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Rumpy's Volume Weighted ALMA Trend and Volatility

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A number of experiments have been tested, refined and combined into a trend following system.

There's elements of pivot boss, multiple length volume weighted ALMA based trend detection (optional MTF) and my own "chandelier" based cycle/volatility bands.

Inner bands indicate short term volatility range, support/resistance, Outer bands medium term.

Inner band colour represents short term trend and can indicate early a possible trend change, trend weakening etc.

Confirmed by the medium term trend and the chart background MTF trend.

High volatility events can indicate tops/bottoms, or at the very least cautionary areas where at the very least partial TP/more active risk management should come into play.

During periods of prolonged sideways/chop you will get mixed signals and it is best to wait for a good high volatility/volume breakout before considering an entry.

Additional notes on the chart.

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A lot of time and effort went into this one, if you find it useful please consider a tip/donation : BTC - 3BMEXEDyWJ58eXUEALYPadbn1wwWKmf6sA

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