OPEN-SOURCE SCRIPT
Volatility Profile
Volatility Profile allows for a fast comparison of the Average True Range from different time frames.
In addition to that, for each time frame it calculates the maximum and the minimum value over a set number of bars and divides the range between the maximum and the minimum in three parts to create three different volatility classes, which allows the user to quickly see how big the current value really is in relation to the past.
The settings allow the user to set the two extra time frames apart from the main time frame and the ATR length for each of the three ATR's, as well as the look back period to calculate the maximum and the minimum values.
This indicator is meant to help create a much more comprehensive view of the instrument's volatility.
In addition to that, for each time frame it calculates the maximum and the minimum value over a set number of bars and divides the range between the maximum and the minimum in three parts to create three different volatility classes, which allows the user to quickly see how big the current value really is in relation to the past.
The settings allow the user to set the two extra time frames apart from the main time frame and the ATR length for each of the three ATR's, as well as the look back period to calculate the maximum and the minimum values.
This indicator is meant to help create a much more comprehensive view of the instrument's volatility.
Script de código aberto
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
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Aviso legal
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