Volatility & Amplitude

This indicator calculates the volatility and amplitude of the price.

Its use can be useful for three reasons

Knowing volatility

To know the amplitude of price movements

To know the relationship between the two

The most important function of this indicator is reporting.

The ratio is simply the difference between the amplitude and the volatility, if the amplitude, i.e. the average movements are smaller than the volatility, then the price is in a phase of stagnation.

This way, if you are trading multiple markets, taking the one that gives the best ratio will benefit your portfolio!

The second function that I say “useful” and not important is volatility, in fact knowing the volatility is very useful to position stop loss protection.

And finally the amplitude, which is nothing more than information.

So to put it simply, if the report is negative, not trading is the best idea!

If you are trading forex, you will need to check the external variable “Forex”.

//
//=/===============/=//=/===============/=//=/ Indicator Range Trend
//

defparam drawonlastbaronly = true

//
//=/===============/=//=/===============/=//=/ Range Fast
//


once FxRRange=close

Fxscale = 2.338*average[14,1](abs(close-close[1]))

FxR = average[27,1](FxScale)
FxHH = close
FxLL = close

if FxHH > FxRRange[1] then
if (FxHH-FxR) < FxRRange[1] then
FxRRange = FxRRange[1]
else
FxRRange = (FxHH-FxR)
endif
elsif (FxLL+FxR) > FxRRange[1] then
FxRRange = FxRRange[1]
else
FxRRange = (FxLL+FxR)
endif

FxTrend = FxRRange
FxURange = FxRRange + FxR
FxDRange = FxRRange - FxR

//
//=/===============/=//=/===============/=//=/ Range Low
//

once LxRRange=close

LxR = 2.338*average[14,1](abs(close-close[1]))
LxHH = high
LxLL = low

if LxHH > LxRRange[1] then
if (LxHH-LxR) < LxRRange[1] then
LxRRange = LxRRange[1]
else
LxRRange = (LxHH-LxR)
endif
elsif (LxLL+LxR) > LxRRange[1] then
LxRRange = LxRRange[1]
else
LxRRange = (LxLL+LxR)
endif

LxTrend = LxRRange
LxURange = LxRRange + LxR
LxDRange = LxRRange - LxR

//
//=/===============/=//=/===============/=//=/ Trend Line
//

//=/ Trend Line
TLr = (FxTrend+LxTrend)/2
AvTrD1 = (TLr+TLr[1])/2
AvTrD2 = (AvTrD1-TLr)/15
TrDL = AvTrD1-AvTrD2

//=/ Up Range
XURange = (FxURange+LxURange)/2

//=/ Dw Range
XDRange = ((FxDRange+LxDRange)/2)

//
//=/===============/=//=/===============/=//=/ Volatility & Amplitude Settings
//

//=/ Decompte Haussier
UAmp = 0
if close > TrDL then
UAmp = UAmp[1]+1
endif

//=/ Decompte Baissier
DAmp = 0
if close < TrDL then
DAmp = DAmp[1]+1
endif

//=/ Decompte Global
Amp = UAmp+DAmp
if Amp < Amp[1]-1 then
Amp = Amp[Amp]-Amp
endif

VRange = 0
if TrDL = TrDL[1] then
VRange = VRange[1]+1
endif

//=/ Decompte Amplitude
OAmp = (Amp-VRange)-VRange
if OAmp < 0 then
OAmp = 0
endif

if OAmp < OAmp[1]-1 then
OAmp = OAmp[1]-1
endif

if OAmp > OAmp[1]+1 then
OAmp = OAmp[1]+1
endif

//=/ Decompte final
if VRange > OAmp then
OAmp = VRange
endif

P = round(OAmp)

if forex then

//=/ Volatility
Volatilite = (((XURange*0.5)-(XDRange*0.5))*10000)

XV = round(Volatilite)
drawtext("                                                                      #XV# Volatility",barindex[1],TrDL[1]+(XURange[1]-TrDL[1]),Dialog,Bold,12) coloured(0,0,0)

//=/ Amplitude
if close > TrDL then
Amplitude = (close-Lowest[P](low))*10000
elsif close < TrdL then
Amplitude = (Highest[P](high)-close)*10000
endif

XA = round(Amplitude)
drawtext("                                                                         #XA# Amplitude",barindex[1],TrDL[1]+((XURange[1]-TrDL[1])/2),Dialog,Bold,12) coloured(0,0,0)

//=/ Rapport
RPP = (Amplitude-Volatilite)
XR = round (RPP)

if RPP > 0 then
drawtext("                                                                      #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(0,0,0)
elsif RPP =< 0 then
drawtext("                                                                      #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(199,19,19)
endif

else

//=/ Volatility
Volatilite = ((XURange*0.5)-(XDRange*0.5))

