JoeyC_Crypto

Using HVP+CC to tell direction.....Everytime

BYBIT:BTCUSD   None
Using the Historical Volatility Percentile and Correlation Coefficient published by balipour and pig should be the main tools in any volatility traders arsenal , here are 2 out of 6 possible scenarios that can accurately predict direction.


Today's idea revolves around Historical Volatility percentile expanding while Correlation Coefficient is either positively or negatively correlated , This is the simplest form of using these tools and this is what you should be looking for ...

When Historical Volatility Expands and the CC is Positively correlated the price will move UP
When Historical Volatility Expands and the CC is Negatively correlated the price will move DOWN

Simple but very effective , these tools and idea can be used from the 1min chart to the weekly and is truly incredible.

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