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Average Dollar Price Volatility Indicator
This indicator plots the value on the chart display. It is useful only as a quick method
of attaching the volatility value tothe stock. Apply this with caution and make sure that
the new scale displayis also included.

Average Dollar Price Volatility Indicator

(H - L +
(Ref(H,-1) - Ref(L,-1)) +
(Ref(H,-2) - Ref(L,-2)) +
(Ref(H,-3) - Ref(L,-3)) +
(Ref(H,-4) - Ref(L,-4))) / 5

 

e-w-Average_Dollar_Price_Volatility_Indicator.gif
Source / From: TOP
http://www.guppytraders.com

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