# Add "Instrument Price %" as option to Volatility Parameters

I would like to suggest a distance measure by % of instrument value. That could be used both for “Volatility for all parameters nominated in points” and “Volatility for MA and ZZ Filters distance” sections.

While the first allows to set Pending, SL, TP, Martingale and Anti-Martingale based on a % of the instrument value, the second allows for creating bands/envelopes based on price variation.

I see this as an additional option on the Volatility Indicator parameter as “Instrument Price %”.

The “Instrument Price %” should be the “Close Price” value.

Examples:

- Nasdaq is 11,500 pts (period 1) and “Instrument Price” is 0.50% so the distance is 57.50 pts (that can be applied to TP for example)
- Nasdaq is 15,000 pts (period 1) and “Instrument Price” is 0.50% so the distance is 75.50 pts (that can be applied to TP for example)
- Avg Close price of last 7 candles (“Instrument Price” period 7) is 10,600 and % is 0.50% so the distance is 53 pts – using longer periods is great to create bands/envelopes)

Can be implemented