TradingView
zzzcrypto123
9. Sept. 2020 16:30

Dual Volatility Stop 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Beschreibung

This merges Volatility Stop & its MTF version both published by u/TradingView . Background is colored green or red when both the current timeframe Vstop and higher timeframe Vstop point in same direction. Aim is to take the standard Vstop script which differentiates market from only uptrend/downtrend to uptrend/downtrend/sideways. There is a tradeoff with this, that there is no need for the Vstop to be always in a position which reduces trade time & frees up capital. However this leads to situations where it takes slightly more time to catch on to a trend after a reversal.

Green Background = Buy
Red Background = Sell
No Background = Flat

Versionshinweise

removed unneccesary code
Kommentare
toxguy749s
Very nicely done. Can you tell me if the background is prone to repaint?
zzzcrypto123
@toxguy749s, no repaint
toxguy749s
@zzzcrypto123, Thank you! Again, nice work.
zzzcrypto123
@toxguy749s, you're welcome
RB_TRADER
Thank You!
andrei_t
Thank You!
gopalsanthanam29
I am new pls help me with how to inout the code since it is half only. Could you pls send me the indicator to my email gopalsanthanam29@gmail.com. Thans for your help.
zzzcrypto123
@gopalsanthanam29, just click add to favorite scripts then select in chart window from favorites option
aftab07
woooooooooooooooooow
Bullish911Bear
amazing work. can you please help me to convert in pine script version 5 showing some error. i want to add in my indicator.
Mehr