Borjas Tarh Explosive Pivots
This indicator includes:
1. Historical Volatility Percentile (HVP) +SMA+EMA
Core Idea (balipour): HVP Code Help (semiotic): www.tradingview.com/u/semiotic
For the Detailed Description read the Core (HVP) Idea indicator by "balipour" above.
2. Bollinger Bands Width (BBW)
It's an Oscillation of BBW So it's trapped between 0 to 100. (And Lightly Smoothed)
3. Volume Oscillator
The Volume is oscillated so it's trapped between 0 and -30. (And Lightly Smoothed)
Below 10 Means the Volume in the context of the Candle Volume is pretty low.
4. The Shapes
These Shapes are based of all factors above.
D (Blue) : HVPis pretty Low. An Explosive Move is Coming.
A (Yellow) : An Explosive Move is Building Up.
B (Orange) : An Explosive Move is Near.
C (Purple) : An Explosive Move Will Happen Very Soon.
There is an Alternative Set:
On = Annual HVP and Default BBW.
Off = Fibonacci HVP and BBW.
© mrhashem
© Borjas Tarh Company
This indicator includes:
1. Historical Volatility Percentile (HVP) +SMA+EMA
Core Idea (balipour): HVP Code Help (semiotic): www.tradingview.com/u/semiotic
For the Detailed Description read the Core (HVP) Idea indicator by "balipour" above.
2. Bollinger Bands Width (BBW)
It's an Oscillation of BBW So it's trapped between 0 to 100. (And Lightly Smoothed)
3. Volume Oscillator
The Volume is oscillated so it's trapped between 0 and -30. (And Lightly Smoothed)
Below 10 Means the Volume in the context of the Candle Volume is pretty low.
4. The Shapes
These Shapes are based of all factors above.
D (Blue) : HVPis pretty Low. An Explosive Move is Coming.
A (Yellow) : An Explosive Move is Building Up.
B (Orange) : An Explosive Move is Near.
C (Purple) : An Explosive Move Will Happen Very Soon.
There is an Alternative Set:
On = Annual HVP and Default BBW.
Off = Fibonacci HVP and BBW.
© mrhashem
© Borjas Tarh Company
Notas de prensa:
Settings Updated.
Notas de prensa:
Style Update.
Notas de prensa:
Added 2 types of Smoothing:
Options:
No Smoothing
Lite Smoothing
Heavy Smoothing
Source Update. Code Tweaks.
Options:
No Smoothing
Lite Smoothing
Heavy Smoothing
Source Update. Code Tweaks.
Notas de prensa:
Updated BBW Formula.
Updated Code Styling.
Updated Code Styling.
Notas de prensa:
Updated to v5 Pinescript.
Without Risk and Position Management, You WILL Lose Money.