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Parabolic Deviation Index

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What If You Had An Indicator That Told You When The Deck Was Hot?

The Parabolic Deviation Index, or PDI, is a proprietary combinatory oscillator built by Bitpool to predict high probability volatility. When the "deck is hot" PDI will change the background color. This occurs when the blue line is above the grey line on the oscillator and means it thinks a big move is about to happen.

Volatility is a traders best friend. Without it, playing breakouts and continuations will eat away your account. During it, trying to play reversals will do the same.

While volatility may come between zones, it is low probability volatility in PDI's estimation and waiting to trade during high probability moments could improve one's performance overall. PDI can be used to filter intraday trading opportunities and can aid any trading system. Consider range bound trading when PDI is low. Consider breakout and continuation trading when it says the deck is hot. It runs on TradingView.

Bonus

PDI Breakout is a study that uses PDI to determine when to start trading breakouts of some number of previous bars, taking profit at a multiple of the stop with the option of reversing until profit targets are reached.

Additional Bonus

Bouncy Clouds is Bitpool's rendition of an Ichimoku Cloud, it considers both volatility and median price as well as relative strength as a filter, exit, and potential reversal identifier. Using it in tandem with PDI can result in an entire trading strategy for any market condition. I'll also throw in a free subscription to the Power Candles.

FAQS

Are there any guarantees?

  • Absolutely none. This is trading.

Can I get my money back?

  • No, due to the nature of the product.

Can I cancel anytime?

  • Absolutely.

Can I be an affiliate?

  • Yes. You earn 50% recurring.

Can the strategies be automated?

  • All strategies utilize alerts and are built to be able to be automated through Alertatron.


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Access to Four (4) TradingView Invite-Only Scripts

Study
PDI Oscillator
Study
PDI Study (Background)
Study
PDI Breakout
Study
Bouncy Clouds
Size
1.32 MB
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$49 a month

Parabolic Deviation Index

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