OPEN-SOURCE SCRIPT
Updated Bar Width Percent Rank
A simple script to calculate and show the current percent rank of the absolute open - close (candle bar width) over a given period.
Useful to determine the current volatility.
A higher value indicates that the current period is having a big swing.
Useful to determine the current volatility.
A higher value indicates that the current period is having a big swing.
Release Notes
updated the position of the labelRelease Notes
Show percent rank of bar width in separate chart insteadOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.