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EasyLanguage Volatility Function?

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    EasyLanguage Volatility Function?

    Here is the EasyLanguage description of the volatility function:

    Code:
    The Volatility series function measures the market volatility
    by plotting a smoothed average of the TrueRange. 
    It returns an average of the TrueRange over a specific number 
    of bars, giving higher weight to the TrueRange of the
    most recent bar.
    
    Syntax
    Volatility(Length)
    
    Returns (Double)
    
    A numeric value containing the market volatility. As the 
    number increases, the market is more volatile.
    
    Parameters
    
    Name Type Description
    Length Numeric 
    Sets the number of bars to include in the 
    volatility calculation.
    
    Remarks
    Volatility is the variation in price over a 
    specific interval (the difference between the highest 
    and lowest prices). As the time interval being studied 
    increases, volatility also increases to a maximum before leveling off. 
    As prices increase, the volatility tolerance also increases.
    Note The Volatility function uses a slightly different 
    set of calculations than the original formula. The Volatility
    variation tends to smooth recent activity, which means 
    that it will take more time (bars) to ‘normalize.’ The original
    formula is provided in the VolatilityClassic function.
    
    Example
    Plots the volatility over the last 20 bars.
    Plot1(Volatility(20);
    Assigns to Value1 the volatility of the last 15 bars.
    Value1 = Volatility(15):
    Reference
    Kaufman, P.J. The New Commodity Trading Systems and Methods. 
    John Wiley & Sons. New York 1980. Pages 99-
    101.
    Is there a comparable function or call in NS?

    #2
    Hi, I'm not aware of a direct counterpart, but I would suggest looking into the RVI, ATR and StdDev methods for working with volatility.
    BertrandNinjaTrader Customer Service

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