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z-Score-Vola (Energy & Divergence)
Overview of Metrics
Vola z-Score: Measures how "nervous" the market is. It shows the number of standard deviations current volatility is from its 30-period average.
Trend Energy: Shows the momentum of volatility.
RISING: Increasing activity (Trend gaining strength)
FALLING: Decreasing activity (Trend losing steam).
Divergence:
A warning signal that appears when price hits a new high/low, but volatility is already dropping.
How to Trade with this Script
1. Breakout Hunting: Look for the SQUEEZE status. When the status changes to ELEVATED and Energy turns RISING, a massive move is likely starting.
2. Trend Confirmation: A healthy trend should have RISING Energy. If Energy turns FALLING while the trend continues, the move is becoming fragile.
3. Profit Taking: If the status hits EXTREME HIGH and a DIVERGENCE warning appears, consider tightening stop-losses or taking profits. The "fuel" for the move is running out.
Vola z-Score: Measures how "nervous" the market is. It shows the number of standard deviations current volatility is from its 30-period average.
Trend Energy: Shows the momentum of volatility.
RISING: Increasing activity (Trend gaining strength)
FALLING: Decreasing activity (Trend losing steam).
Divergence:
A warning signal that appears when price hits a new high/low, but volatility is already dropping.
How to Trade with this Script
1. Breakout Hunting: Look for the SQUEEZE status. When the status changes to ELEVATED and Energy turns RISING, a massive move is likely starting.
2. Trend Confirmation: A healthy trend should have RISING Energy. If Energy turns FALLING while the trend continues, the move is becoming fragile.
3. Profit Taking: If the status hits EXTREME HIGH and a DIVERGENCE warning appears, consider tightening stop-losses or taking profits. The "fuel" for the move is running out.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.