Volatility & Amplitude

This indicator calculates the volatility and amplitude of the price.

Its use can be useful for three reasons

Knowing volatility

To know the amplitude of price movements

To know the relationship between the two

The most important function of this indicator is reporting.

The ratio is simply the difference between the amplitude and the volatility, if the amplitude, i.e. the average movements are smaller than the volatility, then the price is in a phase of stagnation.

This way, if you are trading multiple markets, taking the one that gives the best ratio will benefit your portfolio!

The second function that I say “useful” and not important is volatility, in fact knowing the volatility is very useful to position stop loss protection.

And finally the amplitude, which is nothing more than information.

So to put it simply, if the report is negative, not trading is the best idea!

If you are trading forex, you will need to check the external variable “Forex”.

//
//=/===============/=//=/===============/=//=/ Indicator Range Trend
//

defparam drawonlastbaronly = true

//
//=/===============/=//=/===============/=//=/ Range Fast
//


once FxRRange=close

Fxscale = 2.338*average[14,1](abs(close-close[1]))

FxR = average[27,1](FxScale)
FxHH = close
FxLL = close

if FxHH > FxRRange[1] then
if (FxHH-FxR) < FxRRange[1] then
FxRRange = FxRRange[1]
else
FxRRange = (FxHH-FxR)
endif
elsif (FxLL+FxR) > FxRRange[1] then
FxRRange = FxRRange[1]
else
FxRRange = (FxLL+FxR)
endif

FxTrend = FxRRange
FxURange = FxRRange + FxR
FxDRange = FxRRange - FxR

//
//=/===============/=//=/===============/=//=/ Range Low
//

once LxRRange=close

LxR = 2.338*average[14,1](abs(close-close[1]))
LxHH = high
LxLL = low

if LxHH > LxRRange[1] then
if (LxHH-LxR) < LxRRange[1] then
LxRRange = LxRRange[1]
else
LxRRange = (LxHH-LxR)
endif
elsif (LxLL+LxR) > LxRRange[1] then
LxRRange = LxRRange[1]
else
LxRRange = (LxLL+LxR)
endif

LxTrend = LxRRange
LxURange = LxRRange + LxR
LxDRange = LxRRange - LxR

//
//=/===============/=//=/===============/=//=/ Trend Line
//

//=/ Trend Line
TLr = (FxTrend+LxTrend)/2
AvTrD1 = (TLr+TLr[1])/2
AvTrD2 = (AvTrD1-TLr)/15
TrDL = AvTrD1-AvTrD2

//=/ Up Range
XURange = (FxURange+LxURange)/2

//=/ Dw Range
XDRange = ((FxDRange+LxDRange)/2)

//
//=/===============/=//=/===============/=//=/ Volatility & Amplitude Settings
//

//=/ Decompte Haussier
UAmp = 0
if close > TrDL then
UAmp = UAmp[1]+1
endif

//=/ Decompte Baissier
DAmp = 0
if close < TrDL then
DAmp = DAmp[1]+1
endif

//=/ Decompte Global
Amp = UAmp+DAmp
if Amp < Amp[1]-1 then
Amp = Amp[Amp]-Amp
endif

VRange = 0
if TrDL = TrDL[1] then
VRange = VRange[1]+1
endif

//=/ Decompte Amplitude
OAmp = (Amp-VRange)-VRange
if OAmp < 0 then
OAmp = 0
endif

if OAmp < OAmp[1]-1 then
OAmp = OAmp[1]-1
endif

if OAmp > OAmp[1]+1 then
OAmp = OAmp[1]+1
endif

//=/ Decompte final
if VRange > OAmp then
OAmp = VRange
endif

P = round(OAmp)

if forex then

//=/ Volatility
Volatilite = (((XURange*0.5)-(XDRange*0.5))*10000)

XV = round(Volatilite)
drawtext("                                                                      #XV# Volatility",barindex[1],TrDL[1]+(XURange[1]-TrDL[1]),Dialog,Bold,12) coloured(0,0,0)

//=/ Amplitude
if close > TrDL then
Amplitude = (close-Lowest[P](low))*10000
elsif close < TrdL then
Amplitude = (Highest[P](high)-close)*10000
endif

XA = round(Amplitude)
drawtext("                                                                         #XA# Amplitude",barindex[1],TrDL[1]+((XURange[1]-TrDL[1])/2),Dialog,Bold,12) coloured(0,0,0)

