PROTECTED SOURCE SCRIPT
Relative Candle Volatility & Directionality Index
Actualizado
This is an enhanced (closed-source) implementation of the Relative Candle Volatility Index (RCVI), with a Relative Candles Directionality Index (RCDI) added.
Buy/Sell strategy circle-markers, derived base on the interaction between the RCVI and the RCDI , are also introduced in this edition.
The parameters should be manually "history-matched", for a particular chart and time-frame, for the best result.
RCVI QUICK GUIDE:
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Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
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Please check out my other indicators sets and series, e.g.
Constructive feedback and suggestions are welcome.
~JuniAiko
(=^~^=)v~
- When the RCVI switch significantly positive, it indicates a sudden increase in volatility ; whereas, when the RCVI switch significantly negative, it indicates a sudden decrease in volatility -- in relative to the (just prior) market trend.
- A positive (green) RCDI indicates a net positive price trend, while a negative (red) RCDI indicates a net negative price trend.
Buy/Sell strategy circle-markers, derived base on the interaction between the RCVI and the RCDI , are also introduced in this edition.
The parameters should be manually "history-matched", for a particular chart and time-frame, for the best result.
RCVI QUICK GUIDE:
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Note:
In no way is this intended as a financial/investment/trading advice. You are responsible for your own investment decisions and trades.
Please exercise your own judgement for your own trades base on your own risk-aversion level and goals as an investor or a trader. The use of OTHER indicators and analysis in conjunction (tailored to your own style of investing/trading) will help improve confidence of your analysis, for you to determine your own trade decisions.
~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Please check out my other indicators sets and series, e.g.
- LIVIDITIUM (dynamic levels),
- AEONDRIFT (multi-levels standard deviation bands),
- FUSIONGAPS (MA based oscillators),
- MAJESTIC (Momentum/Acceleration/Jerk Oscillators),
- PRISM (pSAR based oscillator, with RSI/StochRSI as well as Momentum/Acceleration/Jerk indicators),
- PDF (parabolic SAR /w HighLow Trends Indicator/Bar-color-marking + Dynamic Fib Retrace and Extension Level)
- and more to come.
Constructive feedback and suggestions are welcome.
~JuniAiko
(=^~^=)v~
Notas de prensa
Updated input descriptions.Notas de prensa
Introduced RCVI- and RCDI-softening factors.Notas de prensa
Refactored RCDI ScriptNotas de prensa
Added Alert conditions.Notas de prensa
Set Default Confirmation Period to only "1".Users can adjust this parameter for a particular chart and time-frame to reduce false-positives wrt to historical trend, before proceeding to use to predict next move, etc.
Notas de prensa
Plot titles are now made more descriptive to make it easier to define Alerts.Certain conditions base were implemented in my Strategies, which have substantially boosted their profitability, viz.:
- Increasing trading activities when RCVI is above the upper threshold.
- Stop all trading activities when RCVI drops below the lower threshold.
- Reduce score-threshold to register a buy order when RCDI is bullish and above 0.5.
- Reduce score-threshold to register a sell order when RCDI is bearish and below -0.5.
See also:
AEONDRIFT-K
Notas de prensa
Shifted Directionality (RCDI) plot down, and also added a Directionality Momentum (RCDM) plot over it.Notas de prensa
Updated signal marker colors.Notas de prensa
User can now Enable/Disable the offsetting of RCDI and RCDM plots.Disabling this option will overlay the RCVI with the RCDI and RCDM plots.
Notas de prensa
Implemented RCD-RSI and RCD-StochRSI (plots can be disabled in the settings).Notas de prensa
Directionality-Acceleration/Jerk Oscillators added right below the Directionality and Directionality-Momentum plots.Notas de prensa
Allows custom RSI and Stochs source.Notas de prensa
Updated presentation of oscillators.Notas de prensa
Significant tweaks.Notas de prensa
Updated defaults.Notas de prensa
Corrected minor bug.Notas de prensa
Disabled RSI/Stochs as default.Notas de prensa
Introduced RCVI % rescaling.Notas de prensa
Introduced RCDI rescaling.Script protegido
Este script se publica con código cerrado, pero puede utilizarlo libremente. Márquelo como favorito y podrá usarlo en un gráfico. El código fuente no se puede ver ni modificar.
¿Quiere utilizar este script en un gráfico?
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