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changekon.com_VolatileMarket_como_stochRsi_both_sideBBIndicator

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Indicator Description

This custom indicator is a hybrid trend and volatility-based tool designed to identify potential buy and sell zones in the market. It combines multiple moving average methodologies and volatility analysis to provide more reliable trading signals.

The indicator integrates Simple Moving Average (SMA), Exponential Moving Average (EMA), and Running Moving Average (RMA) to capture both short-term momentum and longer-term trend direction. By blending these averages, the indicator reduces the lag and noise commonly associated with using a single moving average.

In addition, Bollinger Bands are used to measure market volatility and identify overbought and oversold conditions. The width and interaction of price with the bands help assess whether the market is in a trending or ranging state.

A volatility filter is applied to avoid low-quality signals during low-volatility or choppy market conditions. Buy signals are generated when price action aligns with bullish trend confirmation and favorable volatility conditions. Conversely, sell signals are triggered when bearish trend criteria and volatility confirmation are met.

Overall, this indicator is designed to improve signal accuracy by combining trend strength, momentum, and volatility into a single decision-making framework, making it suitable for both trend-following and breakout trading strategies.

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