OPEN-SOURCE SCRIPT

Volatility Radar + Classic Stoch

184
Volatility Radar + Classic Stoch
This indicator detects volatility squeezes by measuring Bollinger Bands tightness relative to recent history and confirms potential breakout strength using multiple factors:

Bollinger Bands bandwidth percentile to identify tight and super-tight squeezes

TTM Squeeze confirmation via Keltner Channels

Volume spikes indicating rising market interest

ADX trend strength to gauge directional momentum

Classic Stochastic oscillator to signal overbought/oversold conditions

A composite volatility score ranks the overall setup strength with intuitive color-coded background and a real-time label.

Use this tool to anticipate volatility expansions and improve timing for breakout trades.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.