OPEN-SOURCE SCRIPT
VOLATISPHERE + Alert
VOLATISPHERE — Volatility-Based Trend & Reversion Indicator
The VOLATISPHERE is a powerful multi-functional indicator designed to detect volatility-driven price extremes, mean-reversion opportunities, and multi-timeframe trend direction using adaptive dynamic bands.
🔍 Core Features
Volatility Bands: Calculates dynamic upper, middle, and lower bands based on average high-low range and ATR, scaled by a customizable standard deviation.
Mean Reversion Signal: A normalized oscillator identifies potential overbought/oversold zones and triggers mean reversion signals (🞛 for bullish, 🞜 for bearish) when price deviates strongly from the bands.
Band Color Logic: The color of the middle band adapts based on trend momentum — green for bullish shifts and red for bearish turns.
Auto-Labeling: Real-time dynamic labels display current band levels for better readability on the chart (upper and lower bands in white, middle band in trend color).
📊 Multi-Timeframe Trend Dashboard
A built-in TrendMeter table displays the current trend status (Bullish / Bearish / Neutral) across multiple timeframes: 5m, 15m, 1H, 4H, Daily, and Weekly. This provides a quick overview of broader market alignment.
🔔 Alerts
Custom alert conditions are available for:
Price crossing each band (upper, middle, lower)
Entry signals from overbought/oversold zones
The VOLATISPHERE is a powerful multi-functional indicator designed to detect volatility-driven price extremes, mean-reversion opportunities, and multi-timeframe trend direction using adaptive dynamic bands.
🔍 Core Features
Volatility Bands: Calculates dynamic upper, middle, and lower bands based on average high-low range and ATR, scaled by a customizable standard deviation.
Mean Reversion Signal: A normalized oscillator identifies potential overbought/oversold zones and triggers mean reversion signals (🞛 for bullish, 🞜 for bearish) when price deviates strongly from the bands.
Band Color Logic: The color of the middle band adapts based on trend momentum — green for bullish shifts and red for bearish turns.
Auto-Labeling: Real-time dynamic labels display current band levels for better readability on the chart (upper and lower bands in white, middle band in trend color).
📊 Multi-Timeframe Trend Dashboard
A built-in TrendMeter table displays the current trend status (Bullish / Bearish / Neutral) across multiple timeframes: 5m, 15m, 1H, 4H, Daily, and Weekly. This provides a quick overview of broader market alignment.
🔔 Alerts
Custom alert conditions are available for:
Price crossing each band (upper, middle, lower)
Entry signals from overbought/oversold zones
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.