Volatility Indicator - page 2. | Bitcointalksearch.org

Kittygalore

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Quote from: crwth on July 08, 2021, 08:40:42 PM

I believe this would be a hard one to do because of all the differences in timezone within the world. Maybe if we could focus on a single timezone, probably with the largest contribution to the trading volume of cryptocurrencies, then we can say that they are the most influential and that the time they are not affecting the market, then it can be less volatile. Additionally, most of the whales have trading bots as well to maximize their opportunities. I think it's hard.

The indicators at the top of my head that represent volatility are

Average True Range (ATR)
Bollinger Bands (BB)
Average Directional Index (ADX)

For ATR - you can utilize this by checking the distance of the ranges. If it's small, volatility is low. If it's high, then volatility is high. So you are looking for a low value of ATR

For BB - you can check the distances between the two Bollinger bands (HIGH BB and LOW BB) and it would indicate low volatility. It would say that the current action is sideways.

For ADX - quite similar to ATR in some sense. Same thought, lower value means absent trend.

Would this be labor intensive though? Because I am sure that it's going be a lot of analysis and would it be cost effective for OP because he/she is still experimenting on a business idea.

GreatArkansas

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Quote from: tranthidung on July 08, 2021, 09:59:24 PM

https://i.imgur.com/7pSGBMG.png
https://i.imgur.com/uAUOhAx.png

Thanks for this data tranthidung, from your kind of data, the higher value is, the more volatile?

Thanks for all, @crwth and @jackg, I am currently trying a combination of bol Bollinger bands with Average True Range (ATR) indicator, I find Average True Range (ATR) much better for me than Average Directional Index (ADX), although they have almost the same.

Quote from: Bitcoin_Arena on July 09, 2021, 06:58:13 PM

Try this tool: https://data.bitcoinity.org/markets/volatility/24h/USD

Woah, this is another great tool. I can use this to identify which hours are more volatile, but it's difficult if it will do the same on the next day, like today, around 10 am - 1 pm less volatile, then tomorrow there's also a possibility that it will be the same.

Bitcoin_Arena

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฿itcoin for all, All for ฿itcoin.

Just from my daily observations of price while trading and not trading. Price volatility seems to happen during certain hours in given weeks, then it becomes random in other weeks.

From my past observations, serious price movements seem to start on Wednesday and Sunday.

Rapid price changes also tend to happen at specific hours, like 00:00 UTC, 12:00 UTC, 16:00 UTC but sometimes, price movements start an hour earlier or an hour late, so I can't be specific from just my human observations

perhaps@tranthidung's data interpretations could be more accurate.

Try this tool: https://data.bitcoinity.org/markets/volatility/24h/USD

tranthidung

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Farewell o_e_l_e_o

Quote from: GreatArkansas on July 08, 2021, 08:26:35 PM

I need to know the time for the day (or specific time) that the volatility is very low (the price of crypto is sideways, no huge dumps/no huge pumps).

I don't know how to download full time data from Trading view, automatically. It seems Trading view has restriction on a max windows to download data, if you want more, you have to scroll the chart, that takes time.

If I have data, I can play with it. Of course, result will be overview, not a tool.

Just a sneak peek and fee only has somewhat correlation with volatility, not too strong. For more details, you can see there

Quote

So, I am looking for any indicator or tool for analyzing the chart.

ATR is good and it can help you to have estimation on when and where the price will have big movements. You can also combine ATR with candles in order to estimate potential price change for coming big movements.

jackg

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https://bit.ly/387FXHi lightning theory

I'm sure I heard someone talk about bollinger bands or something for doing this. If the price is outside of the band, the asset is volatile.

You might also be able to do something as simple as tracking volume - high volume can mean high volatility. You could also look at an exchange and see how fast the price is moving (either on a simple to program script or by eye at the time of trade).

It's worth noting, these probably won't be accurate... It might just be busy at certain points and quiet at others because some are more useful than others (for example companies often trade at market open while retail might trade weekends or end of day).

crwth

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https://linktr.ee/crwthopia

I believe this would be a hard one to do because of all the differences in timezone within the world. Maybe if we could focus on a single timezone, probably with the largest contribution to the trading volume of cryptocurrencies, then we can say that they are the most influential and that the time they are not affecting the market, then it can be less volatile. Additionally, most of the whales have trading bots as well to maximize their opportunities. I think it's hard.

The indicators at the top of my head that represent volatility are

Average True Range (ATR)
Bollinger Bands (BB)
Average Directional Index (ADX)

For ATR - you can utilize this by checking the distance of the ranges. If it's small, volatility is low. If it's high, then volatility is high. So you are looking for a low value of ATR

For BB - you can check the distances between the two Bollinger bands (HIGH BB and LOW BB) and it would indicate low volatility. It would say that the current action is sideways.

For ADX - quite similar to ATR in some sense. Same thought, lower value means absent trend.

References:

https://wiki.gunthy.org/trading-strategy-options/regular-strategies-spot-trading/adx
https://school.stockcharts.com/doku.php?id=technical_indicators:average_true_range_atr
https://www.fidelity.com/learning-center/trading-investing/technical-analysis/technical-indicator-guide/bollinger-bands
https://www.investopedia.com/articles/trading/07/adx-trend-indicator.asp

GreatArkansas

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I am currently experimenting with a small business.

What my goal is;
I need to know the time for the day (or specific time) that the volatility is very low (the price of crypto is sideways, no huge dumps/no huge pumps).

So, I am looking for any indicator or tool for analyzing the chart.

Any advice that can I use for what I need?

Topic: Volatility Indicator - page 2. (Read 298 times)