This indicator plots a TTM Squeeze momentum oscillator in a separate pane. It compares a Bollinger Band offset to a Keltner Channel offset and marks the zero line white when the difference is non-negative and black when the bands are inside the channel. A line
Indicator · Pine Script v5 · Own pane
Annualized ROC / HV Ratios
This indicator plots two ratios of annualized rate of change to annualized historical volatility in a separate pane.
GitHub stars15on the repository
Pine versionv5runs as is
Lines of code25
Settings1inputs
LicenceApache-2.0
Last update6 months ago28 Apr 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
25 lines of Pine Script v5 from sharpe.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.
//@version=5
indicator("Annualized ROC / HV Ratios", shorttitle="ROC_HV_Ratios", overlay=false)
useLogReturns = input.bool(true, "Use log returns for HV")
dailyClose = request.security(syminfo.tickerid, "D", close)
dailyReturn = useLogReturns ? math.log(dailyClose / dailyClose[1]) : (dailyClose / dailyClose[1] - 1.0)
annualizedRoc(len) =>
math.pow(dailyClose / dailyClose[len], 252.0 / len) - 1.0
annualizedHv(len) =>
ta.stdev(dailyReturn, len) * math.sqrt(252.0)
roc252 = annualizedRoc(252) * 100.0
hv252 = annualizedHv(252) * 100.0
ratio252 = hv252 != 0 ? roc252 / hv252 : na
roc63 = annualizedRoc(63) * 100.0
hv63 = annualizedHv(63) * 100.0
ratio63 = hv63 != 0 ? roc63 / hv63 : na
plot(ratio252, title="ROC252 / HV252", color=color.new(color.blue, 0), linewidth=2)
plot(ratio63, title="ROC63 / HV63", color=color.new(color.orange, 0), linewidth=1)
hline(0, "Level 0", color=color.new(color.white, 0), linestyle=hline.style_dashed)
Overview
Annualized ROC / HV Ratios requests daily closes and computes a 252-day and a 63-day compound ROC, each scaled by 252 trading days. Historical volatility is the standard deviation of daily returns over the same windows, annualized with the square root of 252. A setting switches those returns between logarithmic and simple. Ratios are shown as percentages with a dashed zero line. No trading signals or position rules are included.
- 252-day annualized ROC to HV ratio
- 63-day annualized ROC to HV ratio
- Optional log returns for historical volatility
- Daily close series for calculations
- Dashed zero reference line
Details
Published by
Blackdesk-ai on GitHub
Type
Indicator, Pine Script v5
Draws
Separate pane below the chart
Category
Oscillators & momentum, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
File
Repository
Topics
financial-analysisstock-marketterminaltuiaiclaude-codecodexopencode
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Use log returns for HV | bool | true | useLogReturns |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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