Allows for the creation of a database or watch list with symbols (stocks,commodities etc) that typically have changed +/- 5 % over the last 100 days for example. Using this tool a database can be quickly established with:
- Symbols with your choice of volatility.
- Symbols with similar percentage change over different time frames.
- This approach allows for experienced traders to trade volatile markets (stocks,commodities etc) and yet still allow inexperienced traders to select less volatile instruments.
The snapshot above displays typical results for a daily time frame scan. As you can see in the column Vola 100 the ticker EIX has changed typically +/- 0.79 % per day over the last 100 days. If this stock is traded you need to know that it is possible to win or lose about 1.78% per day because this is the typical range. This tool offers the possibility of filtering symbols with varying degrees of volatility.