VolatilityFlex Levels

١٥ ديسمبر ٢٠٢٣

The VolatilityFlex Levels indicator computes the degree of change (or sigma) by leveraging the selected Volatility Index (such as VIX or any user-specified volatility index). It utilizes this information to graphically represent distinct levels for a designated financial instrument. These levels include -sigma, -3/4sigma, -1/2sigma, -1/4sigma, 1/4sigma, 1/2sigma, 3/4sigma, and sigma.

١٥ ديسمبر ٢٠٢٣

ملاحظات الأخبار

The VolatilityFlex Levels indicator computes the degree of change (or sigma) by leveraging the selected Volatility Index (such as VIX or any user-specified volatility index). It utilizes this information to graphically represent distinct levels for a designated financial instrument. These levels include -sigma, -3/4sigma, -1/2sigma, -1/4sigma, 1/4sigma, 1/2sigma, 3/4sigma, and sigma.

١٧ ديسمبر ٢٠٢٣

ملاحظات الأخبار

The following bugs are fixed:
1) The extra unnecessary lookback parameter is removed.
2) The correct data for previous day close is used.
3) The correct data for previous VIX close is used.
Also,
1) Colors can be modified.

٢٩ ديسمبر ٢٠٢٣

ملاحظات الأخبار

Now it plots from -3sigma to 3sigma with the steps of 1/4
The TV limitation is 50 plots so we can only plot 50 lines for now. Will provide an update to circumvent this limitation.

٢٩ ديسمبر ٢٠٢٣

ملاحظات الأخبار

plot the -3sigma to 3sigma by step of 1/4 for all previous days.