Dual Ulcer Divergence Index [DW] — Indicator by DonovanWall

oscillator centeredoscillator volatility ulcerindex divergence experimental

This study is an experimental variation of Peter Martin's Ulcer Index built using the framework of my Dual Ulcer Index indicator.
In this version, the difference between the long and short UI is calculated.

This index is a measure of volatility and momentum that can be used to locate low risk trading opportunities.

For my full list of premium tools, check the blog:
wallanalytics.com/

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t.me/DonovanWall

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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