OPEN-SOURCE SCRIPT
Best Volatility Calculator (Multi Instruments)

Hello traders
A bit of context
Definition: Volatility is defined as the close of current candle - close of the previous N candle
This is an alternative version of my Best Volatility Calculator
The other version is displayed on a panel below. This one overlays on the chart using the "overlay=true" setting
This indicator shows the average volatility, of last N Periods, for the selected time frames and for 2 selected instruments.
You can select up to 2 timeframes with this version
Presented as Currency, Pip, percentage labels in a panel below.
Will calculate in real-time only for the current instrument on the chart.
The indicator is coded to not be repainting
Example
In the indicator screenshot, I used a lookback period of 1.
That compares the current candle close versus the previous one for the daily and weekly timeframe
Showing how the results look like using FOREX instruments (where using the PIPS labels make more sense than with cryptocurrency assets)

Best regards
Dave
A bit of context
Definition: Volatility is defined as the close of current candle - close of the previous N candle
This is an alternative version of my Best Volatility Calculator
The other version is displayed on a panel below. This one overlays on the chart using the "overlay=true" setting
This indicator shows the average volatility, of last N Periods, for the selected time frames and for 2 selected instruments.
You can select up to 2 timeframes with this version
Presented as Currency, Pip, percentage labels in a panel below.
Will calculate in real-time only for the current instrument on the chart.
The indicator is coded to not be repainting
Example
In the indicator screenshot, I used a lookback period of 1.
That compares the current candle close versus the previous one for the daily and weekly timeframe
Showing how the results look like using FOREX instruments (where using the PIPS labels make more sense than with cryptocurrency assets)
Best regards
Dave
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
⭐️ Listed as an Official TradingView Trusted TOP Pine Programmer
📧 Coding/Consulting Inquiries: dave@best-trading-indicator
Telegram: Daveatt
⏩ Course: best-trading-indicator.com
Twitter: twitter.com/bti_trading
📧 Coding/Consulting Inquiries: dave@best-trading-indicator
Telegram: Daveatt
⏩ Course: best-trading-indicator.com
Twitter: twitter.com/bti_trading
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
⭐️ Listed as an Official TradingView Trusted TOP Pine Programmer
📧 Coding/Consulting Inquiries: dave@best-trading-indicator
Telegram: Daveatt
⏩ Course: best-trading-indicator.com
Twitter: twitter.com/bti_trading
📧 Coding/Consulting Inquiries: dave@best-trading-indicator
Telegram: Daveatt
⏩ Course: best-trading-indicator.com
Twitter: twitter.com/bti_trading
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。