Jeff Augen Price Spike Indicator

This Thinkscript indicator was created based on Jeff Augen's work on volatility. The indicator plots price changes in standard deviation. The moves are displayed in histogram format on the subgraph on the charts tab inside the ThinkorSwim platform. 

It is a great way to measure the magnitude of a particular stock's movement. This is a very useful tool for savy options traders, Hope you  Enjoy! 

*Due to an issue with Thinkorswim, I have included a TEXT file with the code. So if you have any issues pasting the code from the PDF please open the text file and paste it from there!

*Upon purchase, you will receive a .PDF file that includes step by step instructions on how to create the study. Thank you for your support!