XV = round(Volatilite)
drawtext("                                                                      #XV# Volatility",barindex[1],TrDL[1]+(XURange[1]-TrDL[1]),Dialog,Bold,12) coloured(0,0,0)

//=/ Amplitude
if close > TrDL then
Amplitude = close-Lowest[P](low)
elsif close < TrdL then
Amplitude = Highest[P](high)-close
endif

XA = round(Amplitude)
drawtext("                                                                         #XA# Amplitude",barindex[1],TrDL[1]+((XURange[1]-TrDL[1])/2),Dialog,Bold,12) coloured(0,0,0)

//=/ Rapport
RPP = (Amplitude-Volatilite)
XR = round (RPP)

if RPP > 0 then
drawtext("                                                                      #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(0,0,0)
elsif RPP =< 0 then
drawtext("                                                                      #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(199,19,19)
endif
endif


return

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//=/===============/=//=/===============/=//=/ Indicator Range Trend

defparam drawonlastbaronly = true

//=/===============/=//=/===============/=//=/ Range Fast

once FxRRange=close

Fxscale = 2.338*average[14,1](abs(close-close[1]))

FxR = average[27,1](FxScale)

FxHH = close

FxLL = close

if FxHH > FxRRange[1] then

if (FxHH-FxR) < FxRRange[1] then

FxRRange = FxRRange[1]

else

FxRRange = (FxHH-FxR)

endif

elsif (FxLL+FxR) > FxRRange[1] then

FxRRange = FxRRange[1]

else

FxRRange = (FxLL+FxR)

endif

FxTrend = FxRRange

FxURange = FxRRange + FxR

FxDRange = FxRRange - FxR

//=/===============/=//=/===============/=//=/ Range Low

once LxRRange=close

LxR = 2.338*average[14,1](abs(close-close[1]))

LxHH = high

LxLL = low

if LxHH > LxRRange[1] then

if (LxHH-LxR) < LxRRange[1] then

LxRRange = LxRRange[1]

else

LxRRange = (LxHH-LxR)

endif

elsif (LxLL+LxR) > LxRRange[1] then

LxRRange = LxRRange[1]

else

LxRRange = (LxLL+LxR)

endif

LxTrend = LxRRange

LxURange = LxRRange + LxR

LxDRange = LxRRange - LxR

//=/===============/=//=/===============/=//=/ Trend Line

//=/ Trend Line

TLr = (FxTrend+LxTrend)/2

AvTrD1 = (TLr+TLr[1])/2

AvTrD2 = (AvTrD1-TLr)/15

TrDL = AvTrD1-AvTrD2

//=/ Up Range

XURange = (FxURange+LxURange)/2

//=/ Dw Range

XDRange = ((FxDRange+LxDRange)/2)

//=/===============/=//=/===============/=//=/ Volatility & Amplitude Settings

//=/ Decompte Haussier

UAmp = 0

if close > TrDL then

UAmp = UAmp[1]+1

endif

//=/ Decompte Baissier

DAmp = 0

if close < TrDL then

DAmp = DAmp[1]+1

endif

//=/ Decompte Global

Amp = UAmp+DAmp

if Amp < Amp[1]-1 then

Amp = Amp[Amp]-Amp

endif

VRange = 0

if TrDL = TrDL[1] then

VRange = VRange[1]+1

endif

//=/ Decompte Amplitude

OAmp = (Amp-VRange)-VRange

if OAmp < 0 then

OAmp = 0

endif

if OAmp < OAmp[1]-1 then

OAmp = OAmp[1]-1

endif

if OAmp > OAmp[1]+1 then

OAmp = OAmp[1]+1

endif

//=/ Decompte final

if VRange > OAmp then

OAmp = VRange

endif

P = round(OAmp)

if forex then

//=/ Volatility

Volatilite = (((XURange*0.5)-(XDRange*0.5))*10000)

XV = round(Volatilite)

drawtext(" #XV# Volatility",barindex[1],TrDL[1]+(XURange[1]-TrDL[1]),Dialog,Bold,12) coloured(0,0,0)

//=/ Amplitude

if close > TrDL then

Amplitude = (close-Lowest[P](low))*10000

elsif close < TrdL then

Amplitude = (Highest[P](high)-close)*10000

endif

XA = round(Amplitude)

drawtext(" #XA# Amplitude",barindex[1],TrDL[1]+((XURange[1]-TrDL[1])/2),Dialog,Bold,12) coloured(0,0,0)

//=/ Rapport

RPP = (Amplitude-Volatilite)

XR = round (RPP)

if RPP > 0 then

drawtext(" #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(0,0,0)

elsif RPP =< 0 then

drawtext(" #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(199,19,19)

endif

else

//=/ Volatility

Volatilite = ((XURange*0.5)-(XDRange*0.5))

