OPEN-SOURCE SCRIPT
Weighted Volatility
Introducing the "Weighted Volatility" indicator, a powerful tool that incorporates the PeacefulIndicators library to measure the price volatility and volume in the market. This indicator is designed to help you detect potential opportunities and enhance your trading analysis.
The Weighted Volatility indicator offers the following features:
Adjustable input parameters, allowing you to modify the source (close by default) and the length parameter to suit your trading style and preferences.
A visually clear display, with the Weighted Volatility line in blue and a horizontal line at zero, making it easy to interpret the indicator's signals.
The core functionality of the Weighted Volatility indicator is powered by the weighted_volatility_oscillator function from the PeacefulIndicators library, ensuring accurate and reliable results.
To start using the Weighted Volatility indicator in your trading analysis, simply add the script to your chart and customize the input parameters as needed. We hope this script, built upon the PeacefulIndicators library, proves to be a valuable addition to your trading strategy.
The Weighted Volatility indicator offers the following features:
Adjustable input parameters, allowing you to modify the source (close by default) and the length parameter to suit your trading style and preferences.
A visually clear display, with the Weighted Volatility line in blue and a horizontal line at zero, making it easy to interpret the indicator's signals.
The core functionality of the Weighted Volatility indicator is powered by the weighted_volatility_oscillator function from the PeacefulIndicators library, ensuring accurate and reliable results.
To start using the Weighted Volatility indicator in your trading analysis, simply add the script to your chart and customize the input parameters as needed. We hope this script, built upon the PeacefulIndicators library, proves to be a valuable addition to your trading strategy.
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