PipFoundry

BitMEX BVOL24H Index Indicator From Pip Foundry

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
My premium indicators are available for monthly lease at http://www.tradingview.com/market/ah-pipfoundry/

A quick indicator in response to the product released on May 11th from BitMEX - a Daily settled volatility index for bitcoin!

https://www.bitmex.com/register/z7QCSu



uses BVOL calculation from https://www.bitmex.com/app/index/.BVOL24H:

P = Bitfinex Last Price (taken at 5 minute intervals)
Stdev = Sample Standard Deviation
Ln = Natural Logarithm
Sqrt = Square Root

.BVOL Index = Stdev(Ln(P1/P0), Ln(P2/P1), ..., Ln(P288/P287))
* Sqrt(288)
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