OPEN-SOURCE SCRIPT
HMM Volatility-Adaptive Channel
Channel Lines (orange)
Upper = SMA + ATR × dynamic multiplier
Lower = SMA − ATR × dynamic multiplier
Background Shade
Light green = High-Volatility regime (pₕ > 0.5)
Light red = Low-Volatility regime (pₕ ≤ 0.5)
Breakout Signals
BUY marker (▲) when close crosses above the upper line
SELL marker (▼) when close crosses below the lower line
Upper = SMA + ATR × dynamic multiplier
Lower = SMA − ATR × dynamic multiplier
Background Shade
Light green = High-Volatility regime (pₕ > 0.5)
Light red = Low-Volatility regime (pₕ ≤ 0.5)
Breakout Signals
BUY marker (▲) when close crosses above the upper line
SELL marker (▼) when close crosses below the lower line
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.