DALEÃ! NORMALIZED VOLATILITY INDICATOR ! Author: Rajesh Kayakkal ! Coded by: Richard Denning 6/4/2010 ! www.TradersEdgeSystems.com ! INPUTS: ATRLen is 64. VPILevel is 1.343. ! ABBREVIATIONS: C is [close]. C1 is valresult(C,1). H is [high]. L is [low]. ! AVERAGE TRUE RANGE TR is Max(H - L,max(abs(C1 - L),abs(C1- H))). ATR is expAvg(TR,64). NVI is ATR / C * 100. ! PLOT Buy if NVI < VPILevel. Sell if NVI > VPILevel. Rule Libraryÿÿ CCodeViewBuyÿÿ CReportViewÐSymbolÀ<Sell€ÐSymbolÀ<SPXLST ÿÿÿÿÿÿ CBackTestPropertyBuySellPPoáVola Pct Index BuySPXPSPXLST ¸±ã@ˆ±ã@ÿÿÿÿ@ÖÑ@ ±ã@€SellBuyPPoáVola Pct Index SellSPXPSPXLST ¸±ã@ˆ±ã@ÿÿÿÿ@ÖÑ@ ±ã@00:00