Volatility

Volatility settings are global and specify volatility requirements for trend signals to fire. These use a different data source to the volatility controls within individual Factions.

Strategy Optimization

Volume Controls are global and can powerfully affect strategy performance. Deactivating Volatility Settings may simplify the initial stages of Strategy Optimization. This is especially important when Isolating Factions for optimization.

Price Control Settings

Volatility

Toggles volatility detection on or off. Volatility calculations are based on the width of the Bollinger Band indicator. When detection is activated, the system will enter a Technical Ranging condition if volatility is insufficient to determine trend. This condition triggers a 'Ranging' signal and chart candles and the Calculations Table will appear yellow. Ranging Mode can be deactivated in the Position section if desired. Activating volatility detection may prove helpful if the system is firing signals too frequently due to choppy market conditions. Independent Minimum Volatility requirements for trend detection can also be set within some Factions.

Deactivating Volatility may prove useful during Strategy Optimization.

Higher Timeframe

Specifies the higher timeframe on which volatility will be calculated. If a value other than ‘chart’ is set, this will override the Master Higher Timeframe setting in the Confirmation Control section.

The Higher Timeframe trailer analyzes macro trends over 1000 candles at the resolution of the current timeframe in TradingView. The maximum lookback period must be considered when selecting a Higher Timeframe. See the Higher Timeframe Limitations section for details.

Strategy

Specifies if Volitilty Period and the Volatility Std. Deviation will be adjusted manually or to a short, medium, or long-term preset.

Period

Sets the number of lookback periods used to calculate volatility.

Deviation

Sets the standard deviation used to calculate volatility. Generally, Deviation (sd) should be increased as Period (p) is increased. e.g. p = 10, sd = 1.9; p = 20, sd = 2; p = 50, sd = 2.1. However, these settings may not suit some assets.

Precision

Specifies the minimum precision required for an increase in volatility to trigger a trend. Higher values will require more volatility to trigger a trend.

Precision Smoothing

Specifies the amount of smoothing applied to the Precision calculation. Higher values will decrease the frequency of trend signals, but make them more reliable. This may prove useful in choppy market conditions.

Minimum Volatility

Specifies the minimum volatility required for the algorithm to fire signals. Higher values will reduce sensitivity to price fluctuations making signals less frequent, but more reliable. This may prove useful in choppy market conditions.