//=/ Rapport
RPP = (Amplitude-Volatilite)
XR = round (RPP)

if RPP > 0 then
drawtext("                                                                      #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(0,0,0)
elsif RPP =< 0 then
drawtext("                                                                      #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(199,19,19)
endif

else

//=/ Volatility
Volatilite = ((XURange*0.5)-(XDRange*0.5))

XV = round(Volatilite)
drawtext("                                                                      #XV# Volatility",barindex[1],TrDL[1]+(XURange[1]-TrDL[1]),Dialog,Bold,12) coloured(0,0,0)

//=/ Amplitude
if close > TrDL then
Amplitude = close-Lowest[P](low)
elsif close < TrdL then
Amplitude = Highest[P](high)-close
endif

XA = round(Amplitude)
drawtext("                                                                         #XA# Amplitude",barindex[1],TrDL[1]+((XURange[1]-TrDL[1])/2),Dialog,Bold,12) coloured(0,0,0)

//=/ Rapport
RPP = (Amplitude-Volatilite)
XR = round (RPP)

if RPP > 0 then
drawtext("                                                                      #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(0,0,0)
elsif RPP =< 0 then
drawtext("                                                                      #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(199,19,19)
endif
endif


return

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//=/===============/=//=/===============/=//=/ Indicator Range Trend

defparam drawonlastbaronly = true

//=/===============/=//=/===============/=//=/ Range Fast

once FxRRange=close

Fxscale = 2.338*average[14,1](abs(close-close[1]))

FxR = average[27,1](FxScale)

FxHH = close

FxLL = close

if FxHH > FxRRange[1] then

if (FxHH-FxR) < FxRRange[1] then

FxRRange = FxRRange[1]

else

FxRRange = (FxHH-FxR)

endif

elsif (FxLL+FxR) > FxRRange[1] then

FxRRange = FxRRange[1]

else

FxRRange = (FxLL+FxR)

endif

FxTrend = FxRRange

FxURange = FxRRange + FxR

FxDRange = FxRRange - FxR

//=/===============/=//=/===============/=//=/ Range Low

once LxRRange=close

LxR = 2.338*average[14,1](abs(close-close[1]))

LxHH = high

LxLL = low

if LxHH > LxRRange[1] then

if (LxHH-LxR) < LxRRange[1] then

LxRRange = LxRRange[1]

else

LxRRange = (LxHH-LxR)

endif

elsif (LxLL+LxR) > LxRRange[1] then

LxRRange = LxRRange[1]

else

LxRRange = (LxLL+LxR)

endif

LxTrend = LxRRange

LxURange = LxRRange + LxR

LxDRange = LxRRange - LxR

//=/===============/=//=/===============/=//=/ Trend Line

//=/ Trend Line

TLr = (FxTrend+LxTrend)/2

AvTrD1 = (TLr+TLr[1])/2

AvTrD2 = (AvTrD1-TLr)/15

TrDL = AvTrD1-AvTrD2

//=/ Up Range

XURange = (FxURange+LxURange)/2

//=/ Dw Range

XDRange = ((FxDRange+LxDRange)/2)

//=/===============/=//=/===============/=//=/ Volatility & Amplitude Settings

//=/ Decompte Haussier

UAmp = 0

if close > TrDL then

UAmp = UAmp[1]+1

endif

//=/ Decompte Baissier

DAmp = 0

if close < TrDL then

DAmp = DAmp[1]+1

endif

//=/ Decompte Global

Amp = UAmp+DAmp

if Amp < Amp[1]-1 then

Amp = Amp[Amp]-Amp

endif

VRange = 0

if TrDL = TrDL[1] then

VRange = VRange[1]+1

endif

//=/ Decompte Amplitude

OAmp = (Amp-VRange)-VRange

if OAmp < 0 then

OAmp = 0

endif

if OAmp < OAmp[1]-1 then

OAmp = OAmp[1]-1

endif

if OAmp > OAmp[1]+1 then

OAmp = OAmp[1]+1

endif

//=/ Decompte final

if VRange > OAmp then

OAmp = VRange

endif

P = round(OAmp)

if forex then

//=/ Volatility

Volatilite = (((XURange*0.5)-(XDRange*0.5))*10000)

XV = round(Volatilite)

drawtext(" #XV# Volatility",barindex[1],TrDL[1]+(XURange[1]-TrDL[1]),Dialog,Bold,12) coloured(0,0,0)

