PROTECTED SOURCE SCRIPT
Session Statistics
High-Low Range Standard Deviation
This measures total volatility or "session range" - the complete price movement regardless of direction. This is better for:
Risk management: Setting stop-losses and position sizing based on typical daily ranges
Volatility trading: Understanding how much price movement to expect in either direction
Options pricing: Most volatility models use price ranges, not directional move
This measures total volatility or "session range" - the complete price movement regardless of direction. This is better for:
Risk management: Setting stop-losses and position sizing based on typical daily ranges
Volatility trading: Understanding how much price movement to expect in either direction
Options pricing: Most volatility models use price ranges, not directional move
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.