This is a more advanced version of our free TVX indicator. TVS is a better . It is used the same way, but tracks changes better than the ATR.
Apple - AAPL on the Daily Time Frame
**ON THE CHART INDICATORS**
- In the Top Panel we have this Indicator the True which through use of the TVS tracks changes more accurately than the ATR
- Below the chart we have our OBV Standard Dev. which again is based on the On-Balance but calculated using Standard Deviations.
- n the Bottom Panel we have our accompanying Standard Deviation Indicator which gives the operator a plethora of options as to what the mean should be calculated from.
**MASTERS OF TRADING**
Many Thanks and Trade Safe!
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