Meet the Alpha-Omega Volatility custom indicator by Specter
This premium volatility indicator uses a series of models to compare historical volatility, and by using a series of noise reduction techniques, it only gives you the very best signals. This indicator shows you aggressive reversals, which are often the most profitable.
The customization options already come with pre-sets, and it's as simple as one click. It comes with Aggressive, Moderate, Conservative and Ultra Conservative behaviors filters.
Also, it offers an interest zone indicator so you can start paying attention to the chart before it happens when trading extra volatile stocks timing is crucial and you want to be ready before the action begins.
The way you use it is pretty simple, you look for divergences. When you have a bullish movement, and you see high negative volatility appearing in the Alpha-Omega indicator, it means a strong reversal/spike is coming. The same goes for bearish reversals, just the opposite logic. You also get an extra layer of confirmation which is the Alpha/Omega characters; they only appear with the most robust volatility prediction. It's up to your trading strategy to decide how conservative you are and which signals you will follow.
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