NQ Power Range Report with FIB Ext - 7/1/2025 SessionCME_MINI:NQU2025
- PR High: 22886.75
- PR Low: 22852.50
- NZ Spread: 76.75
Key scheduled economic events:
09:30 | Fed Chair Powell Speaks
09:45 | S&P Global Manufacturing PMI
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Services
- JOLTs Job Openings
Holding in ATH range
Session Open Stats (As of 12:45 AM 7/1)
- Session Open ATR: 329.32
- Volume: 21K
- Open Int: 269K
- Trend Grade: Neutral
- From BA ATH: -0.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 23239
- Mid: 21525
- Short: 20383
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Volatility
NQ Power Range Report with FIB Ext - 6/30/2025 SessionCME_MINI:NQU2025
- PR High: 22842.50
- PR Low: 22751.50
- NZ Spread: 202.75
Key scheduled economic events:
09:45 | Chicago PMI
Weekend volatility taking auction into new ATHs
Session Open Stats (As of 12:45 AM 6/30)
- Session Open ATR: 345.85
- Volume: 33K
- Open Int: 261K
- Trend Grade: Neutral
- From BA ATH: +0.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 23239
- Mid: 21525
- Short: 20383
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Trading the Impulse Rally Retracement — Price and Time Symmetry The Stop Loss Triangle is back!
This time with BITSTAMP:BTCUSD coming off its recent impulse rally. For those of you that aren’t familiar with my strategy — let me start from the beginning…
This concept involves positioning against the opposing decline in price and time as a precursor to our theoretical projection. If the underlying enters our predetermined faded cross-section, the stop loss is triggered to prevent sideways consolidation and the erosion of contract premiums or leverage decay.
This inherently ‘sclene’ triangle is constructed by drawing a straight trend line through the bottoming reversal candle and the furthest projection in price and time symmetry (78.6%) of the retracement. Once connected, draw a vertically positioned straight line from the highest or lowest point in the previously identified retracement to the bottom reversal candle area once again. To create a ‘right triangle’, now turn 90 degrees towards the final point, which is determined by the nearest projection in price and time symmetry (38.2%). This allows time after the imposed price and time date, yet not enough for premium or leverage decay to become significant.
In its entirety, this forms the stop loss triangle.
I encourage my followers to identify and explore the system on their own. As always, feel free to ask me anything related to it. We’ll follow along and you’ll be amazed at the precision of Fibonacci symmetry.
CHEERS
$IREN Weekly Bb expansion + SMA bullish alignmentNASDAQ:IREN Weekly bollingers have only looked this sharply expansionary a couple times in history.
Weekly SMA total bullish alignment has likewise also happened a couple times in its history.
But this time the bullish cross confluence will happen from much higher levels with a much stronger fundamental position from an execution risk and near term catalyst standpoint.
Weekly Volatility SnapshotGood Morning --
I hope everyone had a good week of trading ranges -- although short, we saw some VOLATILITY .
Here we will step back with the year-to-date TVC:VIX in the background as we look towards a fresh week trading within the broader market ranges.
Let us begin --
Last week the S&P500 -- with the SP:SPX gapped up opening into strength of a short week at $6,007.46 and wicking up to $6,050.83 only to sell off during U.S. wartime engagement threats within the news cycle, closing the weeks range at $5,984.57. This provided a move of $96.96 and is most comparative to what IV (16.18%) stated entering last week -- that was predicting a range of +/- $101.24.
Now, looking towards this week -- IV (16.34%) is nearly unchanged as HV10 (9.75%) is showing a 'strength of IV' lowering at only 60% currently. IV within the yearly spectrum sits with an IVp of 74% -- fairly expensive as this can show the majority of money is spending up to protect downside uncertainties.
Understandable of course.
Our long-term trending volatility of HV63 (30.25%) is showing a 'strength of IV' at 185% which is correlating to an implied move of +/- $188.98 for the week. This is an advantage if reached of $86.90 over stated IV. A massive premium capture potential.
With the MACRO news cycle pointing EXTREMELY NEGATIVE, I will be watching for volatility expansion. I believe futures will open up gapping into quarterly marks -- this is just my humble opinion of course.
I see the opposite of last week happening, where we gap down and run up into the week. I don't hold a swing position, just an observation that psychologically retail will flip bearish on wartime news with a massive gap down, only to get trapped as broader markets expand upwards into the week.
That's all for now. Everyone have a good week trading ranges, and I will see you Saturday to review! As always, know you ABCs and stay hedged for whatever your bias may be!
