The Historical Volatility study calculates volatility which can be expressed by the following formula:
where c is a coefficient depending on the volatility basis and m is average of logarithmic return xi which, in turn, is calculated as follows:
||The number of bars used to calculate Historical Volatility.|
||The volatility basis.|
||The Historical Volatility plot.|
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.