OPEN-SOURCE SCRIPT
Historical Volatility Study
The goal of this script it to provide you an idea to forecast the future momentum by looking at historical volatility.
This chart has basically three parts.
1. Three lines are there. The multi color line represents the historical annualized volatility in terms of minimum look back period . The white line represents the historical annualized volatility in terms of medium term look back period . The green line represents the historical annualized volatility in terms of longer term look back period .
2. The back ground color has three components. Green zone is the zone where overall volatility is on the lower side. Red zone is the zone where overall volatility is on the higher side. Purple zone means fluctuating volatility.
3. The multi color line has three colors. Red color means volatility moving towards extreme low. Yellow means it is moving towards extreme high. Purple means it is in normal course of action.
This tool can be used as a confirmation tool with other studies to aid you to make better decisions. For example- look at the diagram below.
Make your thorough study before making any trading decision. Thanks.
This chart has basically three parts.
1. Three lines are there. The multi color line represents the historical annualized volatility in terms of minimum look back period . The white line represents the historical annualized volatility in terms of medium term look back period . The green line represents the historical annualized volatility in terms of longer term look back period .
2. The back ground color has three components. Green zone is the zone where overall volatility is on the lower side. Red zone is the zone where overall volatility is on the higher side. Purple zone means fluctuating volatility.
3. The multi color line has three colors. Red color means volatility moving towards extreme low. Yellow means it is moving towards extreme high. Purple means it is in normal course of action.
This tool can be used as a confirmation tool with other studies to aid you to make better decisions. For example- look at the diagram below.
Make your thorough study before making any trading decision. Thanks.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.