This is my most trusted risk metric. Time to buy.
Updated
This is the log difference from the price to the 20 week moving average. Has always been a great top and bottom indicator so far and we're currently at 9% risk. We won't be going that much lower so I would recommend to start accumulating at these levels.
Comment
I'm not going to elaborate on how exactly the formula is written and by what logic the log lines closing down on the volatility are explained by. Whoever manages to see through will find this really useful.Comment
Seems like it was spot on. Nice to see this Model was able to predict the past 2 bottoms.Comment
If you're looking for my absolute best metric (much improved from this here), check out moonstrategy.io
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.