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Shortcut Analysis Ω Palladium
One of the core indicators offered by (ShortcutAnalysis.com), Palladium is the multi-tool of the Shortcut Analysis family.
-It can help identify periods of high or low volatility. High volatility is present when the band is wide and low when it compresses. Extended low volatility can be an indication of explosive volatility coming.
-The signal line attempts to measure oversold/overbought levels. When in the danger zones of the band (shaded darker at top and bottom) it can indicate a reversal is coming. However, extended trends can oscillate out of a danger zone, just to enter again. That's why we have 4 lengths to choose from. You can use these to get confirmation on multiple spans of time.
-It also measures statistical extremes with the 2nd and 3rd deviations above and below. 68% of prices will fall within the band. When they exit that channel, price will either bounce back quickly or the bands will expand to acknowledge a longer-term increase in volatility. Compression on multiple bands are an indicator that a huge increase in volatility is coming.
How to read the indicator:
4 lengths:
Very short - Dionysus
Short - Hermes
Mid - Plutus
Long - Tyche
Signal line (light blue) in the danger zones indicate a likely turn of price in the other direction.
Price line (maroon) passing the 3rd deviation indicates a statistical extreme and can signal either a quick bounce back toward the mean or the beginning of a new trend in that direction.
Compression of the band indicates low volatility and prolonged low volatility can indicate that high volatility is approaching.
Be sure to validate these signals with other indicators. It is not suggested for anyone to use a single indicator when trading.
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At Shortcut Analysis, we know that technical analysis can be confusing and overwhelming but we create indicators that are easy to read and act upon so that it doesn’t have to be.
We also believe that trading is better together so we have an exclusive Slack group to share ideas and watchlists, get second opinions on analyses, and celebrate wins together.
Join us today and Stop Guessing; Start Winning!
(ShortcutAnalysis.com)
-It can help identify periods of high or low volatility. High volatility is present when the band is wide and low when it compresses. Extended low volatility can be an indication of explosive volatility coming.
-The signal line attempts to measure oversold/overbought levels. When in the danger zones of the band (shaded darker at top and bottom) it can indicate a reversal is coming. However, extended trends can oscillate out of a danger zone, just to enter again. That's why we have 4 lengths to choose from. You can use these to get confirmation on multiple spans of time.
-It also measures statistical extremes with the 2nd and 3rd deviations above and below. 68% of prices will fall within the band. When they exit that channel, price will either bounce back quickly or the bands will expand to acknowledge a longer-term increase in volatility. Compression on multiple bands are an indicator that a huge increase in volatility is coming.
How to read the indicator:
4 lengths:
Very short - Dionysus
Short - Hermes
Mid - Plutus
Long - Tyche
Signal line (light blue) in the danger zones indicate a likely turn of price in the other direction.
Price line (maroon) passing the 3rd deviation indicates a statistical extreme and can signal either a quick bounce back toward the mean or the beginning of a new trend in that direction.
Compression of the band indicates low volatility and prolonged low volatility can indicate that high volatility is approaching.
Be sure to validate these signals with other indicators. It is not suggested for anyone to use a single indicator when trading.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
At Shortcut Analysis, we know that technical analysis can be confusing and overwhelming but we create indicators that are easy to read and act upon so that it doesn’t have to be.
We also believe that trading is better together so we have an exclusive Slack group to share ideas and watchlists, get second opinions on analyses, and celebrate wins together.
Join us today and Stop Guessing; Start Winning!
(ShortcutAnalysis.com)
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、Shortcut_Analysisに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
招待専用スクリプト
このスクリプトは作者が承認したユーザーのみアクセス可能です。使用するにはアクセス申請をして許可を得る必要があります。通常は支払い後に承認されます。詳細は下記の作者の指示に従うか、Shortcut_Analysisに直接お問い合わせください。
TradingViewは、作者を完全に信頼し、スクリプトの動作を理解していない限り、有料スクリプトの購入・使用を推奨しません。コミュニティスクリプトには無料のオープンソースの代替が多数あります。
作者の指示
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。