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Rumpy's Volume Weighted ALMA Trend and Volatility
A number of experiments have been tested, refined and combined into a trend following system.
There's elements of pivot boss, multiple length volume weighted ALMA based trend detection (optional MTF) and my own "chandelier" based cycle/volatility bands.
Inner bands indicate short term volatility range, support/resistance, Outer bands medium term.
Inner band colour represents short term trend and can indicate early a possible trend change, trend weakening etc.
Confirmed by the medium term trend and the chart background MTF trend.
High volatility events can indicate tops/bottoms, or at the very least cautionary areas where at the very least partial TP/more active risk management should come into play.
During periods of prolonged sideways/chop you will get mixed signals and it is best to wait for a good high volatility/volume breakout before considering an entry.
Additional notes on the chart.
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A lot of time and effort went into this one, if you find it useful please consider a tip/donation : BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
There's elements of pivot boss, multiple length volume weighted ALMA based trend detection (optional MTF) and my own "chandelier" based cycle/volatility bands.
Inner bands indicate short term volatility range, support/resistance, Outer bands medium term.
Inner band colour represents short term trend and can indicate early a possible trend change, trend weakening etc.
Confirmed by the medium term trend and the chart background MTF trend.
High volatility events can indicate tops/bottoms, or at the very least cautionary areas where at the very least partial TP/more active risk management should come into play.
During periods of prolonged sideways/chop you will get mixed signals and it is best to wait for a good high volatility/volume breakout before considering an entry.
Additional notes on the chart.
-------------------------------------------------------
A lot of time and effort went into this one, if you find it useful please consider a tip/donation : BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA
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。
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。
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。