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DCVIX

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The DCVIX is a modified version of the Williams Vix Fix indicator.

It is a volatility based indicator based on Bollinger Bands and Standard Deviations. It is designed to assist you in identifying times of high and low volatility.

During times of high volatility (squeeze), price action often finds a local bottom. During times of low volatility, price action often finds a local top.
The DCVIX will print aqua bars on the histogram during times of high volatility (squeeze). This will assist you in identifying potential price action bottom.
The DCVIX also shows the changes in volatility based on the size of the bars. This may also assist you in identifying breakouts and even potential market tops.

This indicator is designed to be used in conjunction with other forms of confluence.
Sürüm Notları
Updated to V6

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.