This indicator for Profit Trailer Feeder plots out the values for four different Offset Groups:
1) Upside Volatility - green line 2) Downside Volatility - red line 3) Average Candle Size - orange histogram 4) UpsideDownsideVolatilityDifference - orange histogram
The user can switch between viewing histogram as either Average Candle Size or UpsideDownsideVolatilityDifference
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I had a request to add a "Tip Jar" for those who wanted to express their thanks for these indicators. So if you want to say thanks, then you're welcome:
LTC Tip Jar: LX4bUBdjiRPsagUbZoAczSGgDC4YqTJL7w
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Now includes Short, Medium and Long term volatility calculations for upside, downside, average candle size and volatility difference. Added the ability to switch on and off various elements from the main settings tab. Colour coded Histogram to the three time scales.
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Fixed an error in the downside volatility calculations. Now displays more accurate values.
Hi, I am learning to use PT+F in an advanced manner - could you share the general volatility difference formula? The meaning is ambiguous because it can be created in several ways, at least in my mind because my background is not fintech.