WAVE-PM (Whistler's Active Volatility Energy - Price Mass)

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin


Re: WAVE-PM (Whistler's Active Volatility Energy - Price Mas

Postby Asack55 » Thu Jun 16, 2016 12:51 pm

I second fxdirekt's comment. Color coded sloping would be a massive improvement. Any possibility for assistance on this? Thankyou!
Asack55
 
Posts: 14
Joined: Thu Jun 16, 2016 12:42 pm


Re: WAVE-PM (Whistler's Active Volatility Energy - Price Mas

Postby jaricarr » Sun Jun 19, 2016 1:28 pm

Hi all,

Just wanted to share this link to Mark Whistlers videos in YouTube.

https://youtu.be/lfPehe_x8h0

Thanks,
JariCarr
Many thanks,
JariCarr
jaricarr
FXCodeBase: Initiate
 
Posts: 102
Joined: Fri Feb 19, 2016 12:39 pm

Re: WAVE-PM (Whistler's Active Volatility Energy - Price Mas

Postby jaricarr » Tue Jun 21, 2016 1:14 pm

Hi,

Can someone please explain how to use this indicator ?

Thanks,
Many thanks,
JariCarr
jaricarr
FXCodeBase: Initiate
 
Posts: 102
Joined: Fri Feb 19, 2016 12:39 pm

Re: WAVE-PM (Whistler's Active Volatility Energy - Price Mas

Postby Asack55 » Fri Jun 24, 2016 8:31 am

To get a really clear view of how this works you need to read the book Volatility illuminated. Essentially it is two normalized bollinger bands, readings below .5 tells us that the market is compressed and that there may be a strong move soon .9 tells us that the move is pushing full throttle. The indicator is not directional, it is only concerned with volatility. Take a look at your chart on the daily and mark places where the short term and long term compression are below .5 and what happens as price moves above .5 to get an idea of how this works.
Asack55
 
Posts: 14
Joined: Thu Jun 16, 2016 12:42 pm

Re: WAVE-PM (Whistler's Active Volatility Energy - Price Mas

Postby jaricarr » Sun Jun 26, 2016 6:01 pm

Thanks for your reply Asack5,

Will give your recommendations a try.

Be well,
JariCarr
Many thanks,
JariCarr
jaricarr
FXCodeBase: Initiate
 
Posts: 102
Joined: Fri Feb 19, 2016 12:39 pm

Re: WAVE-PM (Whistler's Active Volatility Energy - Price Mas

Postby Asack55 » Tue Aug 09, 2016 2:33 pm

Is it possible to create an alert strategy when the long line crosses above .5?
Asack55
 
Posts: 14
Joined: Thu Jun 16, 2016 12:42 pm


Re: WAVE-PM (Whistler's Active Volatility Energy - Price Mas

Postby Asack55 » Fri Oct 21, 2016 6:43 pm

Anybody know if there is an MT4 version of this indicator? Been looking and the links to purchse them are dead.
Asack55
 
Posts: 14
Joined: Thu Jun 16, 2016 12:42 pm

PreviousNext

Return to Custom Indicators

Who is online

Users browsing this forum: Bing [Bot] and 52 guests