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Directional Expectancy

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The Directional Expectancy tool is a volatility based indicator, It is a Directional Correlation to the Volatility given by the Historical Volatility Percentile.

We calculate this correlation function then visually color plot it across a moving average of the HVP.

Use this tool to not only gauge the Historical Volatility that is present as well as the Directional Expectancy of the volatility and price!

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