BITMEX Bybit binance HUOBI OKCOIN BTC DMI ATR DPO TREND AlertBITMEX Bybit binance HUOBI OKCOIN BTC DMI ATR DPO TREND Alert
This is a very effective trend strategy.
Strategy principle
HOW TO USE
set long position when a green arrow appears in the chart.
set short position when a red arrow appears in the chart.
For the long position and the short direction, you can set the stop profit & stop loss or trailing profit stop & trailing stop loss respectively.
When a purple arrow appears to close a position, an aggressive trader can go in the opposite direction when it is purple.
Strategy applicability
The default setting is for bitmex perpetual swap contract XBTUSD , bybit BTCUSD perpetual futures contract ,binance btcusdt Spot,Bitfinex BTCUSD Spot,bitflyer BTCJPY Spot,bithumb BTCKRW Spot,bitso BTCMXN Spot, bitstamp BTCUSD Spot,bittrex BTCUSDT Spot,Coinbase BTCUSD spot, deribit BTCPERP perpetual futures contract,gemini BTCUSD Spot,Hitbit BTCUSDT Spot,huobi BTCUSDT Spot KRAKEN XBTUSD spot,OKCOIN OKEX BTCUSD3M BTCUSD BTCUSD2W,Poloniex BTCUSDT Spot etc btc symbol with 30 minutes timeframe.
This indicator has broad applicability and can be applied to multiple different symbols.
This indicator also applies to the ETHUSD symbol etc, just adjust the default configuration.
Using the alert of the indicator, it can work well on the trading robot like Gunbot,autoview, without repaint false signals.
这是非常有效的趋势策略。
如何使用
在图表中出现绿色箭头就做多。
在图表中出现红色箭头就做空。
对于多头头寸和空头方向,您可以分别设置止损和止损或尾随利润止损和尾随止损;当出现紫色箭头时平仓,激进的交易者,可以在紫色时就做反方向。
策略适用性
默认设置是针对bitmex交易所 XBTUSD永久掉期合约,BYBIT交易所 BTCUSD永续期货合约,binance币安交易所 btcusdt现货,Bitfinex交易所 BTCUSD现货,bitflyer交易所 BTCJPY现货,bithumb交易所 BTCKRW现货,bitso交易所 BTCMXN现货,bitstamp交易所 BTCUSD现货,bittrex交易所 BTCUSDT现货,Coinbase交易所 BTCUSD现货,deribit交易所 BTCPERP永续期货合约,gemini双子星交易所 BTCUSD现货,Hitbit交易所 BTCUSDT现货,huobi火币交易所 BTCUSDT现货,KRAKEN交易所 XBTUSD现货,OKCOIN OKEX交易所 BTCUSD3M OK BTC季度合约 BTCUSD BTCUSD2W OK BTC次周合约,Poloniex BTCUSDT现货等2小时区间的btc交易。
Bitmex XBTUSD 30分钟 比特币期货 30 minutes Futures
这个指标具有广泛的适用性,可以适用多个不同交易品种。
该指标还适用于ETHUSD,ETHBTC,ADABTC,TRXBTC,XRPBTC交易品种等,只需调整默认配置即可。
Bitmex ETHUSD 30分钟 以太币期货 30 minutes Futures
使用该指标的警报设置,它可以在自动交易机器人上很好地工作,而无重绘错误的信号。
Okcoin
BITMEX Bybit binance HUOBI OKCOIN BTC DMI ATR DPO TREND strategyBITMEX Bybit binance HUOBI OKCOIN BTC DMI ATR DPO TREND strategy
This is a very effective trend strategy.
Strategy principle
HOW TO USE
set long position when a green arrow appears in the chart.
set short position when a red arrow appears in the chart.
For the long position and the short direction, you can set the stop profit & stop loss or trailing profit stop & trailing stop loss respectively.
When a purple arrow appears to close a position, an aggressive trader can go in the opposite direction when it is purple.
Strategy applicability
The default setting is for bitmex perpetual swap contract XBTUSD , bybit BTCUSD perpetual futures contract ,binance btcusdt Spot,Bitfinex BTCUSD Spot,bitflyer BTCJPY Spot,bithumb BTCKRW Spot,bitso BTCMXN Spot, bitstamp BTCUSD Spot,bittrex BTCUSDT Spot,Coinbase BTCUSD spot, deribit BTCPERP perpetual futures contract,gemini BTCUSD Spot,Hitbit BTCUSDT Spot,huobi BTCUSDT Spot KRAKEN XBTUSD spot,OKCOIN OKEX BTCUSD3M BTCUSD BTCUSD2W,Poloniex BTCUSDT Spot etc btc symbol with 30 minutes timeframe.