CHEERS
Sharing the advanced Bollinger Bands strategyHere are the Bollinger Band trading tips: *
📌 If you break above the upper band and then drop back down through it, confirm a short signal!
📌 If you drop below the lower band and then move back up through it, confirm a long signal!
📌 If you continue to drop below the middle band, add to your short position; if you break above the middle band, add to your long position!
Pretty straightforward, right? This means you won’t be waiting for the middle band to signal before acting; you’ll be ahead of the game, capturing market turning points!
Let’s break it down with some examples:
1. When Bitcoin breaks above the upper Bollinger Band, it looks strong, but quickly drops back below:
➡️ That’s a “bull trap”—time to go short!
2. If Bitcoin crashes below the lower band and then pops back up:
➡️ Bears are running out of steam—time to go long and grab that rebound!
3. If the price keeps moving above the middle band:
➡️ Add to your long or short positions to ride the trend without being greedy or hesitant.
Why is this method powerful?
It combines “edge recognition + trend confirmation” for double protection:
1. Edge Recognition—spot the turning point and act early.
2. Trend Confirmation—wait for the middle band breakout and then confidently add positions!
You won’t be reacting after the fact; you’ll be ahead of the curve, increasing your positions in the trend’s middle and locking in profits at the end. This is the rhythm of professional traders and the core logic of systematic profits!
Who is this method for?
- You want precise entry and exit points.
- You’re tired of “chasing highs and cutting losses.”
- You want a clear, executable trading system.
- You want to go from “I see the chart but don’t act” to “I see the signal and take action.”
Follow for more. Make sure to like this if you found it useful.
NQ Power Range Report with FIB Ext - 6/27/2025 SessionCME_MINI:NQU2025
- PR High: 22713.50
- PR Low: 22669.25
- NZ Spread: 98.75
Key scheduled economic events:
08:30 | Core PCE Price Index (YoY|MoM)
Session Open Stats (As of 12:35 AM 6/27)
- Session Open ATR: 348.99
- Volume: 21K
- Open Int: 260K
- Trend Grade: Neutral
- From BA ATH: -1.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 23239
- Mid: 21525
- Short: 20383
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Agree to disagree... Gold is topping right now.My price path seen above is a complete guess but it stems from long term trend lines and more importantly order flow from last week.
On Thursday there was a #1 trade on AMEX:PHYS for $200+ Million at the green levels in my chart above (Equivalent levels). PRICE WILL 100% go to my green lines by end of this week 04/25.
We are over shooting the dark pool sale but a lot, however, this is always to trap retail and create fomo/peak fear.
In the correction/recession cycles, gold ALWAYS TOPS LAST before the crash...
NQ Power Range Report with FIB Ext - 6/26/2025 SessionCME_MINI:NQU2025
- PR High: 22488.25
- PR Low: 22450.25
- NZ Spread: 85.0
Key scheduled economic events:
08:30 | Initial Jobless Claims
GDP
Durable Goods Orders
Session Open Stats (As of 12:25 AM 6/26)
- Session Open ATR: 358.17
- Volume: 20K
- Open Int: 252K
- Trend Grade: Neutral
- From BA ATH: -1.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 20383
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 6/25/2025 SessionCME_MINI:NQU2025
- PR High: 22412.00
- PR Low: 22384.50
- NZ Spread: 61.5
Key scheduled economic events:
10:00 | Fed Chair Powell Testifies
- New Home Sales
10:30 | Crude Oil Inventories
Session Open Stats (As of 12:35 AM 6/25)
- Session Open ATR: 372.52
- Volume: 18K
- Open Int: 253K
- Trend Grade: Neutral
- From BA ATH: -1.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 20383
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NQ Power Range Report with FIB Ext - 6/24/2025 SessionCME_MINI:NQU2025
- PR High: 22217.00
- PR Low: 22065.75
- NZ Spread: 337.75
Key scheduled economic events:
10:00 | CB Consumer Confidence
- Fed Chair Powell Testifies
Session Open Stats (As of 12:35 AM 6/24)
- Session Open ATR: 384.68
- Volume: 45K
- Open Int: 240K
- Trend Grade: Neutral
- From BA ATH: -2.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22096
- Mid: 20383
- Short: 19246
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
US 100 – Potential For Further Geo-Political Volatility AheadEarly trading this Monday morning has been dominated by President Trump's surprise weekend decision to launch airstrikes on three nuclear sites in Iran, which may increase the potential for a wider conflict in the Middle East.
After closing at 21,652 on Friday, this news led the US 100 to a gap open lower to 21,375 in early Asian trading, however, this drop didn't last long and the index has since recovered to trade back up to 21600 again at the time of writing (0800 BST).
