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Bermaui Deviation Percent

How it works

Red & Under 90 = Bearish Volatility
Blue & Under 90 = Bullish Volatility
Red & Under 10 = Strong Bearish Volatility
Blue & Under 10 = Strong Bullish Volatility
White & Over 90 = No Volatility (Indicating trendless chop)


I tried uploading this months ago but was banned or something from doing so.


originally created by Muhammad Elbermawi

https://www.mql5.com/en/blogs/post/71818...
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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