Parkinson

Historical Volatility – Parkinson – indicator MetaTrader 5

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The Parkinson’s number, or High Low Range Volatility developed by the physicist, Michael Parkinson in 1980, aims to estimate the Volatility of returns for a random walk using the High and Low in any particular period. IVolatility.com calculates daily Parkinson values. Prices are observed on a fixed time interval: n = 10, 20, 30, 60, … Read more

Historical Volatility Bands – Parkinson – indicator MetaTrader 5

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Historical Volatility Bands - Parkinson - indicator for MetaTrader 5
Historical Volatility Bands that are constructed using: Average as the middle line. Upper and lower bands using the Parkinson’s historical volatility (instead of “regular” Historical Volatility) for bands calculation. Color of the middle line is, unlike the bands colors, having 3 colors. When colors of the bands are the same, then the middle line is … Read more