OPEN-SOURCE SCRIPT

Volatility % Bands (O→C)

56
Volatility % Bands (O→C) is an indicator designed to visualize the percentage change from Open to Close of each candle, providing a clear view of short-term momentum and volatility.

  • **Histogram**: Displays bar-by-bar % change (Close vs Open). Green bars indicate positive changes, while red bars indicate negative ones, making momentum shifts easy to identify.
  • **Moving Average Line**: Plots the Simple Moving Average (SMA) of the absolute % change, helping traders track the average volatility over a chosen period.
  • **Background Bands**: Based on the user-defined Level Step, ±1 to ±5 zones are highlighted as shaded bands, allowing quick recognition of whether volatility is low, moderate, or extreme.
  • **Label**: Shows the latest candle’s % change and the current SMA value as a floating label on the right, making it convenient for real-time monitoring.


This tool can be useful for volatility breakout strategies, day trading, and short-term momentum analysis.

免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。