Invsto's Volatility Gold : Experiments with some new concepts to define volatility.
Recommended for more volatile instruments. May NOT work with indices.
Criteria:
LIME/green -> BULLISH -> below the 1 line
FUCHSIA/red -> BEARISH -> above the 1 line
Usage:
- MA length controls how fast the indicator will react to a volatility change
- Threshold defines when you define something to be volatile