This indicator summarizes the volatility of multiple periods.the periods used are 3, 4, 5, 6, 8, 10, and 13.
Display:
- red bold line — summarized the volatility.
- red line — volatility of lag 3.
- orange line — volatility of lag 4.
- gold line — volatility of lag 5.
- green line — volatility of lag 6.
- turquoise line — volatility of lag 8.
- sky blue line — volatility of lag 10.
- blue line — volatility of lag 13.
Settings:
- smoothing period (default value = 14).
Features:
The difference is obvious when compared to the general lag 1 volatility.