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Volatility Meter

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This is my third published indicator; its simple, but don't underestimate it. As the name suggests, it measures volatility. Specifically, it measures this through the incremental difference in closing prices. It then uses an SMA to smooth out the indicator's values, this will allow the trader to see the trend in volatility: Is it increasing? decreasing? etc.

If you have any thoughts or ideas about changing the indicator, let me know.

-racer8
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Default setting now set at 1 period.
Nota Keluaran
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Improved visual graphics.
Added an sma line

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.