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Volatility Bands
Volatility Bands
The Volatility Bands indicator, attempts to present a way to measure and visualize volatility, using standard deviations (σ) and average true range indicator, and aims to point out areas that might indicate potential trading opportunities. Volatility Bands indicator combines the approach of both Bollinger Bands and Keltner Channel, with different settings and different visualization
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Manufacturer:
nt8indicators
SKU:
VBAND
Vendor:
nt8Indicators
$9.90
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confirmation indicator
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Trend Direction and Force Index
Developed by psychologist and trader Alexander Elder, it was first published in his 1993 book, “Trading for a Living”. This indicator is an oscillator that swings between 1 and -1 and can be qualified as a zero cross by combining both price movement and volume. It has the added advantage of displaying a neutral zone where no significant bull or bear “force” exists, and the market has no distinct direction. This area is between -0.05 and +0.05 as noted on the indicator levels.
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