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.

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ullle73 why not use 1h chart? has 95% hitrate

ullle73 i see most of positions are only 1 pip before exit?

Francesco78 Hi Pepmartorell, please let's continue the discussion on the forum thread so that we can sha...

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imokdesign Hi Everybody, when I look at the strategy I felt the need to implement a Moneymanagement-Sy...

Inertia newlevel then multiplier=multiplier+1 oldlevel=newlevel newlevel=strategyprofit+startequi...

Inertia Hi Bjoern, I was playing around with your code this morning (EUR/USD 5'). Thank you to the...

Jodal Bonjour Nicolas, Merci pour cet indicateur! Est-ce possible de configurer une alerte pou...

Nicolas Merci pour le post dans le forum en respectant les règles de publication énoncées dans le ca...

Dron De lo mejorcito

fabio407 Thanks, Nicolas. Very useful. Would you tell me where to find what result conveys the functi...

Nicolas This is not an instruction of the programming language but a variable from this indicator (l...

fabio407 OK. I didn't notice it. Many thanks, Nicolas!

Wilko And not only readable.... makes it much easier to iterate different entry/exit-conditions, d...

IGOSNELL Hi Interesting strategy, when I used $ M-R Dif EURUSD M15 Long if does not enter any positi...

ilvillans HI, I modified the system, from good results but from this error: Replace the variables wit...

Nicolas Restart your platform in order to be sure to use the last version, there was a version rollb...

bertrandpinoy bonjour voud pouvez m envoyer le code modifier par vous?

Nicolas Désolé , je ne comprends pas votre question.

Nicolas Rien, il faut l'appliquer sur la charte. Soit le mettre sur le graphique du prix, à l'aide d...

signorini Merci pour votre réponse. Je l'applique sur la charte, j'utilise la petite clé pour effacer ...

signorini Je vous remercie, Nicolas. C'est fixé. Très bon week-end.

Nicolas si il n'y a pas de stoploss définit dans le code, alors c'est normal :)

bertrandpinoy bonjour merci pour la réponse. Oui b sur ... est il possible que le SL soit coder sous une a...

Nicolas ok mais pourquoi poser la question ici ? Pour des questions non spécifique à cette article, ...

julien1978 The ADR value that is plotted intraday does not match the value of the regular ATR indicator...

Fab666 I've tried to get a fix for this also but no luck, it doesn't print the correct data as far ...

Seabiscuit Hi! With the new PRT update, this indicator does not work anymore

Pelle Nævestad Thanks Nicolas, this is a keeper!

Chicane23 Hi, when uploaded the WAE isnt showing histogram; only line. Is there a way to modify?

Nicolas Change the way the lines are displayed in the indicator settings window : histogram, lines, ...

Dimi.A Perfect for counter-trend scalping. I like this!

viktorthuns Hi Nicolas! Great work you've done with all your indicators. Just wondering about the code a...

Nicolas the value is not a boolean but an average of an addition of booleans. As stated in the descr...

Doctrading Hello, The strategy should be improved, no doubt. But it was just one of my ideas, which h...

ALEALE Yes Nicolas is very difficult, macro economic data can destroy any work!!

styrke depends which.. I personally think that it's much more easier to trade on XBTUSD, try to co...

David Thanks for the explanation Nicolas.

freecat1899 Hello, I wanted to create a percent ADR based on this indicator, so I wrote this code that I...

revstrat At first glance, I see this mistake. You shouldn't average the highs and the lows. You shoul...

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