OPEN-SOURCE SCRIPT

Volatility % Bands (O→C)

Volatility % Bands (O→C) is an indicator designed to visualize the percentage change from Open to Close of each candle, providing a clear view of short-term momentum and volatility.

**Histogram**: Displays bar-by-bar % change (Close vs Open). Green bars indicate positive changes, while red bars indicate negative ones, making momentum shifts easy to identify.
**Moving Average Line**: Plots the Simple Moving Average (SMA) of the absolute % change, helping traders track the average volatility over a chosen period.
**Background Bands**: Based on the user-defined Level Step, ±1 to ±5 zones are highlighted as shaded bands, allowing quick recognition of whether volatility is low, moderate, or extreme.
**Label**: Shows the latest candle’s % change and the current SMA value as a floating label on the right, making it convenient for real-time monitoring.

This tool can be useful for volatility breakout strategies, day trading, and short-term momentum analysis.

Skrip sumber terbuka

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Lucky_Turtle

비트코인 선물 매매를 2년 정도 했으며, 수익 추구도 좋지만 시장 분석 자체를 즐겨하는 편입니다.

* BingX 45% 평생 수수료 할인
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Penafian

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Skrip sumber terbuka

Lucky_Turtle

비트코인 선물 매매를 2년 정도 했으며, 수익 추구도 좋지만 시장 분석 자체를 즐겨하는 편입니다.

* BingX 45% 평생 수수료 할인
bingx.com/invite/6JU8RO4D/

Juga pada: