Indicators: Tro_Range

 

Tro_Range:

A simple volatility meter which displays sizes of candlesticks in a separate subwindow

Figure 1. The TRO_RANGE indicator

Author: Nikolay Kositsin

 
Automated-Trading:

Tro_Range:

Author: Nikolay Kositsin

Thanks for the indicator. Can you tell me, after the quotes (you have 396) is it an average value? For the whole period? Is it possible to add parameters in the settings, not to use, in calculations of the average value of volatility, 10% of maximum values of volatility and 10% of minimum values of volatility. As well as the ability to set the period for calculating the average value of volatility.

Regards, Eugene.

 
This is a great indicator.
As a suggestion, if the threshold input could be used a indicator, such as the ATR for example.