Quite simple breath analysis for "big mama" players: An Infinite impulse response average compounding Garman & Klass (Yang-Zhang's) at 4 rolling weekly candles of Realized Volatility with it's relative 1x deviation bands. At bottom we have half year (26 weeks) convex DrawDown realized volatility in red against DrawUp in Black, both as confirmation using a convex algorithm for realized volatility to compare apple's with apples. (Based on Peter's Martin "ulcer index" definition)
Hello, i really like this setup up. I think i've got the top indicator working using your RV IIR script with Garman 4,1,1 as the settings but cannot find the lower indicator. If you could point me in the right direction that would be amazing. Thanks in advance, love your work!