Detects the variability of the low price history — Indicator by n483753

Volatility

The script uses the same technique that is used to measure the level of stress in humans, measuring the variation of the price instead of the variation of heart rate

Release Notes:

Now it is possible to smooth the results

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.

Disclaimer

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