Volatility Funnel v2

Tesla, Inc.NASDAQ

Description

⋅ Jan 3, 2022 6:45 PM

Using the contracting phase of what are basically bollinger bands and some fancy coloring, this indicator draws funnels to which show tightening ranges and doesn't take up too much screen space unless you want it to.

There is a smoothing option if you're into that.

Enjoy!!!

Bollinger Bands (BB)hvf funnel volatilityfunnel breakout equilibrium

Comments

JackHertz

⋅ Jul 22, 2023 5:42 AM

Magical script! Thanks. Would you suggest an optimum MA length for the Monthly timeframe? Thanks again!