OPEN-SOURCE SCRIPT

Average Low/High Percentage Difference

This indicator calculates the Simple Moving Average of the difference in percentage between lows and highs of a candle. This assists in understanding the volatility of an asset. Showing this in percentages is more helpful in crypto.
candleanalysisCandlestick AnalysisCandlestick analysiscandlevolatilityindexHistorical VolatilitySimple Moving Average (SMA)

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.

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