EthereumEducation
Breakout Signals via Asymmetrical Averaging
Special Application of Average Bullish & Bearish Percentage Change Indicator
INDICATOR AVERAGES BULLISH AND BEARISH VOLATILITY SEPARATELY THROUGH THEIR NATIVE PAST CANDLE COUNT. NOT PERIODICALLY!
Asymmetrical averaging is a versatile technique that involves assigning different lengths for independent averaging of opposite market forces. This adaptability uncovers high-probability breakout signals by establishing a threshold that filters out irrelevant fluctuations.
Below, I illustrated 2 practical examples of the method applied to bullish and bearish breakout scenarios:
LINK TO THE INDICATOR:
https://www.tradingview.com/script/8UOyLcH8-Average-Bullish-Bearish-Percentage-Change/
INDICATOR AVERAGES BULLISH AND BEARISH VOLATILITY SEPARATELY THROUGH THEIR NATIVE PAST CANDLE COUNT. NOT PERIODICALLY!
Asymmetrical averaging is a versatile technique that involves assigning different lengths for independent averaging of opposite market forces. This adaptability uncovers high-probability breakout signals by establishing a threshold that filters out irrelevant fluctuations.
Below, I illustrated 2 practical examples of the method applied to bullish and bearish breakout scenarios:
- Bullish Breakout Example:
Set the bullish averaging to 30 and the bearish averaging to 1000.
If the bullish average consistently surpasses the bearish threshold, it indicates robust buying momentum and a potential breakout to the upside.The extreme bearish average establishes a consistent baseline, filtering out short-term fluctuations and focusing on significant upward momentum to deliver reliable bullish breakout signals.
- Bearish Breakout Example:
Set the bearish averaging to 30 and the bullish averaging to 1000.
If the bearish average rises above the bullish threshold, it signals growing selling pressure and a potential breakout to the downside.The extreme bullish average provides a steady reference point, eliminating minor fluctuations and isolating significant downward momentum for dependable bearish breakout signals.
LINK TO THE INDICATOR:
https://www.tradingview.com/script/8UOyLcH8-Average-Bullish-Bearish-Percentage-Change/
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แดสส แดแดษดแดแดษดแด แดสแดแด ษชแด แดแด สส ๊ฐสแดแดแดสแดส ษช๊ฑ ษชษดแดแดษดแด แดแด ๊ฐแดส ษชษด๊ฐแดสแดแดแดษชแดษดแดส แดษดแด แดแด แดแดแดแดษชแดษดแดส แดแดสแดแด๊ฑแด๊ฑ แดษดสส.
แดแด๊ฑแด แดแดส๊ฐแดสแดแดษดแดแด ษช๊ฑ ษดแดแด ษชษดแด ษชแดแดแดษชแด แด แด๊ฐ ๊ฐแดแดแดสแด สแด๊ฑแดสแด๊ฑ.
แดสส แดแดษดแดแดษดแด แดสแดแด ษชแด แดแด สส ๊ฐสแดแดแดสแดส ษช๊ฑ ษชษดแดแดษดแด แดแด ๊ฐแดส ษชษด๊ฐแดสแดแดแดษชแดษดแดส แดษดแด แดแด แดแดแดแดษชแดษดแดส แดแดสแดแด๊ฑแด๊ฑ แดษดสส.
แดแด๊ฑแด แดแดส๊ฐแดสแดแดษดแดแด ษช๊ฑ ษดแดแด ษชษดแด ษชแดแดแดษชแด แด แด๊ฐ ๊ฐแดแดแดสแด สแด๊ฑแดสแด๊ฑ.
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.
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แดสส แดแดษดแดแดษดแด แดสแดแด ษชแด แดแด สส ๊ฐสแดแดแดสแดส ษช๊ฑ ษชษดแดแดษดแด แดแด ๊ฐแดส ษชษด๊ฐแดสแดแดแดษชแดษดแดส แดษดแด แดแด แดแดแดแดษชแดษดแดส แดแดสแดแด๊ฑแด๊ฑ แดษดสส.
แดแด๊ฑแด แดแดส๊ฐแดสแดแดษดแดแด ษช๊ฑ ษดแดแด ษชษดแด ษชแดแดแดษชแด แด แด๊ฐ ๊ฐแดแดแดสแด สแด๊ฑแดสแด๊ฑ.
แดสส แดแดษดแดแดษดแด แดสแดแด ษชแด แดแด สส ๊ฐสแดแดแดสแดส ษช๊ฑ ษชษดแดแดษดแด แดแด ๊ฐแดส ษชษด๊ฐแดสแดแดแดษชแดษดแดส แดษดแด แดแด แดแดแดแดษชแดษดแดส แดแดสแดแด๊ฑแด๊ฑ แดษดสส.
แดแด๊ฑแด แดแดส๊ฐแดสแดแดษดแดแด ษช๊ฑ ษดแดแด ษชษดแด ษชแดแดแดษชแด แด แด๊ฐ ๊ฐแดแดแดสแด สแด๊ฑแดสแด๊ฑ.
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.