Daily Risk Ranges

This indictor creates daily Risk Ranges using historical volatility , volatility skew and vol-of-vol.
Versionshinweise: Bug fixes
Versionshinweise: I changed the code to use Cornish-Fisher approximation to define the skew of the range using the volatility skew and kurtosis. I also changed the volatility parametre to respond quicker to increases in volatility than decreases in volatility to avoid paying the price for hidden volatility.
Versionshinweise: Implementing DCA with MA
Versionshinweise: What happens she you don't check ma box
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.

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@lagobrian23, I see that there are some hard coding numbers in the cumulants i.e. 24 in third term and 36 in fourth term. Why is that the case? I can guess that 6 is 3! and 24 is 4! But I can't seem to figure out 36. Thanks man and great code!
thanks. how is this one different from the other script?
lagobrian23 bruitdefond
@bruitdefond , this one is mine and I'll be adding some features soon. The other one was for someone else
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