Functions
talib.variance()
Variance of `source` over `length` bars. An optional `biased` flag chooses between the biased and unbiased forms of the calculation. `talib.stdev` has no such flag.
Syntax
talib.variance(series float source, series int length, series bool biased) → series float
Arguments
source required series float Series of values to process. length required series int Number of bars (length). biased series bool Determines which estimate should be used. Optional. The default is true. Return Type
series float Example
//@lipi=2
indicator("Variance Indicator", overlay=false)
length = input(20, "Variance Length")
varianceValue = talib.variance(close, length)
plot(varianceValue, color=color.blue, title="Variance")