Version 3.0 2021.11.18
Upgrade version
Version 2.0 2016.07.25
Do not forget that the first objective of this indicator is to reveal the change of the two forces acting on the price before this change appears on the price.

In this new version, the range of values between 0 and 1 (respectively 0 and -1) shows an ordinary volatility, moving above the 1 (below -1) shows high volatility, the changing trend is confirmed when going from 1 to below 0.55 (resp -1 over -0.55).

This version aims to tighten overbought and oversold areas and confirmation of trend change, it is valid for scalping as for medium and long-term analysis, it is also valid for all products (Forex, stocks, metals, energy...).