Volatility
The Volatility indicator within G-Suite, known as G-Vola, is a critical tool for traders to assess market volatility. It utilizes standard deviation calculations to determine dynamic market volatility levels, providing insights essential for risk management and trading decisions.
Settings
- Name
Source: Basis- Type
- input
- Description
The primary input source for the basis of the Volatility indicator, typically a price value like 'close'.
Default value:close
- Name
Source: Upper band- Type
- input
- Description
The input source used to calculate the upper band, often the 'high' price.
Default value:high
- Name
Source: Lower band- Type
- input
- Description
The input source used to calculate the lower band, usually the 'low' price.
Default value:low
- Name
Volatility Index: StdDev MA Type- Type
- SMA | EMA
- Description
The type of Moving Average used for calculating the standard deviation in the Volatility Index.
Default value:EMA
- Name
Volatility Index: StdDev MA Length- Type
- integer
- Description
The length of the Moving Average used for the standard deviation in the Volatility Index.
Default value:3
- Name
Volatility Index: Trend MA Length- Type
- integer
- Description
The number of periods used for the Trend Moving Average in the Volatility Index.
Default value:5
- Name
Volatility Index: Trend MA Delta- Type
- integer
- Description
The delta value applied to the Trend Moving Average in the Volatility Index.
Default value:3
- Name
Volatility Index: Smoothing- Type
- integer
- Description
The smoothing factor applied to the Volatility Index calculations.
Default value:7
- Name
Display: Upper level- Type
- integer
- Description
The upper threshold level for volatility measurement.
Default value:450
- Name
Display: Lower level- Type
- integer
- Description
The lower threshold level for volatility measurement.
Default value:50