VolaRider indicator

[fitzcarraldo]

Hello,
Has anybody knowledge on an eventually script for NT7 on that volatility indicator:
New volatility indicator called VolaRider. This indicator applies the concept of stochastics to the standard deviation. This approach results in a percentage value ranging from 0% (lowest volatility) to 100% (highest volatility). In short timeframes the value will be mostly in the extreme zones. Volatility is usually either low or high. It is rarely in the middle.

As with any indicator expressed in percent (0% to 100%) it is necessary to define threshold levels. The Volatility Rider strategy uses 21% and 89%. Both are Fibonacci numbers. At the 21% threshold it is safe to assume that volatility is building up and getting ready to take off. Above the 89% threshold volatility will start to reach its peak. In this zone it becomes likely that the volatility will decrease. This indicates that the break-out is losing steam.
It is used in a strategy devellopped by WHSSelfinvest:http://www.whselfinvest.com/en/tradi...lity_Rider.php
Thank you for any help

[koganam]

Hello,
Has anybody knowledge on an eventually script for NT7 on that volatility indicator:
New volatility indicator called VolaRider. This indicator applies the concept of stochastics to the standard deviation. This approach results in a percentage value ranging from 0% (lowest volatility) to 100% (highest volatility). In short timeframes the value will be mostly in the extreme zones. Volatility is usually either low or high. It is rarely in the middle.

As with any indicator expressed in percent (0% to 100%) it is necessary to define threshold levels. The Volatility Rider strategy uses 21% and 89%. Both are Fibonacci numbers. At the 21% threshold it is safe to assume that volatility is building up and getting ready to take off. Above the 89% threshold volatility will start to reach its peak. In this zone it becomes likely that the volatility will decrease. This indicates that the break-out is losing steam.
It is used in a strategy devellopped by WHSSelfinvest:http://www.whselfinvest.com/en/tradi...lity_Rider.php
Thank you for any help

Your link provided, unfortunately, is only a description of how to use the indicator, not how the indicator is coded. To code it, one would need to know the precise mathematical constructs that are being used.

[fitzcarraldo]

Hello,
Sorry not founded any mean to have precise mathematical constructs.
Maybe it is an owner code from tradeo-coaching.com.