Volatility vs Range:
This indicator shows the amount of price movement within a certain time, compared to the actual price movement range. Good to detect consolidation areas, as well as new trends being formed
what can be considered a number "closer to 1" ?
All my tests, on several timeframes, the indicator shows number between 0.01 and 0.04 (e.g: 0.027262 to 0.040898) etc..
It works, but it never reaches or goes above 0.05
so my question: what can be considered, based on your experiments, such number closest to 1 (one) ?
another question, based on your comment above: What is considered a "large amount of candles" for it to work better? The default config uses 2000 candles, which produces some good graphical visualization, but difficult to understand since I don't have a starting point for what is "close to one" :)
I really like the ideia and download it because of that, If you could just tell about some of your tests and experiments with it, it would help me a lot to advance on my tests.
Please enable the necessary setting in your browser, otherwise you will not be able to log in.