vict0rchan
5 posts
msg #150909
- Ignore vict0rchan
modified |
2/25/2020 12:54:31 AM
*** Dual Volatility Indicator ***
This indicator make use of 2 volatility indicators:
1. Average True Range (ATR): measures intraday volatility
2. Bollinger Band (BB): measures day-to-day volatility with respect to the mean (simple moving average)
When both of these readings are low, it is usually a good time enter the market, especially for buying options.
Or the two Oscillators could be combined into one by averaging them:
*** Dual OB/OS Indicator ***
Likewise, one could add a dual OB/OS Indicator which combines the RSI and W%R:
1. Relative Strength Index (RSI): measures accumulative day-to-day bull/bear momentum.
2. William %R (W%R): relative position to a period's range.
Cheers,
Victor
|