Forum: Traders Hideout
September 27th, 2010, 10:04 AM
|
|
Replies: 4
Views: 5,813
Do not use these indicators on range charts
The volatility indicator (NVI/MACDBBLines) is not suitable to be used on range charts. Range charts have by definition a constant intrabar volatility. The NVI uses the average true range, so it...
|
|
Forum: Traders Hideout
September 26th, 2010, 08:24 AM
|
|
Replies: 4
Views: 5,813
The indicator you are referring to shows the...
The indicator you are referring to shows the historical volatility, as measured by the ATR() and a threshold. I do not know the exact formula for the threshold, as it cannot be identified from the...
|
