TradingView
animecummer
15 mars 2022 21:20

Volatility Channel 

Bitcoin / United States DollarCoinbase

Description

This script is based on an idea I have had for bands that react better to crypto volatility. It calculates a Donchian Channel, SMMA-Smoothed True Range, Bollinger Bands (standard deviation), and a Keltner Channel (average true range) and averages the components to construct its bands/envelopes. This way, hopefully band touches are a more reliable indicator of a temporary bottom, and so on. Secondary coloring for strength of trend is given as a gradient based on RSI.
Commentaires
dodi1980
just found out this script. Beautifully presented (a feast of color into my eyes), and usefully. Thank you so much to make this one.
chobit19968535
Clearly, Simply, significantly
bryantpan7
nice work!!!thanks
rollenderriese
great work ! thank you !!!!
Plus