//=/ Amplitude

if close > TrDL then

Amplitude = (close-Lowest[P](low))*10000

elsif close < TrdL then

Amplitude = (Highest[P](high)-close)*10000

endif

XA = round(Amplitude)

drawtext(" #XA# Amplitude",barindex[1],TrDL[1]+((XURange[1]-TrDL[1])/2),Dialog,Bold,12) coloured(0,0,0)

//=/ Rapport

RPP = (Amplitude-Volatilite)

XR = round (RPP)

if RPP > 0 then

drawtext(" #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(0,0,0)

elsif RPP =< 0 then

drawtext(" #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(199,19,19)

endif

else

//=/ Volatility

Volatilite = ((XURange*0.5)-(XDRange*0.5))

XV = round(Volatilite)

drawtext(" #XV# Volatility",barindex[1],TrDL[1]+(XURange[1]-TrDL[1]),Dialog,Bold,12) coloured(0,0,0)

//=/ Amplitude

if close > TrDL then

Amplitude = close-Lowest[P](low)

elsif close < TrdL then

Amplitude = Highest[P](high)-close

endif

XA = round(Amplitude)

drawtext(" #XA# Amplitude",barindex[1],TrDL[1]+((XURange[1]-TrDL[1])/2),Dialog,Bold,12) coloured(0,0,0)

//=/ Rapport

RPP = (Amplitude-Volatilite)

XR = round (RPP)

if RPP > 0 then

drawtext(" #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(0,0,0)

elsif RPP =< 0 then

drawtext(" #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(199,19,19)

endif

return

amplitude range volatility

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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Seabiscuit • 11/24/2020 #
Hi! I like this indicator a lot, been using it on a 30 min timeframe and usually confirms my thesis/process. Is there any way of moving the text on the chart closer to price?

Ramahu • 11/24/2020 #
Bonjour et merci pour cet indicateur ! je l’observe sur les actions du Nasdaq et la plupart du temps, il affiche 0 pour les 3 variables, est ce normal ? merci à toi.

ALE Very Very Nice

manel Hi - Many thanks for this and your other analytical codes, stellar work - very useful ! With...

Vonasi Good idea Manel. I have posted a new version here that shows results as a percentage: https:...

Bard Problems with Safari latest s/ware and this site and links and adding code. Let me add the...

grimweasel47 Ok thanks Nicolas - could this be adapted to take into account MFI and then have price, volu...

Nicolas I don't understand what you mean exactly, would be better to open a topic about this idea wi...

DanT01 Hi Nicolas, great work! Is it possible to contact you to help with a couple of indicators? T...

Nicolas Assistance is free on forums. For private job, you can contact me with the trading programmi...

Anonymous Thank you! I was reading the book Beyond Technical Analysis and wanted to try to coding RAV...

Juan Salas Hi FULVIO09, Nice piece of work. It seems to work very well. Does only work for INDEXES??...

Johann Hi @FULVI09, I understand the instructions however I'm not too sure how to determine the "p...

Player8520 Hello, It doesn't work with me either. However, I changed AA to 180 on line 15, added th...

joobeng Sorry, I solved the problem. I have add the CBL indicator using the spanner icon on the pric...

Nicolas Adjust the price settings for the Y Axis to use the price only.

XXXXVII Hello Your indicator is interesting. However, I can't see the orange line. Do you have ...

ullle73 nicolas, can you somehome make this to be in the background of the price chart?

jonpt88 none did that yet right?

Nicolas You can ask for a code modification on forums, please open a new topic with your request.

flodefacebook Merci Nicolas pour cet indicateur. Très utile dans une technique de retournement.

HeikinAshi thank you for this very interesting indicator Nicolas! did you define a tradable setup fo...

christophe11560 salut gabri, Je n'ai pas de commentaire sur "s*s", c'est ton choix personnel. Je me posais...

gabri Hi, the SQRT(254) it is used to annualize the value. In terms of the "s*s" I just used the s...

christophe11560 Merci pour ton retour

guillermus69 is this " a= log(close/close[1])" better than a = ((close/close[1]) -1) *100 . I ...

gildaslm Hi gabri, thanks very much for your work, it helps me a lot. Have you ever tried to make the...

gandolfi thanks for your screener. Do you have the code for original Sharp ratio in order to compare ...

Lotech123 Thanks for this indicator. Working on a 3 M timeframe with the DJI, it can produce some inte...

JSTAR PRODUCTIONS Hi there, I downloaded the Indicator but the indicator does not show up on my charts. Am...

JSTAR PRODUCTIONS Hi, Worked it out. Thanks

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