Volume-Price Diff
Script is designed to analize volatility in real-time.
Once added to chart, script starting to collect 2 things:
The pctc/tc ratio may be interpret as a volatility measure.
Label above real-time bar shows:
Using this indicator trader may detect volatility spikes.
More the "Diff" - less the volatility and vice versa.
Once added to chart, script starting to collect 2 things:
- Ticks count (tc)
- Price changing ticks count (pctc)
The pctc/tc ratio may be interpret as a volatility measure.
Label above real-time bar shows:
- Ticks count
- Price changing ticks count
- Ratio between (2) and (1) in percents
Using this indicator trader may detect volatility spikes.
More the "Diff" - less the volatility and vice versa.