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Position Sizer by Volatility
Description:
The **Position Sizer by Volatility (PSV)** is an indicator that helps traders determine what percentage of their deposit a position will occupy, taking into account the current market volatility. PSV calculates the range of price movements over recent periods and shows how large this movement is compared to historical data. The lower the value, the lower the volatility, and the smaller the stop-loss required relative to the current price.
Explanation of PSV Parameters:
- `len` (Period Length):** This parameter sets the number of candles (bars) on the chart that will be used to calculate volatility. For example, if `len` is set to 250, the indicator will analyze price movements over the last 250 bars. The larger the value, the longer the period used for volatility assessment.
- `percent` (Percentile):** This parameter determines how strong price fluctuations you want to account for. For instance, if you set `percent` to 95, the indicator will focus on the 5% of instances where the price range was the largest over the specified period. This helps evaluate volatility during periods of sharp price movements, which may require a larger stop-loss. A higher percentile accounts for rarer but stronger movements, and vice versa.
The **Position Sizer by Volatility (PSV)** is an indicator that helps traders determine what percentage of their deposit a position will occupy, taking into account the current market volatility. PSV calculates the range of price movements over recent periods and shows how large this movement is compared to historical data. The lower the value, the lower the volatility, and the smaller the stop-loss required relative to the current price.
Explanation of PSV Parameters:
- `len` (Period Length):** This parameter sets the number of candles (bars) on the chart that will be used to calculate volatility. For example, if `len` is set to 250, the indicator will analyze price movements over the last 250 bars. The larger the value, the longer the period used for volatility assessment.
- `percent` (Percentile):** This parameter determines how strong price fluctuations you want to account for. For instance, if you set `percent` to 95, the indicator will focus on the 5% of instances where the price range was the largest over the specified period. This helps evaluate volatility during periods of sharp price movements, which may require a larger stop-loss. A higher percentile accounts for rarer but stronger movements, and vice versa.
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オープンソーススクリプト
TradingViewの精神に則り、この作者はスクリプトのソースコードを公開しているので、その内容を理解し検証することができます。作者に感謝です！無料でお使いいただけますが、このコードを投稿に再利用する際にはハウスルールに従うものとします。
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。