OPEN-SOURCE SCRIPT

Pivots, Compressions and Extensions

Pivots, Compressions and Extensions

Best used with a monochromatic bar chart, ex. light gray bars that allow signals to stand out.///

Blue = volatility expansion warning, this means volatility has been compressed and is starting a new phase of volatility expansion.
(cont.) Think a ball at the top of a hill with very low positional volatility but high potential energy. Blue bars mark the point
(cont.) where potential energy starts to transition into kinetic energy. This often 'cycles' into a new regime of higher volatility.

Pink & purple bars signify extreme, exponential trend, often the climax of a particular bull or bear cycle. Can help identify tops.

Orange is meant to signal a pocket pivot as described by Rollytrader among others. This pivot marks the end of consolidation.
Pivot PointsVolatility

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

想在图表上使用此脚本?

免责声明