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[A618] Historical Volatility Bands

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Historical Volatility Bands

To be used over 5 mins for best results

HVB is a standard deviation measure for Historical Volatility Percentile,
It helps you figure out the next level of Support and Resistances

> If the HVB width is narrow, its an indication for a Trending market day
> Price crossing the highest green band line symbolises a nice upmove
> Price crossing the lowest red band line symbolises a nice downmove
> Green and Red lines are levels of Support and Resistances with respect to Historical Volatility


Credits
Historical Volatility Percentile calculation part : cheatcountry

Link to cheatcountry idea


Hope this Helps!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.