Displaying Volatility Quality Values on a Price Chart

Summary

This short description explains an on-chart presentation of a Volatility Quality indicator. It can render the indicator values as bars, candles, or lines, allowing the trader to view the same measure in different visual forms.

For line display, the plotted series uses the average of closing prices. Its color represents the volatility quality reading, rather than whether the line is rising or falling. The document describes display behavior only; it gives no formula for the indicator, trading rules, performance evidence, or guidance on interpreting its readings.

Key ideas

• The Volatility Quality indicator can be displayed as bars, candles, or lines.
• Line mode plots an average based on closing prices.
• Line color encodes volatility quality and does not indicate the line's slope.
• The document does not specify the indicator formula or evaluate a trading strategy.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.