Volume-Price Diff

21 ต.ค. 2023

Script is designed to analize volatility in real-time.

Once added to chart, script starting to collect 2 things:

1. Ticks count (tc)
   
2. Price changing ticks count (pctc)
   

The pctc/tc ratio may be interpret as a volatility measure.

Label above real-time bar shows:

1. Ticks count
   
2. Price changing ticks count
   
3. Ratio between (2) and (1) in percents
   

Using this indicator trader may detect volatility spikes.
More the "Diff" - less the volatility and vice versa.