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India VIX Expected Move
India VIX Expected Move
OVERVIEW
This tool turns India VIX into a daily expected-range estimate and draws it on the chart, anchored to the day's open. It shows how far price is statistically likely to travel today, with plus/minus 1 and 2 standard-deviation bands.
HOW IT WORKS
- 1-sigma daily move = Price x (VIX / 100) / sqrt(annualisation days). The default 252 trading days converts annualised implied volatility into a one-day figure.
- Bands are anchored to the day's open and stay fixed for the session, or can breathe with live VIX (optional).
- Roughly 68% of days finish inside the 1-sigma band and about 95% inside 2-sigma.
- A bias row reads likely direction from price versus the day's open plus a short trend filter - because VIX gives the size of the move, not its direction.
HOW TO USE
- Apply this on the index chart (for example NIFTY), not on the India VIX chart. The VIX value is pulled in automatically as the volatility input.
- Use the bands as realistic targets and as stretched zones: tagging 2-sigma can mark an over-extended, mean-reversion area.
- Read the bias row to see which band is the more likely target for the day.
NOTES
- Expected move is a probability range, not a guarantee; strong trending or high volatility days can exceed the bands. For research and education only; not financial advice.
OVERVIEW
This tool turns India VIX into a daily expected-range estimate and draws it on the chart, anchored to the day's open. It shows how far price is statistically likely to travel today, with plus/minus 1 and 2 standard-deviation bands.
HOW IT WORKS
- 1-sigma daily move = Price x (VIX / 100) / sqrt(annualisation days). The default 252 trading days converts annualised implied volatility into a one-day figure.
- Bands are anchored to the day's open and stay fixed for the session, or can breathe with live VIX (optional).
- Roughly 68% of days finish inside the 1-sigma band and about 95% inside 2-sigma.
- A bias row reads likely direction from price versus the day's open plus a short trend filter - because VIX gives the size of the move, not its direction.
HOW TO USE
- Apply this on the index chart (for example NIFTY), not on the India VIX chart. The VIX value is pulled in automatically as the volatility input.
- Use the bands as realistic targets and as stretched zones: tagging 2-sigma can mark an over-extended, mean-reversion area.
- Read the bias row to see which band is the more likely target for the day.
NOTES
- Expected move is a probability range, not a guarantee; strong trending or high volatility days can exceed the bands. For research and education only; not financial advice.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
Gerçek TradingView ruhuyla, bu komut dosyasının mimarı, yatırımcıların işlevselliğini inceleyip doğrulayabilmesi için onu açık kaynaklı hale getirdi. Yazarı tebrik ederiz! Ücretsiz olarak kullanabilseniz de, kodu yeniden yayınlamanın Topluluk Kurallarımıza tabi olduğunu unutmayın.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.