RaymondRatio [Qanexra] - Volatility with Doji Noise Cancellation

The Problem with Standard Volatility: Most volatility indicators force a calculation on every single candle, regardless of quality. This means that during periods of market indecision (Dojis), your indicators are digesting "noise," leading to lag and false signals when the market finally moves.

The Solution: RaymondRatio Developed by Qanexra, the RaymondRatio is a sophisticated volatility gauge that introduces a proprietary "Doji Pause" mechanism. Instead of smoothing over noise, this indicator intelligently ignores it.

How It Works:

Volatility Engine: The core calculates the Raymond Trending value derived from a composite of short-term compare with the long-term volatility.

The Doji Pause: The indicator constantly monitors the Body-to-Range ratio of every candle. If a candle is detected as a Doji (indecision), the indicator freezes its calculation. It retains the last known "valid" volatility state.

The Ratio: The output is a ratio.

> 1.0: Volatility is expanding relative to the baseline (Active Market).

< 1.0: Volatility is compressing (Squeeze/Consolidation).

Key Features:

Smart Filtering: Background highlights in Gray indicate "Paused" zones where the market is undecided.

Clean Data: Prevents the baseline from being dragged down by low-quality price action.

Customizable Threshold: Users can define what constitutes a "Doji" (e.g., body is less than 30% of the range).

How to Trade: Use this as a filter for your existing strategy.

Green Light: When the Ratio is above 1.0 and rising, the market is in a valid expansion phase.

Red Light: When the Ratio is below 1.0 or "flatlining" during Doji Pauses, stay out of the market to avoid chop.