Volatility Ranges LAB

9. Jan.

Description This is the "LAB" edition of a comprehensive Volatility Analysis System designed for precision trading. It combines multi-timeframe statistical ranges (ADR, AWR, AMR) with a real-time Data Dashboard to visualize expected market moves.

Underlying Concepts & Methodology The indicator calculates volatility based on historical averages using either SMA or RMA (Wilder's Smoothing).

Anchoring: Projects ranges from the opening price. Includes a specialized NY Midnight Open (00:00 EST) anchor for accurate Forex alignments.

Projections: Plots standard volatility limits (100%) and exhaustion extensions (up to 200%) to identify overextended price action.

Dashboard: A built-in panel monitors the current status of all three timeframes (Daily, Weekly, Monthly), acting as a risk scanner.

Key Features

3 Timeframes: Simultaneous Daily (ADR), Weekly (AWR), and Monthly (AMR) levels.

Expansion Zones: Optional levels (125%, 150%, 200%) to spot extreme reversals.

Smart Dashboard: Color-coded table indicating risk levels (Traffic Light system).

Customization: Full control over colors, line styles, and label visibility.

How to Use

Targeting: Use the 100% lines as statistical take-profit zones.

Reversals: When price reaches expansion zones (e.g., 125% of ADR), the probability of a reversal increases significantly.

Dashboard: Use it to check if the asset has already consumed its average range for the day/week.

[English Translation of User Interface]

To comply with House Rules regarding non-English UI, here is the translation of the script's settings menu:

0. Rótulos (Labels)

Tamanho do Texto = Text Size

Mostrar Período/Nome/Preço = Show Period/Name/Price

Mostrar Variação Real % = Show Real % Variation

1. Geral (General)

Escala do Gráfico = Chart Scale (Linear/Log)

Método de Cálculo = Calculation Method (SMA/RMA)

2. ADR (Daily Settings)

Ativar ADR = Enable ADR

Período Média = Average Period (Days)

Usar NY Midnight Open = Use NY Midnight Open

Projeção Futura = Future Projection (Bars)

Mostrar Expansões = Show Expansions (125-200%)

Estilo/Espessura = Style/Width

Cor Máxima/Mínima = High/Low Color

Mostrar Terços/25%/50% = Show Thirds/25%/50%

3. AWR (Weekly Settings)

Ativar AWR = Enable AWR

Período Média = Average Period (Weeks)

Usar Abertura Semanal = Use Weekly Open Ref

4. AMR (Monthly Settings)

Ativar AMR = Enable AMR

Período Média = Average Period (Months)

5. Dashboard

Mostrar Dashboard = Show Dashboard

Tema de Fundo = Background Theme (Dark/Light)

Unidade de Medida = Unit (Points/Pips)

Psicologia das Cores = Color Psychology (Traffic Light/Heatmap)

Posição na Tela = Screen Position

vor 3 Tagen

Versionshinweise

Description This is the "Final Gold" Edition (v43) update to the Volatility Ranges LAB, a professional volatility mapping system. It projects statistical ranges (ADR, AWR, AMR) based on historical averages to identify exhaustion points and targets.

What's New in the "Gold Edition"?

Hybrid Anchoring Engine: A completely rewritten calculation engine that synchronizes server-side daily data with local intraday calculations. This ensures that ADR lines anchor perfectly to the NY Midnight Open (00:00 EST) without misalignment on lower timeframes (1m, 5m).

New Institutional Palette: Colors have been updated to a professional standard: Daily (Orange), Weekly (Cyan), and Monthly (Royal Blue) for better contrast.

Geometry Levels: Added native support for "Thirds" (33.3% / 66.6%), often used in algorithmic retraction strategies.

Dashboard Themes: Added a specific "Light Mode" for the dashboard to support non-dark chart layouts.

Underlying Concepts

Statistical Exhaustion: The indicator calculates the Average Daily/Weekly/Monthly Range (SMA or RMA). When price exceeds 100% of this average, the probability of a reversal increases statistically.

Risk Management Dashboard: The panel shows the "Remaining" range (how many points/pips are left to reach the average), helping traders avoid entering late into exhausted moves.

How to Use

Targeting: Use the "Remaining" column in the dashboard to check if the asset has enough fuel to reach your Take Profit.

Reversals: Watch for reactions at the 100% (Average) and the new "Thirds" levels (33%/66%).

[English Translation of User Interface]

To comply with House Rules regarding non-English UI, here is the translation of the updated settings menu:

0. Rótulos (Labels)

Tamanho do Texto = Text Size

Mostrar Período/Nome/Preço = Show Period/Name/Price

Mostrar Variação Real % = Show Real % Variation (from Open)

1. Geral (General)

Escala do Gráfico = Chart Scale (Linear/Log)

Método de Cálculo = Calculation Method (SMA vs. RMA/ATR)

2. ADR (Daily Settings)

Ativar ADR = Enable ADR

Período Média = Average Period (Days)

Usar NY Midnight Open = Use NY Midnight Open (Hybrid Anchoring)

Projeção Futura = Future Projection

Mostrar Expansões = Show Expansions (125-200%)

Mostrar Terços = Show Thirds (33%/66%)

3. AWR (Weekly) & 4. AMR (Monthly)

Ativar AWR/AMR = Enable AWR/AMR

Período Média = Average Period

Mostrar Linha Zero = Show Zero Line (Open)

5. Dashboard

Mostrar Dashboard = Show Dashboard

Tema de Fundo = Background Theme (Dark/Light)

Unidade de Medida = Unit (Points vs. Pips)

Psicologia das Cores = Color Logic (Traffic Light vs. Heatmap)

Posição = Position

vorgestern

Versionshinweise

This is the "Master Edition" (v44) update to the Volatility Ranges LAB.

New Features in v44:

1. New "Position %" Column:
Added a dynamic column to the Dashboard that calculates exactly where the price sits relative to the Opening Anchor (0%).
- Positive values (Green): Price is above open (Premium Zone).
- Negative values (Red): Price is below open (Discount Zone).
- Use Case: Helps traders instantly visualize if the asset is Overbought or Oversold relative to its statistical range.

2. Refined Hybrid Anchoring:
We perfected the visual logic for the opening lines. The indicator now intelligently switches between "Visual Pinning" (for lower timeframes/intraday) to ensure lines start exactly at the candle open, and "Server-Side Locking" (for higher timeframes) to maintain mathematical precision.

3. Updated Defaults:
Refined color palette (Orange/Cyan/Royal Blue) for better contrast and updated default periods for scalping/intraday precision.