Indicators - Free Alpha

RSI Volatility Bands

Spot entries and exits. Dynamically adjusted by volatility to avoid bear and bull traps.

Introduction

You know an inherent difficulty in Trend Analysis: In a trending yet volatile market environment it can get difficult to stay on course. Bear and bull traps are common.

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Selling on a suspected nuke can steal a lot of percentages from you. Even worse, not re-entering in time will cost you opportunity and adds insult to the injury.

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To avoid getting trapped, we added dynamic π“₯𝓸𝓡π“ͺ𝓽𝓲𝓡𝓲𝓽𝔂 𝓑π“ͺ𝓷𝓭𝓼 into the visualization and calculations, for this trend-following RSI and its signals.

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Your Benefits
  • Avoid getting caught in bear or bull traps.
  • See dynamic bands to easily estimate volatility.
  • Add to your trend analysis indicator stack to add confluence for your decisions
  • Part of our "Free Alpha" package

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The indicator is highly adaptable. You canselect a custom moving average which gets calculated based on the RSI. The delta then gets smoothed and forms the π“₯𝓸𝓡π“ͺ𝓽𝓲𝓡𝓲𝓽𝔂 𝓑π“ͺ𝓷𝓭𝓼 in a clean visualization.

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You can click thebutton below to add this indicator to your stack. Use it together with other indicators to refine and add to your information on the market.

Performance Highlights
The signals between these two successful swing trades have been filtered out in the rangefilter. Both trades entered and exited upon signal and were taken by Spot trades – no leverage.

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Always combine multiple indicators to get confluence for additional certainty in your signals.Β 

How to use