HVP can't be used for direction - Wrong (BTC)
You may have heard on other platforms and media, so-called experts telling you that Historical Volatility Percentile (HVP) can't be used to tell direction and this is simply just wrong.
Our communities have identified 6 scenarios that accurately predict price action.
Idea Concept
This published idea today, is sharing one scenario in the hope you all see value in joining the revolution of volatility trading, and harnessing the power behind the mighty Historical Volatility Percentile and Correlation with P-Value & Confidence Interval!
1. When volatility is expanding on the Historical Volatility Percentile, while the Correlation is going into significant negative correlation then the price action will always DUMP.
2. Enter when volatility expands above your HVP Moving Average and exit when volatility contracts below the HVP MA
Back test it yourself, you will be amazed. This trade captured a 25% drop in BTC
There are many amazing indicators that volatility traders use on a daily basis, and these indicators simply just work. No longer are you hoping that some magical Moving Average is going to have an impact on price
For this idea, I have used two publicly available indicators from balipour
Our communities have identified 6 scenarios that accurately predict price action.
Idea Concept
This published idea today, is sharing one scenario in the hope you all see value in joining the revolution of volatility trading, and harnessing the power behind the mighty Historical Volatility Percentile and Correlation with P-Value & Confidence Interval!
1. When volatility is expanding on the Historical Volatility Percentile, while the Correlation is going into significant negative correlation then the price action will always DUMP.
2. Enter when volatility expands above your HVP Moving Average and exit when volatility contracts below the HVP MA
Back test it yourself, you will be amazed. This trade captured a 25% drop in BTC
There are many amazing indicators that volatility traders use on a daily basis, and these indicators simply just work. No longer are you hoping that some magical Moving Average is going to have an impact on price
For this idea, I have used two publicly available indicators from balipour
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.