This indicator has broad applicability and can be applied to multiple different symbols.
This indicator also applies to the ETHUSD symbol etc, just adjust the default configuration.
Using the alert of the indicator, it can work well on the trading robot like Gunbot,autoview, without repaint false signals.
这是非常有效的趋势策略。
如何使用
在图表中出现绿色箭头就做多。
在图表中出现红色箭头就做空。
对于多头头寸和空头方向,您可以分别设置止损和止损或尾随利润止损和尾随止损;当出现紫色箭头时平仓,激进的交易者,可以在紫色时就做反方向。
策略适用性
默认设置是针对bitmex交易所 XBTUSD永久掉期合约,BYBIT交易所 BTCUSD永续期货合约,binance币安交易所 btcusdt现货,Bitfinex交易所 BTCUSD现货,bitflyer交易所 BTCJPY现货,bithumb交易所 BTCKRW现货,bitso交易所 BTCMXN现货,bitstamp交易所 BTCUSD现货,bittrex交易所 BTCUSDT现货,Coinbase交易所 BTCUSD现货,deribit交易所 BTCPERP永续期货合约,gemini双子星交易所 BTCUSD现货,Hitbit交易所 BTCUSDT现货,huobi火币交易所 BTCUSDT现货,KRAKEN交易所 XBTUSD现货,OKCOIN OKEX交易所 BTCUSD3M OK BTC季度合约 BTCUSD BTCUSD2W OK BTC次周合约,Poloniex BTCUSDT现货等2小时区间的btc交易。
Bitmex XBTUSD 30分钟 比特币期货 30 minutes Futures
这个指标具有广泛的适用性,可以适用多个不同交易品种。
该指标还适用于ETHUSD,ETHBTC,ADABTC,TRXBTC,XRPBTC交易品种等,只需调整默认配置即可。
Bitmex ETHUSD 30分钟 以太币期货 30 minutes Futures
使用该指标的警报设置,它可以在自动交易机器人上很好地工作,而无重绘错误的信号。
BITMEX Bybit binance HUOBI OKCOIN BTC Ichimoku TREND strategyBITMEX Bybit binance HUOBI Coinbase OKCOIN BTC ETH Ichimoku TREND strategy
This is a very effective trend strategy.
Strategy principle
HOW TO USE
set long position when a green arrow appears in the chart.
set short position when a red arrow appears in the chart.
For the long position and the short direction, you can set the stop profit & stop loss or trailing profit stop & trailing stop loss respectively.
When a purple arrow appears to close a position, an aggressive trader can go in the opposite direction when it is purple.
Strategy applicability
The default setting is for bitmex perpetual swap contract XBTUSD , bybit BTCUSD perpetual futures contract ,binance btcusdt Spot,Bitfinex BTCUSD Spot,bitflyer BTCJPY Spot,bithumb BTCKRW Spot,bitso BTCMXN Spot, bitstamp BTCUSD Spot,bittrex BTCUSDT Spot,Coinbase BTCUSD spot, deribit BTCPERP perpetual futures contract,gemini BTCUSD Spot,Hitbit BTCUSDT Spot,huobi BTCUSDT Spot KRAKEN XBTUSD spot,OKCOIN OKEX BTCUSD3M BTCUSD BTCUSD2W,Poloniex BTCUSDT Spot etc btc symbol with 30 minutes timeframe.
This indicator has broad applicability and can be applied to multiple different symbols.
This indicator also applies to the ETHUSD symbol etc, just adjust the default configuration.
Using the alert of the indicator, it can work well on the trading robot like Gunbot,autoview, without repaint false signals.
