Revolution Volatility Bands With Range Contraction Signal VII

USD/NOKOANDA

Description

⋅ May 21, 2020 12:34 AM

Also one of my favorite indicators. Very simple and easy to use. Essentially volatility bands with a technical analysis pattern, the triangle/wedge, which I have called "contraction signal". Put simply: When price is written in blue, volatility overall is falling. When the outer bands start to fatten up in blue, a contraction signal is forming. Works with any length of your choosing.

Comments

PineCoders

⋅ Jan 4, 2021 3:47 PM

neerajradio

⋅ Aug 4, 2021 1:58 PM

@PineCoders, hello sir...its great indicator??can u plz tell logic behind the volatility fall and price written in blue??

PineCoders

⋅ Aug 5, 2021 3:44 PM

@neerajradio, We'll let @steffenrg (the script's author) reply.

foolalgorithm

⋅ Nov 22, 2022 2:02 AM

@PineCoders, did I miss the reply? was it posted?

z28betz

⋅ Jul 21, 2022 9:05 PM

steffenrg, big hugs. very intuitive worm))

fuzzair

⋅ Dec 10, 2020 8:27 AM

Great indicator. Where could I find more detailed information on how to use the indicator?

Thanks

Mithun_Mukherjee

⋅ Jun 21, 2021 7:45 AM

Hello Sir,
for your indicator "Revolution Volatility Bands With Range Contraction Signal VII" , how can i create a scanner for the same.
Like stocks trading in band , breakout from band and breakdown.

thx a lot.
Regards
Mithun Mukherjee

itc_supremacy

⋅ Jan 5, 2022 12:59 PM

@Mithun_Mukherjee, did you manage to build one?

Mithun_Mukherjee

⋅ Jan 7, 2022 8:41 PM

@noobertrader, Not yet

Brajesoni

⋅ Oct 2, 2022 6:28 PM

@Mithun_Mukherjee, are you able make screener for this now? @steffenrg Only because of this Indicator my trading style has been changed. With the help of other indicator my trade probability is 80%+ now. Thanks a ton.