Looking forward, the focus for traders may continue to be on Iran's next move. So far they have confined their retaliation to missile attacks on Israel, but they did issue a statement saying they reserve all options to defend themselves.
Fresh attacks on US bases in the region, or deciding to close the Strait of Hormuz, a vital shipping supply route for Oil and Gas from the region, may undermine risk sentiment which could lead to renewed selling of the US 100, while any options suggesting a potential quicker resolution to this conflict may be seized upon by traders to push the index back up to higher levels seen in the middle of last week.
There are scheduled events released across the week that may also be relevant, these include the testimony of Federal Reserve (Fed) Chairman Jerome Powell to congress at 1500 BST on Tuesday and Wednesday, as well as the next US PCE Index update at 1330 BST on Friday, which is the Fed's preferred inflation gauge.
Technical Update: Assessing Support and Resistance Levels
Escalation of hostilities in the middle east over the weekend may leave traders uncertain as to the direction of the next price activity for the US 100 moving forward.
However, technical analysis can help to outline potential support and resistance levels, which if broken to the up or downside, might offer clues on where the index may move.
Potential Support Levels:
Looking at the chart of the US 100 index below, it could be argued that Monday’s lower opening level has already tested what traders may be viewing as support at 21373. This level is equal to half the May 23rd to June 11th phase of price strength.
Having seen an initial recovery following tests of this 21373 level, it may now have been strengthened as a support focus. This means closing breaks below 21373, while not a guarantee of further price declines, may suggest tests of the next support at 20666, which is the May 23rd price low, even 20360, the 38% Fibonacci retracement level, could be possible.
Potential Resistance Levels:
In terms of resistance levels to monitor this week, as the chart shows, Friday’s activity did see a sell-off from its 21905 session high. This confirms sellers have been active at this level previously and may prove to be again.
As such, traders may now be watching the defence of this 21905 level on a closing basis, as breaks above this resistance may now be required to see attempts to push to higher levels which may include a challenge of resistance at 22074, the June 11th session upside extreme, possibly then 2226, the February 18th high.
The material provided here has not been prepared
accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
Bank of America: Potential BreakoutBank of America squeezed into a range, and now it may be breaking out.
The first pattern on today’s chart is $44.84, the high on March 4 as the megabank gapped lower.
It spent more than a month pushing against that level while making higher lows. The resulting ascending triangle is a potentially bullish continuation pattern.
Second, BAC closed above the resistance on Friday and is now potentially entering the gap from March 4. Is a breakout underway?
Third, Bollinger Bandwidth has narrowed. That may create potential for prices to expand following a period of compression.
Next, the 8-day exponential moving average (EMA) has remained above the 21-day EMA. Prices have also held above their 200-day simple moving average. Those signals may reflect bullishness in the short and long terms.
Finally, BAC is an active underlier in the options market. Its 122,000 average daily contracts in the last month rank 23rd in the S&P 500, according to TradeStation data. That could help traders take positions with calls and puts.
Check out TradingView's The Leap competition sponsored by TradeStation.
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Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
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NQ Power Range Report with FIB Ext - 6/23/2025 SessionCME_MINI:NQU2025
- PR High: 21787.00
- PR Low: 21566.75
- NZ Spread: 491.75
Key scheduled economic events:
09:45 | S&P Global Manufacturing PMI
- S&P Global Services PMI
10:00 | Existing Home Sales
Open weekend gap down ~0.33%
Session Open Stats (As of 12:45 AM 6/23)
- Session Open ATR: 382.81
- Volume: 38K
- Open Int: 234K
- Trend Grade: Neutral
- From BA ATH: -4.8% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22096
- Mid: 20383
- Short: 19246
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Weekly Volatility Snapshot Good Evening -- Here we are again looking down the barrel of another week tracking the volatility within the broader markets!
Let us begin --
Last week, the TVC:VIX was trending down as the S&P500 rotated upwards making it within 1.43% of highs, before selling off on war conflict news to end the week -- spiking the VIX again. We are now 114 days into the correction with uncertainty still being the only thing that is defined.
However, it does seem that buyers are stepping in during these times of selling off. But, without lifting the uncertainty of trade deals and deadlines or negative news cycles, we could just be locking in a lower high and within another bear market phase.
As we trend into the 2nd half of June, the SP:SPX has an IV (16.18%) entering the week trending 72% to it's yearly range suggesting slightly expensive premium. This is up from 52% IVp last week. Now in comparison to what is happening, HV10 (9.94%) is showing a lower volatility range than stated IV by -6.24%.