这是非常有效的趋势策略。
如何使用
在图表中出现绿色箭头就做多。
在图表中出现红色箭头就做空。
对于多头头寸和空头方向,您可以分别设置止损和止损或尾随利润止损和尾随止损;当出现紫色箭头时平仓,激进的交易者,可以在紫色时就做反方向。
策略适用性
默认设置是针对bitmex交易所 XBTUSD永久掉期合约,BYBIT交易所 BTCUSD永续期货合约,binance币安交易所 btcusdt现货,Bitfinex交易所 BTCUSD现货,bitflyer交易所 BTCJPY现货,bithumb交易所 BTCKRW现货,bitso交易所 BTCMXN现货,bitstamp交易所 BTCUSD现货,bittrex交易所 BTCUSDT现货,Coinbase交易所 BTCUSD现货,deribit交易所 BTCPERP永续期货合约,gemini双子星交易所 BTCUSD现货,Hitbit交易所 BTCUSDT现货,huobi火币交易所 BTCUSDT现货,KRAKEN交易所 XBTUSD现货,OKCOIN OKEX交易所 BTCUSD3M OK BTC季度合约 BTCUSD BTCUSD2W OK BTC次周合约,Poloniex BTCUSDT现货等2小时区间的btc交易。
Bitmex XBTUSD 2H 比特币期货 2 hours Bitcoin Futures
这个指标具有广泛的适用性,可以适用多个不同交易品种。
该指标还适用于ETHUSD,ETHBTC,ADABTC,TRXBTC,XRPBTC交易品种等,只需调整默认配置即可。
Bitmex ETHUSD 2H 以太币合约
binance ADABTC 2H
Binance ETHBTC 90 minutes 分钟
Binance TRXBTC89 minutes 分钟
Binance XRPBTC 90 minutes 分钟
使用该指标的警报设置,它可以在自动交易机器人上很好地工作,而无重绘错误的信号。
BITMEX Bybit binance Bitfinex OKCOIN BTC SMA TREND strategy BITMEX Bybit binance Bitfinex Coinbase OKCOIN BTC SMA TREND strategy
This is a very effective trend strategy.
BITMEX Bybit binance Bitfinex BTC SMA TREND strategy
Strategy principle
HOW TO USE
set long position when a green arrow appears in the chart.
set short position when a red arrow appears in the chart.
For the long position and the short direction, you can set the stop profit & stop loss or trailing profit stop & trailing stop loss respectively.
When a purple arrow appears to close a position, an aggressive trader can go in the opposite direction when it is purple.
Strategy applicability
The default setting is for bitmex perpetual swap contract XBTUSD , bybit BTCUSD perpetual futures contract ,binance btcusdt Spot,Bitfinex BTCUSD Spot,bitflyer BTCJPY Spot,bithumb BTCKRW Spot,bitso BTCMXN Spot, bitstamp BTCUSD Spot,bittrex BTCUSDT Spot,Coinbase BTCUSD spot, deribit BTCPERP perpetual futures contract,gemini BTCUSD Spot,Hitbit BTCUSDT Spot,huobi BTCUSDT Spot KRAKEN XBTUSD spot,OKCOIN OKEX BTCUSD3M BTCUSD BTCUSD2W,Poloniex BTCUSDT Spot etc btc symbol with 30 minutes timeframe.
This indicator has broad applicability and can be applied to multiple different symbols.
This indicator also applies to the ETHUSD symbol etc, just adjust the default configuration.
Using the alert of the indicator, it can work well on the trading robot like Gunbot,autoview, without repaint false signals.
这是非常有效的趋势策略。
如何使用
在图表中出现绿色线就做多。
在图表中出现红色线就做空。
对于多头头寸和空头方向,您可以分别设置止损和止损或尾随利润止损和尾随止损;当出现紫色箭头时平仓,激进的交易者,可以在紫色时就做反方向。
策略适用性
默认设置是针对bitmex交易所 XBTUSD永久掉期合约,BYBIT交易所 BTCUSD永续期货合约,binance币安交易所 btcusdt现货,Bitfinex交易所 BTCUSD现货,bitflyer交易所 BTCJPY现货,bithumb交易所 BTCKRW现货,bitso交易所 BTCMXN现货,bitstamp交易所 BTCUSD现货,bittrex交易所 BTCUSDT现货,Coinbase交易所 BTCUSD现货,deribit交易所 BTCPERP永续期货合约,gemini双子星交易所 BTCUSD现货,Hitbit交易所 BTCUSDT现货,huobi火币交易所 BTCUSDT现货,KRAKEN交易所 XBTUSD现货,OKCOIN OKEX交易所 BTCUSD3M OK BTC季度合约 BTCUSD BTCUSD2W OK BTC次周合约,Poloniex BTCUSDT现货等2小时区间的btc交易。
Bitmex XBTUSD 2H 比特币期货 2 hours Bitcoin Futures
Binance BTCUSDT 2H 比特币期货 2 hours Bitcoin spot
这个指标具有广泛的适用性,可以适用多个不同交易品种。
该指标还适用于ETHUSD交易品种等,只需调整默认配置即可。
Bitmex EOSBTC 30分钟 EOS合约 30分钟 ETHUSD Futures
Bitmex XRPBTC 30分钟 XRP合约 30分钟 ETHUSD Futures
使用该指标的警报设置,它可以在自动交易机器人上很好地工作,而无重绘错误的信号。
BITMEX Bybit binance BTC ETH HR TREND strategyBITMEX Bybit binance Bitfinex Coinbase OKCOIN BTC ETH HR TREND strategy
This is a very effective trend strategy.
