TradingView Volatility Breakthrough Trading Timeframe Distribution Indicator Usage

TradingView Fine Script, which is currently used to break through volatility, is a code developed by “Chul-Ho Kim” himself. Recently, I realized the timeframe dispersion volatility breakout trading indicator I wanted.

 

What is timeframe variance?

- The current indicator calculates the opening and closing prices based on 00:00 UTC (09 am Korean time).

- What would be the result if the buying/selling timing of the strategy was applied in a different way, calculated based on 10 o'clock and 11 o'clock, etc.?

- And if you divide the funds for each time period and apply them, you can also minimize the slippage!

It can also be called a logic and money management method derived from that idea.

 

Backtesting showed that morning hours performed significantly better than afternoon hours! 11 am and 10 am showed a very impressive appearance~

 

Below is a return chart that was backtested by extracting data in Excel! It is also understood that the morning time is good~

 

Now let's see how to set it up.

1. First, go to Kim Chul-ho's site to get the script. As a hobby, please click Practice Fine Script under Quant.

 

2. As shown below, there is a volatility dolcha strategy time variance indicator alert and backtest script. To use the source, you can use it permanently by registering as a member and paying 550,000 won.

Please note that Cheol-ho and I are for informational purposes, not for partnership or specific advertising purposes!

After gaining access to the source, copy and paste the code into Trading View to apply the indicator.

 

3. Below is a multi-chart on Trading View, with Bitcoin on the left and Ethereum on the right. And each of the alert and backtest indicators are applied.

This indicator is only available on the 1-hour bar.

 

5. Below is how to set the number of alerts. Just follow along!

 

6 Below is how to set a sell alert. Just follow the same steps!

 

7. After that, you can automate trading with 3COMMAS, please refer to the article below for details!!

How to create 3COMMAS trading bot: https://coinpick.com/quant_program/8940

How to create 3COMMAS automatic trading message: https:// coinpick.com / quant_program/8942