Daily Risk Ranges

This indictor creates daily Risk Ranges using historical volatility , volatility skew and vol-of-vol.
Release Notes: Bug fixes
Release Notes: I changed the code to use Cornish-Fisher approximation to define the skew of the range using the volatility skew and kurtosis. I also changed the volatility parametre to respond quicker to increases in volatility than decreases in volatility to avoid paying the price for hidden volatility.
Release Notes: Implementing DCA with MA
Release Notes: What happens she you don't check ma box
Remove from Favorite Scripts Add to Favorite Scripts


@lagobrian23, I see that there are some hard coding numbers in the cumulants i.e. 24 in third term and 36 in fourth term. Why is that the case? I can guess that 6 is 3! and 24 is 4! But I can't seem to figure out 36. Thanks man and great code!
thanks. how is this one different from the other script?
lagobrian23 bruitdefond
@bruitdefond , this one is mine and I'll be adding some features soon. The other one was for someone else
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out