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COV Bands ~ C H I P A
COV Bands ~ C H I P A is a custom volatility and trend identification tool designed to capture directional shifts using the Coefficient of Variation (COV), calculated from standard deviation relative to a mean price baseline.
Key features include:
A configurable SMA-based mean baseline to anchor volatility measurements clearly.
Adjustable upper and lower band multipliers to independently calibrate sensitivity and responsiveness for bullish or bearish breakouts.
Dynamic bands derived from price-relative volatility (COV), enabling adaptive identification of significant price deviations.
User-controlled standard deviation length to manage sensitivity and smoothness of volatility signals.
Direct candle coloring, providing immediate visual feedback using vibrant electric blue for bullish momentum and bright red for bearish momentum.
This indicator is particularly useful for detecting meaningful price movements, breakout signals, and potential reversals when the market moves significantly beyond its typical volatility boundaries.
Note: This indicator has not undergone formal robustness or optimization testing. Therefore, future performance in live trading environments isn't guaranteed.
Key features include:
A configurable SMA-based mean baseline to anchor volatility measurements clearly.
Adjustable upper and lower band multipliers to independently calibrate sensitivity and responsiveness for bullish or bearish breakouts.
Dynamic bands derived from price-relative volatility (COV), enabling adaptive identification of significant price deviations.
User-controlled standard deviation length to manage sensitivity and smoothness of volatility signals.
Direct candle coloring, providing immediate visual feedback using vibrant electric blue for bullish momentum and bright red for bearish momentum.
This indicator is particularly useful for detecting meaningful price movements, breakout signals, and potential reversals when the market moves significantly beyond its typical volatility boundaries.
Note: This indicator has not undergone formal robustness or optimization testing. Therefore, future performance in live trading environments isn't guaranteed.
开源脚本
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。