The indicator is based on making the standard deviation (where the mean is a moving average) a two-lines cross indicator, by applying an MA over it. When the standard deviation is above the MA, there is considered to be enough volatility in the market for trends to form.

Blue background = There is ACTION in the market -- signals it should be safe to trade
Gray background = No ACTION - DO NOT TRADE!
Notes de version: - Version 2.1 -
  • Added the Average Sigma Price Build-up signal to the indicator. This is usually quite a strong indication of possible ACTION in the market. Whenever this signals the background is less transparent, signaling a stronger volatility and a higher probability that the market will take ACTION.
  • Corrected a bug in the LSMA calculation.
Notes de version: - Version 2.2 -
  • Added checks against volatility indices in order to indicate whether or not there is
    volatility in the market. You can choose between a volatility index for Forex (EVZ)
    and two stock indices (VIX). The idea is that if there is volatility in the overall
    market, there is a higher probability that the market will take ACTION.

    Blue bars (above) = There is ACTION in the market -- signals it should be safe to trade
    Gray bars (above) = No ACTION - DO NOT TRADE!

    Teal bars (below) = There is force behind the ACTION!
    Gray bars (below) = Less volatility in the market, be careful!
Notes de version: - Version 2.3 -
  • Added a choppiness index filter as a third confirmation for volatility. This is the yellow row of bars. Yellow means there is no choppiness detected and should be safer to trade.
Notes de version: - Version 2.4 -
  • Changed out the choppiness index for the BERLIN Range Index, as it is less laggy.
Notes de version: - Version 2.5 -
  • Changed name to include the name of the algo this indicator is part of.
  • Added licensing information in the comments.
  • Added more information in the header comment to make the indicator easier to understand.
Notes de version: - Version 2.6 -
  • Added option to alert for orange bars in the BERLIN Range Index (upper row).
Notes de version: - Version 2.7 -
  • Made some options more clear and added dummy checkboxes to divide the settings into categories.
  • Added more VIX tickers to the VIX ticker list to cover more markets.
  • Added an option to adapt colors to bright mode (the TradingView color theme).
Notes de version: - Version 2.8 -
  • Added a custom VIX that is calculated in a similar waythat the Bitcoin Historical Volatility Index (BVOL24H) is calculated, to make a kind of "adaptive" VIX that works on any market.
  • Cleaned up a code a bit with line breaks.
Notes de version: - Version 2.9 -
  • Updated the script to work with new updated pine script rules.
Script open-source

Dans le véritable esprit de TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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.

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