OPEN-SOURCE SCRIPT
Actualizado

Variability Channel Index (by vitelot)

5 208
This is a momentum, trend, as well as a divergence indicator.
It is similar to CCI, though it is based on a slow and fast EMA in connection to ATR, which
allows to interprete it easily.
Both EMAs and ATR have customisable period.
Further explanation and basic usage can be found in the comment section inside the script.
Notas de prensa
Changed the arbitrary OS/OB levels in a dynamical and self consistent way involving
the standard deviation of VCI itself, which is also more statistically sound.
No tuning required anymore apart the usual lookback periods.

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.