Volatility based Standarde Deviation and Fib. Pivot Points
This indicator plots Standard deviation levels and Fib. Pivot Points. I prefer to use only SD levels but Fib. levels also come handy in providing support and resistance.
How to use this indicator:
You have to manually enter instrument's Closing Price / Settlement Price and VIX closing price to draw each day's levels.
For NQ, I use VXN closign price and for ES or RTY, I use VIX closing price.
This indicator can be used on individual stocks and forex pairs.
How to use this indicator:
You have to manually enter instrument's Closing Price / Settlement Price and VIX closing price to draw each day's levels.
For NQ, I use VXN closign price and for ES or RTY, I use VIX closing price.
This indicator can be used on individual stocks and forex pairs.
Notes de version:
Fixed Fib calculaion.
Notes de version:
Updated standard deviation lines up to 4 levels since volatility is back acrosss the equity and futures market.
Notes de version:
Fixed small bug
Notes de version:
Small enhancements