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Percentage SD

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This TradingView indicator, called "Percentage SD," measures how much the price of an asset is fluctuating (its volatility) and shows this as a percentage.

You can choose which price to track (like the closing price) and the period over which to measure this volatility.

The indicator then draws a yellow line in a separate panel below your main chart. When this line is higher, it means the price is more volatile relative to its current level. A lower line suggests less volatility. This can help you see when price movements are becoming more or less active.

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