XV = round(Volatilite)

drawtext(" #XV# Volatility",barindex[1],TrDL[1]+(XURange[1]-TrDL[1]),Dialog,Bold,12) coloured(0,0,0)

//=/ Amplitude

if close > TrDL then

Amplitude = close-Lowest[P](low)

elsif close < TrdL then

Amplitude = Highest[P](high)-close

endif

XA = round(Amplitude)

drawtext(" #XA# Amplitude",barindex[1],TrDL[1]+((XURange[1]-TrDL[1])/2),Dialog,Bold,12) coloured(0,0,0)

//=/ Rapport

RPP = (Amplitude-Volatilite)

XR = round (RPP)

if RPP > 0 then

drawtext(" #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(0,0,0)

elsif RPP =< 0 then

drawtext(" #XR# Report",barindex[1],TrDL[1],Dialog,Bold,12) coloured(199,19,19)

endif

return

amplitude range volatility

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments :

Filename : download the ITF files

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Seabiscuit • 11/24/2020 #
Hi! I like this indicator a lot, been using it on a 30 min timeframe and usually confirms my thesis/process. Is there any way of moving the text on the chart closer to price?

Ramahu • 11/24/2020 #
Bonjour et merci pour cet indicateur ! je l’observe sur les actions du Nasdaq et la plupart du temps, il affiche 0 pour les 3 variables, est ce normal ? merci à toi.

kats BONSOIR c bon merci j ai trouve ce weekend merci de votre reponse cdlt

the_giorgio Hi, nice work I would like to understand something about prorealtime code. With your ...

Iván Hello. When you use the drawcandle() instruction then in the configuration window you add ...

larouedegann TIMEFRAME(15minutes) apparemment ne fonctionne pas

Iván Bonjour Je ne comprends pas bien le problème. L'indicateur fonctionne dans n'importe quelle...

larouedegann OUI je le sais, il fonctionne dans toutes les unités de temps. Mais je souhaite utiliser l'i...

jacquesgermain sì da aggiungere

Maik2404 auf welchen Wert muss ich die Kompresionsperiode stellen?

jacquesgermain — Période de compression : ce paramètre détermine la période de rétrospection utilisée pour ...

finplus Bonjour, une petite demande concernant cet indicateur : comment faire pour que lorsque la bo...

LucasBest Bonjour, la coloration des bandes se fait ligne 111 et 112 à l'aide des instructions colorbe...

YvesRobert Bonjour Nicolas, en effet ca marche, je me suis trompé, j'ai bien tout le tracé. C'est parce...

oliTR Bonjour, les conditions longCond et shortCond ne contiennent-elles pas une condition qui s'a...

xpe74 Utilitaire vraiment top, d'autant qu'ajouter des filtres de seuil peux aider a limiter le no...

AndPar Buongiorno Nicolas, vorrei provare questo indicatore, ma quando lo inserisco in PRT mi vengo...

Nicolas Basta aggiungerlo al prezzo https://www.prorealcode.com/blog/video-tutorials/how-to-add-an-i...

Aragorna hello Nicolas, this indicator works with the last Beta version of PRT? Ive seen tha many in...

SnorreDK Works extremely well - How? How do u implement this in a startegy? Breakoutstrategy?

Keyeming Thanks, but yes same question as above, some explanations on how to read it would be appreci...

Bateson Bonjour. Merci beaucoup ! J'ai installé l'indicateur sur PRT 11 mais pour des raisons qui ...

CederTrader Hi Denis, does this indicator add to the chart as panel, or on the candles. Thanks

Nicolas Add it on the price chart as described in this video: https://www.prorealcode.com/blog/video...

Denis Hello Nicolas and Ceder Trader, Sorry, I only just saw your replies. The indicator is alre...

Boris Hi IVMcm, thanks for your amazing work. I have tested all of your indicators and use some of...

IV Mcm With pleasure and thanks!

ashiash how to use this indicator can i use tradingview platform

IV Mcm Line 68 and 70, you must delete the instruction at the end of the line "" Bordercolor(0,0,0,...

BoutDePain This instruction is for the V11 maybe that you are using V10.3 then you can safely remove it.

Protagonist Bonjour, Je vois l'instruction inRange mais je ne trouve pas sa signification. Pouvez-vous...

Nicolas La définition des couleurs se situent entre les lignes 94 et 118. Selon le type de bougie (h...

Manu35250 Bonjour Nicolas, Est il possible de convertir cet indicateur en screener ? J'essaie depui...

Nicolas Bien sûr, merci de formuler la demande dans le forum approprié en respectant les règles de p...

Nicolas Il doit s'agir d'un mauvais copier/coller. Je suggère de télécharger le fichier itf contenu ...

Bard Hello @Nicolas, I can get this to display in a separate indicator panel but not on Price as ...

Stenozar Hi @Nicolas, how can I put the bands on price? Thanks, Stefano

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