Also one of my favorite indicators. Very simple and easy to use. Essentially volatility bands with a technical analysis pattern, the triangle/wedge, which I have called "contraction signal". Put simply: When price is written in blue, volatility overall is falling. When the outer bands start to fatten up in blue, a contraction signal is forming. Works with any length of your choosing.
Great indicator. Where could I find more detailed information on how to use the indicator?
Thanks
Mithun_Mukherjee
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Hello Sir,
for your indicator "Revolution Volatility Bands With Range Contraction Signal VII" , how can i create a scanner for the same.
Like stocks trading in band , breakout from band and breakdown.
@Mithun_Mukherjee, are you able make screener for this now? @steffenrg Only because of this Indicator my trading style has been changed. With the help of other indicator my trade probability is 80%+ now. Thanks a ton.