OPEN-SOURCE SCRIPT
Volatility Percentage Monitor
Volatility Percentage Monitor (VPM)
What it’s meant for:
- VPM quickly shows asset volatility trend in percentage making easy to recognise how on-going price move compare to average. This is particularly useful in day-trading analysis too understand when the move possibly reaches it’s top.
- By default VPM shows a 1 period trend and Bollinger Bands on 20 periods.
How it works:
- VPM use a Simple Moving Average to reflect the exact percentage value in both daily and optional trend average measures. There’s also a switch in ‘Setting Menu’ to change the average method (Eg. You can choose RMA with a 14 period average and see a standard ATR graph on chart)
Settings:
- Additional averages can show short, mid and longterm volatility trends and can be adjusted from Setting Menu.
- An additional graph can be shown to display Standard Deviation from longterm period data: (Note: this is used to understand how reliable average data is on the given asset)
- Bollinger Bands can be turned on/off by the Setting Menu and adjusted in period and standard deviation (Suggestion: you can check standard deviation with longterm period average parameter and display trend)
- Average Method switch allow to change the calculation method for all averages with the most common methods
- The indicator is designed to be used with daily, weekly or monthly timeframe, but will work on any timeframe anyway.
- Works on any asset
Alerts:
- Preconfigured alerts can be activated to be notify on mid and top volatility daily reach
What it’s meant for:
- VPM quickly shows asset volatility trend in percentage making easy to recognise how on-going price move compare to average. This is particularly useful in day-trading analysis too understand when the move possibly reaches it’s top.
- By default VPM shows a 1 period trend and Bollinger Bands on 20 periods.
How it works:
- VPM use a Simple Moving Average to reflect the exact percentage value in both daily and optional trend average measures. There’s also a switch in ‘Setting Menu’ to change the average method (Eg. You can choose RMA with a 14 period average and see a standard ATR graph on chart)
Settings:
- Additional averages can show short, mid and longterm volatility trends and can be adjusted from Setting Menu.
- An additional graph can be shown to display Standard Deviation from longterm period data: (Note: this is used to understand how reliable average data is on the given asset)
- Bollinger Bands can be turned on/off by the Setting Menu and adjusted in period and standard deviation (Suggestion: you can check standard deviation with longterm period average parameter and display trend)
- Average Method switch allow to change the calculation method for all averages with the most common methods
- The indicator is designed to be used with daily, weekly or monthly timeframe, but will work on any timeframe anyway.
- Works on any asset
Alerts:
- Preconfigured alerts can be activated to be notify on mid and top volatility daily reach
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Vous voulez utiliser ce script sur un graphique ?
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.