Volatility factor
Column "Volat." (volatility of cryptocurrencies) shows the amplitude of changes in the closing price relative to the selected timeframe. The higher the value, the higher the volatility.
Calculation of the volatility factor by timeframe:
Volatility indicator Tradingview
You can visualize the volatility factor calculation as an indicator on the Tradingview chart.
1. Adding an indicator to the chart
Open the Tradingview chart window and click on the "Indicators" button.
Enter the name of the indicator "Volatility" in the search box and select it from the list.
2. Setting indicator parameters
Indicator has default period settings that match the table for calculating the volatility factor for timeframes.
You don't need to manually set the parameters corresponding to the selected timeframe, the indicator itself changes the period for the desired timeframe
3. Setting precision
In the screener we round values depending on the timeframe. A higher timeframe, the lower precision value we use.
For example, on timeframes 5,15,30m precision is 4 decimal places - 0.0001
You can set the precison in the indicator settings, in the Style tab.
4. Comparison of the indicator values with the table
Compare the values obtained by the indicator with the table data to make sure you have set it up correctly.
You can use the indicator to determine the exact parameters of the volatility values you are interested in to create single or group signals.
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