This can be important when considering a premium disadvantage with a consolidating VIX under already expensive premium. The 'strength of IV' here is 61% -- and in turn my weighted implied ranges for the week are $5,914.78 - $6,039.16.
If there happens to be a volatility spike this week due to anything out of the blue, we will find our range expanded to long-term trending means of quarterly values, that being HV63 (30.39%). This would create a 'strength of IV' of 188% and a massive spike in the VIX -- respectfully these weighted implied ranges would be $5,786.82 - $6,161.12.
As always, I hope you enjoy the weekly write up and have a great week of trading ranges! Know you ABCs and REMEMBER stay hedged people.
Till next week, CHEERS.
Nvidia - Weekly Volatility SnapshotGood Afternoon! Let's talk NASDAQ:NVDA
Last week we saw HV10 (24.96%) increase above HV21 (23.67%) after starting what could be a regression towards HV63 (39.13%). IV (37.37%) entering this week reflects within 6% of it's sliding yearly lows and resonating around quarterly means. This could be showing a fair prediction to the regression potential and a volatility spike.
Here, the RSI has room but is elevated and hinged down with the MACD crossed red -- lagging indicators showing trend reversal. If bi-weekly values can find regression to quarterly; the implied range I would be watching is $135.47 - $148.47 with IV increasing affecting premium positively. If the grind up continues slowly, expect IV to melt and be watching for contracting HV10 ranges between $137.82 - $146.12 -- Keep an eye on the news, it will ever affect the broader markets and any underlying within.
Follow along through the week as we track our volatility prediction -- I will pull the charts back in at the end of the week to review!
CHEERS!
[06/16] Weekly GEX Roadmap - Diagonal Spreads or Put Hedges?📊 Weekly GEX Map (SPX)
This week’s GEX profile looks nearly identical to last week:
Positive bias above 6020 up to 6100
But a sticky chop zone remains from 5975 to 6020
Below 5950? That’s where things get interesting…
⚠️ What Happens If 5950 Fails?
In that case - welcome to negative gamma territory:
Delta becomes unstable → fast, erratic moves
Gamma loses influence → hedging effectiveness drops
Dealer hedging lags → market makers chase, not lead
Vega + theta distort readings → charm decay accelerates
Result:
GEX zones lose clarity.
Pinning breaks down.
Reactions become nonlinear and emotional.
If we drop below 5950, we might see acceleration instead of stabilization — despite the positive GEX profile.
💡 Trade Idea of the Week – With Caution
If not for Wednesday's macro risk (Fed rate decision), I'd suggest a bullish diagonal spread toward 6100–6150:
Limited downside
Defined risk
Covers the full squeeze zone
But with FOMC looming, I'd only hold this trade until Thursday and close once the debit doubles or earlier.
🧨 Macro + Geo Risks
Fed is priced for “no move” → any surprise = volatility spike
Rising tensions with Iran → oil and futures could react violently
Recommendation : Avoid OIL this week, especially futures and naked strategies
🛡️ Prefer Downside Protection?
If you expect weakness on SPX weekly:
Consider a put debit spread with the short leg at 5950, where the second strongest Put Support sits.
This type of structure can offer up to 6:1 reward-to-risk, making it one of the most efficient bearish hedges for this week.
If you enjoyed the above breakdown, feel free to check out my previous weekly analyses or explore my tools as well.
Until next time – Trade what you see, not what you hope,
– Greg @ TanukiTrade
NQ Power Range Report with FIB Ext - 6/20/2025 SessionCME_MINI:NQU2025
- PR High: 21930.25
- PR Low: 21745.75
- NZ Spread: 412.0
Key scheduled economic events:
08:30 | Philadelphia Fed Manufacturing Index
Session Open Stats (As of 1:05 AM 6/20)
- Session Open ATR: 377.21
- Volume: 155K
- Open Int: 230K
- Trend Grade: Neutral
- From BA ATH: -4.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22096
- Mid: 20383
- Short: 19246
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
German 40 Index – Sentiment Facing a Sterm TestSince hitting its most recent all time high of 24469 on June 5th the Germany 40 index has experienced some downside pressure as traders have moved to lock in profits on a very strong start to the year. This move has the potential to turn June into the worst monthly performance of 2025 so far, although there is still another 8 trading days to go.
This short-term shift in sentiment has been related to a combination of factors. The new all time high of 24469 hit on June 5th coincided with the latest ECB interest rate cut. However, at that meeting Madame Lagarde indicated in the press conference that more data on the path of inflation, trade tariffs with the US and Eurozone growth would be required before the ECB would consider cutting interest rates again.