Strategy principle
HOW TO USE
set long position when a green arrow appears in the chart.
set short position when a red arrow appears in the chart.
For the long position and the short direction, you can set the stop profit & stop loss or trailing profit stop & trailing stop loss respectively.
When a purple arrow appears to close a position, an aggressive trader can go in the opposite direction when it is purple.
Strategy applicability
The default setting is for bitmex perpetual swap contract XBTUSD , bybit BTCUSD perpetual futures contract ,binance btcusdt Spot,Bitfinex BTCUSD Spot,bitflyer BTCJPY Spot,bithumb BTCKRW Spot,bitso BTCMXN Spot, bitstamp BTCUSD Spot,bittrex BTCUSDT Spot,Coinbase BTCUSD spot, deribit BTCPERP perpetual futures contract,gemini BTCUSD Spot,Hitbit BTCUSDT Spot,huobi BTCUSDT Spot KRAKEN XBTUSD spot,OKCOIN OKEX BTCUSD3M BTCUSD BTCUSD2W,Poloniex BTCUSDT Spot etc btc symbol with 30 minutes timeframe.
This indicator has broad applicability and can be applied to multiple different symbols.
This indicator also applies to the ETHUSD symbol etc, just adjust the default configuration.
Using the alert of the indicator, it can work well on the trading robot like Gunbot,autoview, without repaint false signals.
这是非常有效的趋势策略。
如何使用
在图表中出现绿色线就做多。
在图表中出现红色线就做空。
对于多头头寸和空头方向,您可以分别设置止损和止损或尾随利润止损和尾随止损;当出现紫色箭头时平仓,激进的交易者,可以在紫色时就做反方向。
策略适用性
默认设置是针对bitmex交易所 XBTUSD永久掉期合约,BYBIT交易所 BTCUSD永续期货合约,binance币安交易所 btcusdt现货,Bitfinex交易所 BTCUSD现货,bitflyer交易所 BTCJPY现货,bithumb交易所 BTCKRW现货,bitso交易所 BTCMXN现货,bitstamp交易所 BTCUSD现货,bittrex交易所 BTCUSDT现货,Coinbase交易所 BTCUSD现货,deribit交易所 BTCPERP永续期货合约,gemini双子星交易所 BTCUSD现货,Hitbit交易所 BTCUSDT现货,huobi火币交易所 BTCUSDT现货,KRAKEN交易所 XBTUSD现货,OKCOIN OKEX交易所 BTCUSD3M OK BTC季度合约 BTCUSD BTCUSD2W OK BTC次周合约,Poloniex BTCUSDT现货等2小时区间的btc交易。
Bitmex XBTUSD 89分钟 比特币期货 89 minutes Bitcoin Futures
Bitmex XBTUSD 2H 比特币现货 2 hours Bitcoin Futures
Bitmex XBTUSD 1小时 比特币期货 1 hour Bitcoin Futures
Bybit BTCUSD 1小时 比特币合约 1 hour Bitcoin Futures
binance BTCUSDT 1H 比特币现货 1 hours Bitcoin Spot
这个指标具有广泛的适用性,可以适用多个不同交易品种。
该指标还适用于ETHUSD交易品种等,只需调整默认配置即可。
Bitmex ETHUSD 1小时 以太币合约 1H ETHUSD Futures
Binance ETHUSD 1小时 以太币现货 1H ETHUSD Spot
Bybit ETHUSD 1小时 以太币合约 1H ETHUSD Futures
使用该指标的警报设置,它可以在自动交易机器人上很好地工作,而无重绘错误的信号。
BITMEX Bybit binance bitstamp Coinbase HUOBI BTC ETH TRENDBITMEX Bybit binance bitstamp Coinbase HUOBI BTC ETH TREND
This is a very effective trend strategy.
