- Katılım
- 23 Eki 2020
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It is much like to Bollinger Bands in concept. Calculating: Volume Volatility is the 12 day simpla MA of UP volume with an upper band (created by adding two standard deviations of up volume to the MA) and a lover band (created by substracting two standard deviations from the MA). The standard dev. are calculated using the last 12 bars of days change. |
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Volume Volality {**********************************************} {Coded 4 MS by Piotr Kaleta -> Trader-Online.tk} {**********************************************} {Time Periods} TP:= Input("Periods",1,100,12); {Up Volume} UV:= Security("X.WSE-A",V); {Stand. Dev.} SD:= (Stdev(UV,TP)); {Upper Band} UB:= Mov(UV,TP,S) + 2 * SD; {Moving Ave.} MA:= Mov(UV,TP,S); {Lover Band} LB:= Mov(UV,TP,S) - 2 * SD; UB; MA; LB |
More about interpretation of this indicator read Dennis D. Peterson article "Multiple Indicators II " in TASC 6/2003. | |
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Source / From: | |
TASC 6/2003 |
