PROTECTED SOURCE SCRIPT
Aggiornato

BUILDER

26
The Frequency (%) tells you the historical probability of the price range exceeding that specific volatility level.

Here is exactly what it calculates:

ADR Frequency: "Over the last 365 days, how often (what % of days) did the daily range exceed the current ADR?"
ADR x3 Frequency: "How often did the price move 3 times the normal daily range?" (This happens very rarely, usually <1% of the time, so if you see a price at ADR x3 layers, it's an extreme outlier).
AWR Frequency: Same logic, but looking at the last 52 weeks.
How to use it:

High % (e.g. 50%+): Means this level is hit very often. Passing this level is "normal" behavior.
Low % (e.g. 5%): Means price rarely extends this far. If price reaches this level, it is statistically overextended and a reversal is more likely.
0%: Means this level of volatility has effectively never happened in the lookback period (or extremely rarely).
It basically answers: "Is today's move normal, or is it a rare statistical event?"
Note di rilascio
@ column swap
Note di rilascio
@ updt atr
Note di rilascio
@ safety cap for lot szs
Note di rilascio
top RIght default
Note di rilascio
Adr 1 2 3
Note di rilascio
top Right
Note di rilascio
Plots for AWR AMR
Note di rilascio
added ADR 0.5 0.75 2.0
AWR 2.0 to the table
Note di rilascio
Fixed pips for forex
Note di rilascio
Adr extremes fix
Note di rilascio
DIV fix

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.