Ulcer Index
VolatilityOwn panel belowHow deep and how long price has been below its high, measured together.
What it looks like
Drawn by running the real calculation over one sample series. Open a symbol and it is recalculated on that symbol's bars.
How to read it
Drawdown depth is squared before averaging, so a deep and lasting decline lifts the value sharply. It measures pain rather than movement.
Where it misleads
It sits near zero while price rises — during an advance it says nothing.
Default settings
You can change these on the chart. These are the values it starts with.
In SQMATE
One tap to add
Open a symbol, tap the name in the indicator list and it is drawn straight away. You can stack several copies of the same indicator with different settings.
Recalculated per timeframe
Switch between minute, hourly, daily, weekly or monthly bars and it is recalculated on that timeframe. The maths runs over every bar loaded, so zooming never moves the line.
Use it as a search condition
Some indicators can also be used as an axis when searching for symbols — for example, keeping only symbols above a given reading, scanned every night.
Related indicators
- Bollinger BandsA band drawn above and below an average by the usual size of its swings.
- EnvelopeA band drawn a fixed percentage above and below a moving average.
- Keltner ChannelsA band set above and below an average by the average bar range (ATR).
- ATR BandsA band set a multiple of average range away from a moving average.
- Standard Error BandsA band around the best-fit straight line, sized by the fit's error.
- ATRHow much a single bar typically moves.
Every indicator is an observation computed from past bars. It does not tell you future prices and it is not investment advice.