Risk Indicator

15 часов назад

# Risk Indicator

A dynamic risk analysis tool that helps traders identify optimal entry and exit points using a normalized risk scale from 0 to 1. The indicator combines price action, moving averages, and logarithmic scaling to provide clear visual signals for different risk zones.

### Key Features
• Displays risk levels on a scale of 0-1 with intuitive color gradients (blue → cyan → green → yellow → orange → red)
• Shows predicted price levels for different risk values
• Divides the chart into 5 DCA (Dollar Cost Average) zones
• Includes customizable alerts for rapid risk changes and zone transitions
• Automatically adjusts to market conditions using dynamic ATH/ATL calculations

### Customizable Parameters
• SMA Period: Adjust the smoothing period for the baseline moving average
• Power Factor: Fine-tune the sensitivity of risk calculations
• Initial ATL Value: Set the starting point for ATL calculations
• Label Offset: Adjust the position of price level labels
• Visual Options: Toggle price levels and zone labels
• Alert Settings: Customize alert thresholds and enable/disable notifications

### Risk Zones Explained
The indicator divides the chart into five distinct zones:
- 0.0-0.2: DCA 5x (Deep Blue) - Strongest buy zone
- 0.2-0.4: DCA 4x (Cyan) - Strong buy zone
- 0.4-0.6: DCA 3x (Green) - Neutral zone
- 0.6-0.8: DCA 2x (Yellow/Orange) - Take profit zone
- 0.8-1.0: DCA 1x (Red) - Strong take profit / potential sell zone

### Alerts
Built-in alerts for:
• Rapid increases in risk level
• Rapid decreases in risk level
• Entry into buy zones
• Entry into sell zones

### How to Use
1. Add the indicator to your chart
2. Adjust the SMA period and power factor to match your trading timeframe
3. Monitor the risk level and corresponding price predictions
4. Use the DCA zones to guide your position sizing
5. Set up alerts for your preferred risk thresholds

### Tips
- Lower risk values (blue/cyan) suggest potentially good entry points
- Higher risk values (orange/red) suggest taking profits or reducing position size
- Use in conjunction with other technical analysis tools for best results
- Adjust the power factor to fine-tune sensitivity to price movements

### Notes
- Past performance is not indicative of future results
- This indicator is meant to be used as part of a complete trading strategy
- Always manage your risk and position size according to your trading plan

Version 1.0

14 часов назад

Информация о релизе

# Risk Indicator

A dynamic risk analysis tool that helps traders identify optimal entry and exit points using a normalized risk scale from 0 to 1. The indicator combines price action, moving averages, and logarithmic scaling to provide clear visual signals for different risk zones.

### Key Features
• Displays risk levels on a scale of 0-1 with intuitive color gradients (blue → cyan → green → yellow → orange → red)
• Shows predicted price levels for different risk values
• Divides the chart into 5 DCA (Dollar Cost Average) zones
• Includes customizable alerts for rapid risk changes and zone transitions
• Automatically adjusts to market conditions using dynamic ATH/ATL calculations
• Supports multiple timeframe analysis
• Enhanced price level display with improved number formatting

### Customizable Parameters
• Timeframe: Choose any timeframe (defaults to chart timeframe)
• SMA Period: Adjust the smoothing period for the baseline moving average
• Power Factor: Fine-tune the sensitivity of risk calculations
• Initial ATL Value: Set the starting point for ATL calculations
• Label Offset: Adjust the position of price level labels
• Visual Options: Toggle price levels and zone labels
• Alert Settings: Customize alert thresholds and enable/disable notifications

### Risk Zones Explained
The indicator divides the chart into five distinct zones:
- 0.0-0.2: DCA 5x (Deep Blue) - Strongest buy zone
- 0.2-0.4: DCA 4x (Cyan) - Strong buy zone
- 0.4-0.6: DCA 3x (Green) - Neutral zone
- 0.6-0.8: DCA 2x (Yellow/Orange) - Take profit zone
- 0.8-1.0: DCA 1x (Red) - Strong take profit / potential sell zone

### Alerts
Built-in alerts for:
• Rapid increases in risk level
• Rapid decreases in risk level
• Entry into buy zones
• Entry into sell zones

### How to Use
1. Add the indicator to your chart
2. Choose your preferred timeframe or use chart default
3. Adjust the SMA period and power factor to match your trading timeframe
4. Monitor the risk level and corresponding price predictions
5. Use the DCA zones to guide your position sizing
6. Set up alerts for your preferred risk thresholds

### Tips
- Lower risk values (blue/cyan) suggest potentially good entry points
- Higher risk values (orange/red) suggest taking profits or reducing position size
- Use in conjunction with other technical analysis tools for best results
- Adjust the power factor to fine-tune sensitivity to price movements

### Changelog
v1.1
- Added multi-timeframe support
- Improved label visibility with color-coded boxes
- Enhanced price formatting for all number ranges (large numbers, decimals, and small values)
- Optimized performance with more efficient calculations
- Fixed numerical alignment in labels

v1.0
- Initial release
- Basic risk calculation and visualization
- DCA zone display
- Alert system
- Price level predictions

### Notes
- Past performance is not indicative of future results
- This indicator is meant to be used as part of a complete trading strategy
- Always manage your risk and position size according to your trading plan

Version 1.2