OPEN-SOURCE SCRIPT
Indicator: Volatility Quality Index [VQI]

Volatility Quality Index (VQI), by Thomas Stridsman, points out the difference between bad and good volatility in order to identify better trade opportunities in the market.
This plots 3 lines:
- Red line is the VQI (actually, sum of VQI).
- Green line is the 9-period SMA of sum_of_VQI.
- Orange line is the 200-period SMA of sum_of_VQI.
Stridsman suggested to buy when VQI has increased in the previous 10 bars (use the SMAs) and sell when it has decreased in the previous 10 bars. IMO, use this with your other indicators as a confirmation signal.
More info: 3pips.com/volatility-quality-index-vq/
To use this indicator in your charts, click on "Share" button (top right on the chart). Click on "Make it mine" button on the dialog that pops up. Now, you will have a copy of this chart with the indicator's source code in it. Click on "{}" to open the source code of VQI_LB and save it to your custom scripts section.
This plots 3 lines:
- Red line is the VQI (actually, sum of VQI).
- Green line is the 9-period SMA of sum_of_VQI.
- Orange line is the 200-period SMA of sum_of_VQI.
Stridsman suggested to buy when VQI has increased in the previous 10 bars (use the SMAs) and sell when it has decreased in the previous 10 bars. IMO, use this with your other indicators as a confirmation signal.
More info: 3pips.com/volatility-quality-index-vq/
To use this indicator in your charts, click on "Share" button (top right on the chart). Click on "Make it mine" button on the dialog that pops up. Now, you will have a copy of this chart with the indicator's source code in it. Click on "{}" to open the source code of VQI_LB and save it to your custom scripts section.
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。
List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
List of my indicators at Appstore: blog.tradingview.com/?p=970
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。
List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
List of my indicators at Appstore: blog.tradingview.com/?p=970
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。