Al_Dente wrote:L_T wrote:Latest red bar says get short (intraday).
boss do u have a quickie explanation of “volatility stop” dots
Here is from freestockcharts.com:
Volatility Stop
The Volatility Stop Indicator helps define the current trend. The indicator plots a red line above the prices bars when a downward trend is detected, and a blue line below the bars when an upward trend is detected. These lines are commonly used as trailing stops.
For my part I find they "just work"
most of the time. When they line up with moving averages, lower lows/higher highs, etc. it makes for a stronger signal whatever way things are going. I'm sure with some Googling you could find the exact calculation and that would explain things better than I can.