Indicator VC (Volatility Channel by Larry Williams).
It has one input parameter:
Period – calculation period.
Calculations:
Top = Maximum(MaxT, T),
Bottom = Minimum(MinB, B)
where:
T = 2 * Typical - High,
B = 2 * Typical - Low,
MinB = the lowest B value within the Period
MaxT = the highest T value within the Period
Typical = SMA(1, PRICE_TYPICAL)
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