snowdex

Volatility Dashboard

This indicator calculates and displays volatility metrics for a specified number of bars (rolling window) on a TradingView chart. It can be customized to display information in English or Thai and can position the dashboard at various locations on the chart.

Inputs
  • Language: Users can choose between English ("ENG") and Thai ("TH") for the dashboard's language.
  • Dashboard Position: Users can specify where the dashboard should appear on the chart. Options include various positions such as "Bottom Right", "Top Center", etc.
  • Calculation Method: Currently, the script supports "High-Low" for volatility calculation. This method calculates the difference between the highest and lowest prices within a specified timeframe.
  • Bars: Number of bars used to calculate the volatility.

Display Logic
  • Fills the islast_vol_points array with the calculated volatility points.
  • Sets the table cells with headers and corresponding values:
    => Highest Volatility: The maximum value in the islast_vol_points array
    => Mean Volatility: The average value in the islast_vol_points array,
    => Lowest Volatility: The minimum value in the islast_vol_points array, Number of Bars: The rolling window size.





Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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