OPEN-SOURCE SCRIPT
Degain NIFTY Weekly Expiry Cycle Range Table
NIFTY Weekly Expiry Cycle Range Table
This indicator tracks NIFTY’s weekly expiry cycle from Wednesday to Tuesday and displays:
Daily High, Low, and Range
Cumulative weekly range progression
Weekly expansion status (Normal, Balanced, Trend, Volatile, Extreme)
The table helps traders monitor how much the market has moved during the current expiry cycle and identify whether volatility is compressed, balanced, or over-expanded.
Useful for:
Weekly option traders
Expiry trading
Volatility analysis
Intraday NIFTY traders
Designed specifically for NSE’s Tuesday weekly expiry structure.
This indicator tracks NIFTY’s weekly expiry cycle from Wednesday to Tuesday and displays:
Daily High, Low, and Range
Cumulative weekly range progression
Weekly expansion status (Normal, Balanced, Trend, Volatile, Extreme)
The table helps traders monitor how much the market has moved during the current expiry cycle and identify whether volatility is compressed, balanced, or over-expanded.
Useful for:
Weekly option traders
Expiry trading
Volatility analysis
Intraday NIFTY traders
Designed specifically for NSE’s Tuesday weekly expiry structure.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.