OPEN-SOURCE SCRIPT

Historical Volatility Percentile + SMA

Updated

Historical Volatility Percentile tells you the percentage of the days from the past year (252 trading days) that have lower volatility than the current volatility.

I included a simple moving average as a signal line to show you how volatile the stock is at the moment.

I have included simple colors to let you know when to enter or exit a position.

Buy when price higher than EMA & historical volatility higher than SMA
Sell when price lower than EMA & historical volatility higher than SMA

Please let me know if you would like me to publish any other indicators! I always love to hear from you guys.

Release Notes

updated to match my other indicators

Release Notes

fixed issue with default resolution

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 publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

cheatcountry

I created the largest stock indicator library:
github.com/ooples/

Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7

Tips are appreciated:
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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.