This was followed by comments and headlines which suggested that progress on a trade deal between the US and EU was slow and would potentially continue past the original July 9th pause deadline set by President Trump.
Then in the last week sentiment has been rocked further by the spike in Oil prices driven by an escalating conflict between Israel and Iran that has seen them trade missile attacks for 7 straight days, alongside a growing concern that the US may also be seriously considering entering a direct conflict with Iran after Bloomberg reported yesterday that senior US officials are preparing for a possible strike in the coming days.
At the time of writing (0700 BST) this leaves the Germany 40 trading at 1 month lows around 23142 and suggests a consideration of the technical outlook, including potential support and resistance levels could be useful.
Technical Update: Watching 23235 Last Correction Low
Having posted a new all-time high on June 5th at 24469, a more extended price correction has developed in the Germany 40 index. Interestingly, as the chart below shows, this phase of weakness has seen closing breaks under what some might have anticipated would be support, marked by the Bollinger mid-average (currently 23862).
In previous reports, we have suggested that traders may use the Bollinger mid-average as an indicator of the possible direction of the current price trend. If the mid-average is rising with prices above it, the trend may be classed as an uptrend, while if the mid-average is falling with price activity below it, a downtrend might be in place.
As the chart shows, following the latest breaks below the mid-average, this has now turned lower, and traders might now be focusing on the possibilities for an extended phase of price weakness.
Let's consider the possible support or resistance levels that could be worthwhile for traders to focus on.
Potential Support Levels:
With Thursday’s initial price activity so far seeing further selling pressure, as the chart below shows, it might be suggested the next relevant support is already currently being tested with moves below 23235. This level is equal to the last correction low posted on May 23rd at 23235.
Traders might now be watching how this 23235 low support is defended on a closing basis over coming sessions, as confirmed breaks lower, while no guarantee of deeper price declines, might skew risks towards tests of the next potential support at 22303, which is equal to the 38.2% retracement of April 7th to June 5th strength.
Potential Resistance Levels:
Since the June 5th all-time high, an extended decline in price has already been seen, so a reactive recovery might be a possibility. However, having recently seen the mid-average turn lower, closing breaks back above its current 23862 level might now be required to trigger a phase of price recovery.
While much will depend on future price trends and market sentiment, if successful upside breaks above the 23862 mid-average are seen, it might lead to tests of 24469 which is the June 5th all-time high.
The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
Best Free Volatility Indicator on TradingView for Gold Forex
This free technical indicator will help you easily measure the market volatility on Forex, Gold or any other market.
It will show you when the market is quiet , when it's active and when it's dangerous .
We will go through the settings of this indicator, and you will learn how to set it up on TradingView.
Historical Volatility Indicator
This technical indicator is called Historical Volatility.
It is absolutely free and available on TradingView, MetaTrader 4/5 and other popular trading terminals.
TradingView Setup
Let me show you how to find it on TradingView and add it to your price chart.
Open a technical price chart on TradingView and open the "Indicators" menu (you will find it at the top of the screen).
Search "Historical Volatility" and click on it.
It will automatically appear on your chart.
"Length" parameter will define how many candles the indicator will take for measuring the average volatility. (I recommend keeping the default number, but if you need longer/shorter-term volatility, you can play with that)
Timeframe drop-down list defines what time frame the indicator takes for measuring the volatility. (I recommend choosing a daily timeframe)
And keep the checkboxes unchanged .
How to Use the Indicator
Now, let me show you how to use it properly.
Wider the indicator and analyse its movement at least for the last 4 months.
Find the volatility range - its low levels will be based on the lower boundary of the range, high levels will be based on its upper boundary.
This is an example of such a range on USDCAD pair.
When the volatility stays within the range, it is your safe time to trade.
When volatility approaches its lows, it may indicate that the market might be slow .
Highs of the range imply that the market is very active
In-between will mean a healthy market.
The Extremes
The violation of a volatility range to the downside is the signal that the market is very slow . This would be the recommended period to not trade because of high chance of occurrence of fakeouts.
An upward breakout of a voliatlity range is the signal of the extreme volatility . It will signify that the market is unstable , and it will be better to let it calm down before placing any trade.
Volatility Analysis
That is how a complete volatility analysis should look.
At the moment, volatility reached extreme levels on CADJPY pair.
The best strategy will be to wait till it returns within the range.
Remember This
With the current geopolitical uncertainty and trade wars, market volatility reaches the extreme levels.
Such a volatility is very dangerous , especially for newbie traders.
Historical volatility technical indicator will help you to easily spot the best period for trading and the moment when it is better to stay away.
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