PROTECTED SOURCE SCRIPT
VWMA Volatility Oscillator
VWMA Volatility Oscillator
This oscillator uses Volume Weighted Moving Averages to plot the volume. When the average is on the bottom then there is a chance that volatility contractions could be happening and a expansion could happen soon. When the average can be seen "high" like peaking then this could mean that there already is a lot of volume and the expansion is already happening.
What are contractions and expansions?
Contractions are periods in the markets where the price range gets tighter signifying decreasing volatility.
After contractions, Expansions will occur which is a strong movement upwards or downwards and the range increases, which shows an increase in volatility.
How to use this indicator
The indicator has 3 VWMA lines. The indicator also has a bottom range by getting the lowest points of each of the VWMA lines. If the VWMA lines are at the bottom ranges this can signify low volatility and a contraction. This can mean that at any moment a expansion will happen and a possible pump or dump.
This oscillator uses Volume Weighted Moving Averages to plot the volume. When the average is on the bottom then there is a chance that volatility contractions could be happening and a expansion could happen soon. When the average can be seen "high" like peaking then this could mean that there already is a lot of volume and the expansion is already happening.
What are contractions and expansions?
Contractions are periods in the markets where the price range gets tighter signifying decreasing volatility.
After contractions, Expansions will occur which is a strong movement upwards or downwards and the range increases, which shows an increase in volatility.
How to use this indicator
The indicator has 3 VWMA lines. The indicator also has a bottom range by getting the lowest points of each of the VWMA lines. If the VWMA lines are at the bottom ranges this can signify low volatility and a contraction. This can mean that at any moment a expansion will happen and a possible pump or dump.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
Link Tree: linktr.ee/tradersendeavors
Access our indicators: patreon.com/user?u=80987417
Access our indicators: patreon.com/user?u=80987417
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
Link Tree: linktr.ee/tradersendeavors
Access our indicators: patreon.com/user?u=80987417
Access our indicators: patreon.com/user?u=80987417
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。