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Volatility Spike Estimator

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Plots the Average True Range (ATR), its historical mean, the upper threshold for a volatility spike, and uses background color to show the likelihood of a volatility spike based on the current ATR value.

Green background indicates an increased likelihood of a volatility spike, while red background means a spike might have already occurred or be in progress.

Update: In this version, we added a short-term ATR calculation with an adjustable input parameter, shortTermATRLength. The likelihood of a volatility spike is now estimated based on the short-term ATR instead of the original ATR. This change makes the indicator more sensitive to recent market conditions and can help detect potential volatility spikes more quickly.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.