Williams Vix Fix Bottoms and Tops

With the Bollinger Band deviation, you have to remember that it looks back at the set amount of candles (20 by default) and uses those for the standard deviation: 1 dev = 68%, 2 dev = 95%, 3 dev = 99.7%
These percentages mean that at 2 dev, 95% of the last 20 candles will remain within the boundaries of the Bollinger Bands. Three tends to be too high, one is usually too low. Two is pretty good.
The lowest percentile option probably won't change much other than bring up the bottom line which doesn't effect the alerts or signals, just something to observe.
The highest percentile option makes a difference similar to the stand deviation and Bollinger Band. The higher you put it, the less likely it will get triggered but the more reliant it of a signal it should be.
As always, I have left notes throughout the code and I did leave in the code that was original but commented it out as I don't believe it's worth having.
I like to have the high/lows drawn, as well as the standard deviation. Then I find that the filtered entries are most accurate signals to follow. Simple entry is hit or miss, Aggressive entry is always early but sometimes that's not a great thing.
- You can now create an alert for when the bars bars on the indicator change from gray to green! This alert can also be triggered based on the number of green bars in a row.
- Added an integer input value that controls the number of green bars required to trigger an alert. This value is at the bottom of the settings for the indicator. It will be set to a default of 1 meaning only one green bar will be required to appear after a gray bar for an alert to be triggered. If set to 2, then two green bars in a row need to appear after a gray bar for the alert to be triggered, and so on.
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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.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.