MarketXOR

SPY Expected Move by VIX

This indicator shows 1 and 2 standard deviation price move from the VWAP based on VIX . Implied Volatility (IV) is being used extensively in the Option world to project the Expected Move for the underlying instrument. VIX is used as a proxy for SPY's IV for 30 days.

This indicator is meaningful only for SPY but can be used in any other instrument which has a strong correlation to SPY .
ملاحظات الأخبار: Added AAPL, AMZN, GOOG & IBM to use the corresponding VIX.

Added Ability to disable the bands if the VIX is not available.

Minot UI changes.
ملاحظات الأخبار: Using VIX instead of VIX9D as Tradingview's VIX9D data is delayed
ملاحظات الأخبار: Simple color tone change.
ملاحظات الأخبار: Requested by @Jansuperv to have VXX instead of VIX. Now you can configure that from the input panel.
ملاحظات الأخبار: Added alert on price crossing 3 SD as requested by @acogwell11
ملاحظات الأخبار: Added weekly option for VWAP as requested by @MacPeroni
نص برمجي مفتوح المصدر

قام مؤلف هذا النص البرمجي بنشره وجعله مفتوح المصدر، بحيث يمكن للمتداولين فهمه والتحقق منه، وهو الأمر الذي يدخل ضمن قيم TradingView. تحياتنا للمؤلف! يمكنك استخدامه مجانًا، ولكن إعادة استخدام هذا الكود في منشور تحكمه قواعد الموقع. يمكنك جعله مفضلاً لاستخدامه على الرسم البياني.

هل تريد استخدام هذا النص البرمجي على الرسم البياني؟

التعليقات

500 ‎عملة افتراضية
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MarketXOR PineCoders
@PineCoders, thanks!
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This publication will be featured in our "Best Scripts of The Month" selection. Thank you for your valuable contribution to the TradingView community, and congrats!
+9 رد
MarketXOR PineCoders
@PineCoders, That's very nice to know that you thought this will be helpful for the TV users. TV is amazing. Thanks for your attention!
+6 رد
Probably the best indicator on here IMHO for my needs. I have years did the Connor's IV calculations discussed on TradingMarkets and I find this to match the important numbers. Combine it with OGC Don't fiddle in the middle but have the bars all show and some things become apparent. Not just for reversals but long trending breakouts above the Keltner Bands or confluence with the SD bands. I mainly focus on the 2 and 3 SD when daily vix is above 22 and daily ATR is large. Also for instance if YM is strongest market I will wait for the 3 SD and etc.. for all the markets. There is a Breadth Ratio on here that helps if that is 5 or above and stays that way and daily high or low is put in fist 5 to 10 minutes of the market don't kill your account by shorting.......If it is below and market opens somewhat in balance than I will focus more on the 1 sd ETC..
+5 رد
@maj, thanks for the feedback. Sounds interesting. I will give it a try when I get a chance.
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@maj, Hi, could you explain what you mean by " OGC Don't fiddle in the middle" and the breadth ratio indicator? Would appreciate if you can link to those. Thanks
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Hmmmm ... not working for me, all the results are showing as n/a. What must I do to make it work?
+1 رد
@jsfin, Same problem here
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@GlenMalan, Hello did you get an answer for that? I've the same issue
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