Strategy principle
Constructs the trailing ATR stop above or below the price, and switches directions when the source price breaks the ATR stop.
Uses the Average Directional Index (ADX) to switch between ATR multipliers. The higher multiplier is used when the ADX is rising, and the lower ATR multiplier is used with the ADX is falling.
This ADX criteria further widens the gap between the source price and the trailing ATR stop when the price is trending,and lessens the gap between the ATR and the price when then price is not trending.
The ATR-ADX stop is effectively a double adapative stop that trails the price,by both adapting to the true range of the price, and the average directional change.
HOW TO USE
set long position when a green arrow appears in the chart.
When the stop is below the price (long trade) the value never decreases until the price intersects the stop, and it reverses to being above the price (short trade)。
set short position when a red arrow appears in the chart.
When the stop is above the price it will never increase until it is intersected by the price. As the true range and ADX change, the stop will move more quickly or more slowly.
For the long position and the short direction, you can set the stop profit & stop loss or trailing profit stop & trailing stop loss respectively.
When a purple arrow appears to close a position, an aggressive trader can go in the opposite direction when it is purple.
Strategy applicability
The default setting is for bitmex perpetual swap contract XBTUSD , bybit BTCUSD perpetual futures contract ,binance btcusdt Spot,Bitfinex BTCUSD Spot,bitflyer BTCJPY Spot,bithumb BTCKRW Spot,bitso BTCMXN Spot, bitstamp BTCUSD Spot,bittrex BTCUSDT Spot,Coinbase BTCUSD spot, deribit BTCPERP perpetual futures contract,gemini BTCUSD Spot,Hitbit BTCUSDT Spot,huobi BTCUSDT Spot KRAKEN XBTUSD spot,OKCOIN OKEX BTCUSD3M BTCUSD BTCUSD2W,Poloniex BTCUSDT Spot etc btc symbol with 2 hour timeframe.
This indicator has broad applicability and can be applied to multiple different symbols.
This indicator also applies to the ETHUSD ETHBTC EOSBTC BNBBTC symbol etc, just adjust the default configuration.
Using the alert of the indicator, it can work well on the trading robot like Gunbot,autoview, without repaint false signals.
这是非常有效的趋势策略。
策略原理
在价格之上或之下构造追踪的支撑压力位并在源价格突破压力位时的切换操作方向,使用平均趋向指数(ADX)与ATR系数之间切换。
当ADX上升时使用上升的ATR系数,而ADX时下降时使用下降的ATR系数。
当价格趋势变化时,ADX参数在价格趋向变大时使源价格止损点与后续ATR进一步扩大,并在价格趋向平缓时减小了ATR与价格之间的差距。
如何使用
ATR-ADX压力线通过适应价格的真实波动范围和平均趋向变动达到跟随价格的双适应性止损目的。当做多时,止损线低于价格,并随价格升高,直到止损线与价格相交,然后反转至高于价格,此时启动空头交易;
在图表中出现绿色箭头就做多。
当做空时,止损线高于价格,并随价格降低,直到止损线与价格相交,然后反转至低于价格,此时启动多头交易;在图表中出现红色箭头就做空。随着真实波动和ADX的变化,止损线将移动得更快或更慢。
对于多头头寸和空头方向,您可以分别设置止损和止损或尾随利润止损和尾随止损;当出现紫色箭头时平仓,激进的交易者,可以在紫色时就做反方向。
策略适用性
默认设置是针对bitmex交易所 XBTUSD永久掉期合约,BYBIT交易所 BTCUSD永续期货合约,binance币安交易所 btcusdt现货,Bitfinex交易所 BTCUSD现货,bitflyer交易所 BTCJPY现货,bithumb交易所 BTCKRW现货,bitso交易所 BTCMXN现货,bitstamp交易所 BTCUSD现货,bittrex交易所 BTCUSDT现货,Coinbase交易所 BTCUSD现货,deribit交易所 BTCPERP永续期货合约,gemini双子星交易所 BTCUSD现货,Hitbit交易所 BTCUSDT现货,huobi火币交易所 BTCUSDT现货,KRAKEN交易所 XBTUSD现货,OKCOIN OKEX交易所 BTCUSD3M OK BTC季度合约 BTCUSD BTCUSD2W OK BTC次周合约,Poloniex BTCUSDT现货等2小时区间的btc交易。
Bitmex XBTUSD 2H 比特币合约
Binance币安 BTCUSDT 2H 比特币现货
Bitfinex BTCUSD 2H 比特币现货
Bitstamp BTCUSD 2H 比特币现货
COINBASE BTCUSD 2H 比特币现货
HUOBI火币 BTCUSDT 2H 比特币现货
OKEX BTCUSD3M 2H 比特币季度合约
Bybit BTCUSD 2H 比特币合约
这个指标具有广泛的适用性,可以适用多个不同交易品种。
该指标还适用于ETHUSD ETHBTC EOSBTC BNBBTC交易品种等,只需调整默认配置即可。
bitmex ETHUSD 2H期货
binance ETHUSDT 2H现货
Bybit ETHUSD 2H合约
HUOBI火币 ETHUSDT 2H现货
OKCOIN ETHUSD1W 2H期货
binance币安EOSBTC 2H
Binance币安 ETHBTC 2H
使用该指标的警报设置,它可以在自动交易机器人上很好地工作,而无重绘错误的信号。
