OPEN-SOURCE SCRIPT

Volatility Zones (STDEV %)

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This indicator displays the relative volatility of an asset as a percentage, based on the standard deviation of price over a custom length.

🔍 Key features:
• Uses standard deviation (%) to reflect recent price volatility
• Classifies volatility into three zones:

Low volatility (≤2%) — highlighted in blue

Medium volatility (2–4%) — highlighted in orange

High volatility (>4%) — highlighted in red
• Supports visual background shading and colored line output
• Works on any timeframe and asset

📊 This tool is useful for identifying low-risk entry zones, periods of expansion or contraction in price behavior, and dynamic market regime changes.

You can adjust the STDEV length to suit your strategy or timeframe. Best used in combination with your entry logic or trend filters.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.