PROTECTED SOURCE SCRIPT
Percent volatility
Shows % change against your chosen lookback period to determine % volatility. Useful for understanding possible gains, easily.
Line 1 - zero latency % change (now / last bar) - 1
Line 2 - % change against bar - lookback (now / bar[lookback])
line 3 - % change against bar - (lookback * multiplier
SMA on both lines to flatten a little, has little impact on height if kept low.
On 5 minute charts, suggest to check out lookback 6 (30 mintes) & multiplier 24 (12 hours)
Line 1 - zero latency % change (now / last bar) - 1
Line 2 - % change against bar - lookback (now / bar[lookback])
line 3 - % change against bar - (lookback * multiplier
SMA on both lines to flatten a little, has little impact on height if kept low.
On 5 minute charts, suggest to check out lookback 6 (30 mintes) & multiplier 24 (12 hours)
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