Hey fellow traders! Today, I want to share a little gem that I've been working on—an indicator inspired by the fantastic work of Edgar Peters. Introducing the GARCH indicator, a fractal volatility tool built on the Bollerslev Model. If you're looking to deepen your understanding of market forecasts, the ARMA and ARCH models are essential.
This indicator really shines when market volatility is on the rise. It helps you predict market movements, giving you a better edge during both bullish and bearish trends. The higher the indicator value, the stronger the trend—whether up or down. I'm open to any feedback to make this tool even better!
In the latest update, version 1.1, you can choose to reverse the GARCH (1,1) or stick with the default settings. If you've downloaded a previous version, I recommend re-downloading to check out the new improvements.
And wait, there’s more! Version 1.2 is here, featuring even more customizable parameters. Trust me, I've been using this new code, and the results are nothing short of impressive.
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