Hi, iam Maria Terrell, Hope you’re having a great day!
Hey traders, looking for the best volatility indicator for TradingView? You’ve come to the right place! This post will give you all the info you need to know about using volatility indicators on TradingView. We’ll cover everything from what a volatility indicator is and how it works, to which ones are the most popular and how to use them in your trading. So buckle up and let’s get started - this is gonna be a wild ride!
What Is The Best Volatility Indicator On Tradingview? [Solved]
Adam Grimes created Sigma Spikes, one of the best volatility indicators around. It not only shows you whether the market is volatile or not, but my version can also detect any sudden shifts in the trend. So when you see that line turn green, it’s time to buy - and when it turns red, sell!
Average True Range (ATR): A measure of volatility that takes into account the magnitude of price movements over a given period. It is calculated by taking the average of the difference between the high and low prices for each period, and then multiplying it by a smoothing factor.
Bollinger Bands: A technical analysis tool used to measure market volatility by plotting two bands around a moving average line. The upper band indicates higher levels of volatility, while the lower band indicates lower levels of volatility.
Relative Strength Index (RSI): An oscillator-type indicator that measures momentum in price movements over time, with values ranging from 0 to 100. High RSI readings indicate high levels of market volatility, while low readings indicate low levels of market volatility.
Commodity Channel Index (CCI): An oscillator-type indicator that measures changes in price relative to an average value over time, with values ranging from -100 to +100. High CCI readings indicate high levels of market volatility, while low readings indicate low levels of market volatility
The best volatility indicator on TradingView is the Average True Range (ATR). It’s a great tool for traders, as it helps them identify when markets are volatile and when they’re not. Plus, it’s easy to use - just plug in the data and you’re good to go! So if you’re looking for an indicator that’ll give you an edge in trading, ATR is your best bet.
