This simple script creates a moving average system weighted by volatility. The moving averages are less sensitive to price action than the typical moving averages we use, and their crossovers can be used to identify extended trends.
I've colored the background depending on trend. Ideally in the future, I'll draw long or short signals on-chart depending on the width between the bands, which works as a faster indicator of trend-change than crossover does.
Hope you all enjoy. Happy holidays.
I've colored the background depending on trend. Ideally in the future, I'll draw long or short signals on-chart depending on the width between the bands, which works as a faster indicator of trend-change than crossover does.
Hope you all enjoy. Happy holidays.
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Invite-only indicators: www.patreon.com/wbburgin/membership
Test my strategies on CryptoRobotics: cryptorobotics.co/?trade=f23b09
Invite-only indicators: www.patreon.com/wbburgin/membership
Test my strategies on CryptoRobotics: cryptorobotics.co/?trade=f23b09