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已更新 Volatility Adjusted Relative Strength (VARS) - Histogram Option
I’ve developed a new version of VARS that includes an option to toggle it into a histogram view. I recommend using a single neutral color rather than the conventional “red below 0, green above 0” scheme — because true RS analysis shouldn’t rely on color cues. The focus should be on the immediacy and persistence of RS itself to capture that initial breakout move as the most optimal RRR entry. This also provides clearer insight and visualization into how RS functions (both traditional and VARS) since RS is a static EOD metric derived from a defined timeframe.
I want to emphasize again that VARS is useful to identify low-risk entries, with relative strength calibrated to the volatility of the reference index (in this case,
SPY). It is not used to determine my exits — those should be governed by a strict, non-discretionary framework for partial profit-taking and final exit of a position.
I want to emphasize again that VARS is useful to identify low-risk entries, with relative strength calibrated to the volatility of the reference index (in this case,
SPY). It is not used to determine my exits — those should be governed by a strict, non-discretionary framework for partial profit-taking and final exit of a position.版本注释
update chart display受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
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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。