Actualizado
EDC's Weekly Vol Index SD Levels
EDC's Weekly Vol Index SD Levels plots weekly expected move levels from a 9-day volatility index. The levels are calculated once at the start of the week and stay fixed until the next week begins.
How it works
The script reads last week's closing value of the selected volatility index (default CBOE:VIX9D) and the prior week close of the chart symbol. It converts the annualized volatility reading into a one-week expected move and plots 1σ, 2σ and 3σ levels above and below the prior week close.
What's on the chart
Weekly 1σ, 2σ and 3σ highs and lows
Weekly references: weekly open, prior week close, running week high and low
Daily references: opening price, previous session close and open, running session high and low
A table showing the volatility index value used, the weekly expected move in points, and each σ high and low
Settings
Week Basis lets you choose how the week is measured. 5 Trading Days (default) uses a 252-day year. 7 Calendar Days uses a 365-day year and gives a slightly smaller move.
Every level has its own toggle and color. The table position, size and rows are adjustable. Custom overrides are available for the prior week close and weekly open if you want to use your own values. Labels can be offset from price, and values can be shown in the status line.
Built for SPX, ES and SPY with VIX9D. Levels are statistical reference points based on implied volatility, not trade signals.
How it works
The script reads last week's closing value of the selected volatility index (default CBOE:VIX9D) and the prior week close of the chart symbol. It converts the annualized volatility reading into a one-week expected move and plots 1σ, 2σ and 3σ levels above and below the prior week close.
What's on the chart
Weekly 1σ, 2σ and 3σ highs and lows
Weekly references: weekly open, prior week close, running week high and low
Daily references: opening price, previous session close and open, running session high and low
A table showing the volatility index value used, the weekly expected move in points, and each σ high and low
Settings
Week Basis lets you choose how the week is measured. 5 Trading Days (default) uses a 252-day year. 7 Calendar Days uses a 365-day year and gives a slightly smaller move.
Every level has its own toggle and color. The table position, size and rows are adjustable. Custom overrides are available for the prior week close and weekly open if you want to use your own values. Labels can be offset from price, and values can be shown in the status line.
Built for SPX, ES and SPY with VIX9D. Levels are statistical reference points based on implied volatility, not trade signals.
Notas de prensa
Week Basis tooltip now explains the 5 and 7 day options and recommends VIX9D. Updated reference level colors so each level is easier to tell apart.Notas de prensa
New: LeverageThe σ levels now scale for leveraged ETFs. A 3x fund moves about three times as much as its index, so its expected move and levels are scaled to match.
Auto (default) picks the multiplier from the ticker:
3x for TQQQ, SQQQ, UPRO, SPXU, SPXL, SPXS, SOXL, SOXS, TNA, and TZA.
2x for QLD, QID, SSO, and SDS.
1x for everything else, including SPX, ES, NQ, SPY, and QQQ.
You can also force 1x, 2x, or 3x.
Notas de prensa
Minor text editNotas de prensa
Weekly levels now lock at the chart's own week open and hold until the next week. On futures they no longer shift when the vol index opens its week on Monday.Notas de prensa
Levels show five trading days of expected move from VIX9D. The vol locks at the week open, and the chart plots 1, 2, and 3 standard deviations from the prior week close.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.