Futures & GBTC PremiumCalculates current Okcoin futures index price, and plots the current premiums for weekly and quarterly contracts. Also plots the GBTC premium divided by 10 based on the same index price. For reference, the calculated index price divided by 100 is also shown (the white line).
Note:
The index price is an estimate, and not entirely accurate because of the following limitations:
GDAX, one of the six exchanges that makes up the index, is not available on TW. Coinbase is used instead, as their prices are usually within $2 of GDAX
CNYUSD rate in the index is usually calculated every Friday, but follows some special rules that are impossible to replicate in this script. The current CNYUSD rate is used instead
,
The index price in this script has been within $2 of the actual index the past day.
Aggregated BTC VOLUMEAggregated Volume from all major exchanges. Price must touch or drop below pivot but close above it. Volume must break SMA.
Pip Foundry - BitMEX BVOL7D IndexMy premium indicators are available for monthly lease at www.tradingview.com
A quick indicator in response to the product released this month from BitMEX - a Weekly settled volatility index for bitcoin!
www.bitmex.com
uses BVOL calculation from www.bitmex.com
[Bitcoin] Lastbattle's nose pickerI've been working on a top and bottom picker script over the past couple of weeks, based on RSI of multiple timeframe closing price. It've been a pretty good trading system that's tested over the last meteoric rise from 220~270 and back down to 230 right now, and I think it should be released to the community.
Sure, I'm not worried about this strategy not working anymore after it is being used by the majority. Everyone have a different view of the market, and this is more towards psychology. It'll likely to hold for as long as there are still humans trading Bitcoins. Bitcoin market is full of emotions, you'll never run out of it.
So why does it work?
If you take a look at the live charts offered by Bitcoinwisdom and Cryptowatch, they only offer 1, 3, 5, and 15 minute timeframe by default with no other option to switch.
Naturally more traders will look at these levels for oversold and overbought condition.
The same indicator does not work for the broader commodities market such as Gold and Silver.
How does it work?
As long as the RSI levels of 1, 3, 5, and 15 minute fulfills the oversold/overbought level, a signal will be given.
The overbought/oversold level gets compensated the higher volatility the market is in.
Note: **
-This is only for exit strategy. If you're on long, consider reducing or exiting your position when it displays a red. On the other hand if you're short, consider reducing or covering your shorts if it shows a green.
-It may give false signal in a trending market, use your trading experience and judgement to filter them out. (eg: uptrend usually have more than 1 legs AND after a long consolidation, RSI gets to oversold/overbought easily... the market will tend to test the support/resistance again.)
-This is tuned for the 15m interval, the script won't work beyond this. I use it for scalping futures. Feel free to change or remove this line 'plot(interval == 15 and '
-Even if it shows a signal, it may not be the true top/bottom. Sometimes there may be a weak diverged leg aka 'last fart', so that's one reason I dont use this for entry until more confirmation is given via other indicators.
** If your chart is zooming all the way down to 0, right click on the price at the right and select 'Scale price only'
Go ahead and try this out with willy, etc and see what works better :D
Credits:
-LazyBear for the volatility switcher script