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z-Score-Vola (Energy & Divergence)
Overview of Metrics
Vola z-Score: Measures how "nervous" the market is. It shows the number of standard deviations current volatility is from its 30-period average.
Trend Energy: Shows the momentum of volatility.
RISING: Increasing activity (Trend gaining strength)
FALLING: Decreasing activity (Trend losing steam).
Divergence:
A warning signal that appears when price hits a new high/low, but volatility is already dropping.
How to Trade with this Script
1. Breakout Hunting: Look for the SQUEEZE status. When the status changes to ELEVATED and Energy turns RISING, a massive move is likely starting.
2. Trend Confirmation: A healthy trend should have RISING Energy. If Energy turns FALLING while the trend continues, the move is becoming fragile.
3. Profit Taking: If the status hits EXTREME HIGH and a DIVERGENCE warning appears, consider tightening stop-losses or taking profits. The "fuel" for the move is running out.
Vola z-Score: Measures how "nervous" the market is. It shows the number of standard deviations current volatility is from its 30-period average.
Trend Energy: Shows the momentum of volatility.
RISING: Increasing activity (Trend gaining strength)
FALLING: Decreasing activity (Trend losing steam).
Divergence:
A warning signal that appears when price hits a new high/low, but volatility is already dropping.
How to Trade with this Script
1. Breakout Hunting: Look for the SQUEEZE status. When the status changes to ELEVATED and Energy turns RISING, a massive move is likely starting.
2. Trend Confirmation: A healthy trend should have RISING Energy. If Energy turns FALLING while the trend continues, the move is becoming fragile.
3. Profit Taking: If the status hits EXTREME HIGH and a DIVERGENCE warning appears, consider tightening stop-losses or taking profits. The "fuel" for the move is running out.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, Anda dapat menggunakannya dengan bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.