OPEN-SOURCE SCRIPT

Future SD Projection

Aktualisiert
Future Standard Deviation Projector

This innovative indicator projects price volatility into the future, helping traders anticipate potential price ranges and breakouts. It calculates standard deviation bands based on recent price action and extends them forward, providing a unique perspective on future price movement possibilities.

Key Features:
- Projects standard deviation bands into the future
- Customizable lookback period for volatility calculation
- Adjustable future projection timeframe
- Flexible standard deviation multiplier
- Clear visual signals for band breaches

How it works:
1. Calculates standard deviation from recent closing prices
2. Projects upper and lower bands into the future
3. Plots these bands on the chart
4. Signals with arrows when closing price crosses projected bands

Use this indicator to:
- Gauge potential future price ranges
- Identify possible breakout levels
- Assess market volatility expectations
- Enhance your trading strategy with forward-looking volatility projections

Customize the settings to align with your trading timeframe and risk tolerance. Remember, while this tool offers valuable insights, it should be used in conjunction with other analysis methods for comprehensive trading decisions.

Note: Past performance and projections do not guarantee future results. Always manage your risk appropriately.
Versionshinweise
Future Standard Deviation Projector

This innovative indicator projects price volatility into the future, helping traders anticipate potential price ranges and breakouts. It calculates standard deviation bands based on recent price action and extends them forward, providing a unique perspective on future price movement possibilities.

Key Features:
- Projects standard deviation bands into the future
- Customizable lookback period for volatility calculation
- Adjustable future projection timeframe
- Flexible standard deviation multiplier
- Clear visual signals for band breaches

How it works:
1. Calculates standard deviation from recent closing prices
2. Projects upper and lower bands into the future
3. Plots these bands on the chart
4. Signals with arrows when closing price crosses projected bands

Use this indicator to:
- Gauge potential future price ranges
- Identify possible breakout levels
- Assess market volatility expectations
- Enhance your trading strategy with forward-looking volatility projections

Customize the settings to align with your trading timeframe and risk tolerance. Remember, while this tool offers valuable insights, it should be used in conjunction with other analysis methods for comprehensive trading decisions.

Note: Past performance and projections do not guarantee future results. Always manage your risk appropriately.
Bands and Channels

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

Haftungsausschluss