Volatility Breakout Indicator

phanz · 2021-08-27T08:28:53+00:00

Volatility breakout indicator There is not much documentation on the usage of this indicator. I am wondering how would one harness this indicator as entry and exit? It looks like its kind of a breakout strategy, as for long position, one will enter upon the breakout of its upper channel, and exit either price cross under the upper channel again(?), or maybe cross under the lower channel(?). What was the original usage of this indicator? Is it cross over of the upper or bottom channel? Or maybe another way of using it? More insights into this indicator will be greatly appreciated. Thanks.

Viewing 3 posts - 1 through 3 (of 3 total)

Author

Posts
08/27/2021 at 9:28 AM #176350 quote

phanz
Participant

Average

Volatility breakout indicator

There is not much documentation on the usage of this indicator. I am wondering how would one harness this indicator as entry and exit?

It looks like its kind of a breakout strategy, as for long position, one will enter upon the breakout of its upper channel, and exit either price cross under the upper channel again(?), or maybe cross under the lower channel(?). What was the original usage of this indicator? Is it cross over of the upper or bottom channel? Or maybe another way of using it?

More insights into this indicator will be greatly appreciated. Thanks.

08/31/2021 at 5:01 PM #176546 quote

phanz
Participant

Average

Hi guys, seems like this indicator is not very popular? I am struggling to find more documentation on this also. Can anyone pls give some insights on how to use this indicator pls? Has anyone found success in using this for their algo?

Tks

09/01/2021 at 9:19 AM #176571 quote
Nicolas
Keymaster

Legend
When the volatility measured by this indicator: https://www.prorealcode.com/prorealtime-indicators/volatility-cycle/ is low (means = -1)

and
- if the percentage of price between last high fractal and close is superior to “change”, then the upper channel is equal to last highest high
- if the percentage of price between last low fractal and close is superior to “change”, then the lower channel is equal to last lowest low
so it gives levels of possible breakout

phanz thanked this post
Author

Posts