True Range in %
I like to look at volatility in percentage and not in numbers. This is exactly what this script provides. It calculates the true range of a candle in percentage to the current price (for finished candles it uses it's close price).
The script also allows you to compare open and close prices.
The script also allows you to compare open and close prices.
Website for paid options: blacksignallab.com
Follow On Twitter: x.com/TraderWorst
Follow On Twitter: x.com/TraderWorst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Website for paid options: blacksignallab.com
Follow On Twitter: x.com/TraderWorst
Follow On Twitter: x.com/TraderWorst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.