始めましょう

Options

Key Zone$ - Support and Resistance0DTE Bounce Zones (6M) — Support & Resistance with VWAP, Volume, and Risk Management This indicator is built for intraday and 0DTE options trading, focused on high-quality bounce and rejection setups at historically proven support and resistance zones. It automatically identifies key zones from six months of historical price action and waits for real-time confirmation before signaling CALL or PUT opportunities. The goal is to reduce noise, avoid weak bounces, and provide clear, rules-based trade structure. ==================================================================== CORE FEATURES ==================================================================== Historical Support & Resistance Zones (6 Months) Zones are built using 15-minute pivot highs and lows. A zone must be tested at least 3 times to be considered valid. Nearby zones are merged automatically to reduce clutter. Zones extend forward in time and update dynamically. Support zones are shown in green, resistance zones in red. These are higher-quality structural levels, not same-day levels. ==================================================================== 0DTE-Focused Entry Logic Signals only trigger when price interacts with a confirmed zone and shows a strong rejection candle. Signals are limited to high-probability trading windows only. Market Open: 9:30–10:45 ET Market Close: 3:00–4:00 ET This avoids midday chop and focuses on periods with real momentum. ==================================================================== VWAP Confirmation (Strict) CALL setups require a VWAP reclaim. PUT setups require a VWAP loss. This aligns trades with institutional order flow instead of counter-trend noise. ==================================================================== MACD Momentum Filter MACD histogram behavior is used to confirm momentum direction and avoid taking bounces against the prevailing move. ==================================================================== ATR Candle Strength Filter The signal candle must be large enough relative to ATR. This filters out weak or indecisive candles that often fail with 0DTE. ==================================================================== Advanced Volume Confirmation (Relative Volume) Relative Volume (RVOL) is used instead of raw volume. Different RVOL thresholds are applied for CALLS versus PUTS. Higher RVOL is required for PUTS due to downside urgency. Lower RVOL is allowed for CALLS due to grind-up behavior. Separate RVOL thresholds are used for the market open and market close. This ensures signals only occur when real participation is present. ==================================================================== Built-In Risk Management (2:1 Reward/Risk) Every signal automatically calculates an entry, stop loss, and target. Stop loss is based on the zone edge with an ATR buffer. Targets default to a 2:1 reward-to-risk ratio. Entry, stop, and target levels are drawn directly on the chart and included in alerts. ==================================================================== Smart Alerts (CALLS & PUTS) Alerts trigger only when all conditions are met. Alerts include trade direction, entry price, stop price, target price, and RVOL information. Alerts are designed for 5-minute confirmation trading. To use alerts, select “Any alert() function call” when creating the alert. ==================================================================== INTENDED USE ==================================================================== 0DTE options trading. 5-minute chart confirmation. Index ETFs and liquid equities such as SPY, QQQ, IWM, and SPX. Traders who want aggressive entries with confirmation. Traders who value structure, volume, and risk control. ==================================================================== NOTES ==================================================================== This is not a prediction tool. Signals require discipline and confirmation. Best results come from trading only the highest-quality setups.
Pine Script® インジケーター
SE39の投稿
Dealer Control Index (DCI) Oscillator BreakoutsOverview The Dealer Control Index (DCI) is a structural oscillator designed to measure market stability based on the relationship between price and key institutional "hedging levels" (Gamma Flip). Unlike momentum-based oscillators like RSI, the DCI focuses on Dealer Gamma Exposure—the point where market makers shift from supporting price (Long Gamma) to accelerating moves (Short Gamma). How to Use This indicator requires a Manual Anchor (Flip Level) to function with high precision. Users should identify the current institutional Gamma Flip level for their specific ticker and input it into the script settings. Positive Score (+25 to +100): Price is above the Flip Level. Dealers are in a "Long Gamma" position, typically resulting in lower volatility and "dip-buying" behavior. Neutral Zone (-75 to +25): The "Transition Zone." Price is fluctuating near the hedge-rebalancing point. Expect "choppy" price action. The Gamma Trap (-75 to -100): Price has snapped significantly below the Flip Level. Dealers are now "Short Gamma" and may be forced to sell into further price drops to hedge their books, potentially creating a "Waterfall" effect. Key Features Volatility Normalized: Uses ATR-based normalization to ensure the -100 to +100 scale is consistent across different asset classes (e.g., comparing SPY to NVDA). Sigmoid Smoothing: Employs a sigmoid curve to filter out "market noise" and provide a clear visual of when the regime shift is actually occurring. Visual Regimes: Color-coded zones (Green/Red) provide instant feedback on the current dealer hedging bias.
Pine Script® インジケーター
GexProの投稿
SPY Options Targets -IV Expected MoveWhat this indicator is? This tool turns option implied volatility into two things: 1) Expected move levels on the SPY chart for a chosen time horizon 2) Estimated option premium targets if SPY reaches those levels It is built to answer three trading questions: 1) How far can SPY reasonably move in my holding window 2) What SPY levels should I use for profit targets or invalidation 3) If SPY hits those levels, what option price is a realistic target What the bands mean on the SPY chart The bands are expected move levels on the underlying, recalculated each bar from the selected option’s implied volatility. One sigma band The teal band is the expected one standard deviation move over the next Horizon minutes. In practice, this is a normal move zone for that holding window. Two sigma band The orange band is the expected two standard deviation move over the next Horizon minutes. In practice, this is a large move zone for that holding window. How to interpret value If price is near the middle of the bands, the market is behaving normally for that window. If price approaches the one sigma band, the move is extended for that window. If price approaches the two sigma band, the move is unusually large for that window and you should expect either strong continuation or sharp mean reversion depending on market context. What the table means and how to use it IV Implied volatility solved from the selected option price. Higher IV widens the bands and increases option targets. DTE Days to expiry of the selected option. Near expiry options can change faster and IV can shift quickly. H move 1 sigma The projected one sigma SPY move in dollars for the selected Horizon minutes. This is the key number for planning. Opt at plus 1 sigma and minus 1 sigma If SPY reaches the one sigma upper band or the one sigma lower band, the indicator estimates what your selected option should be worth at that moment, assuming implied volatility does not change. Opt at plus 2 sigma and minus 2 sigma Same idea for the two sigma bands. Now opt px Current option price for reference. ................................................................................................................. How to trade using it? Step 1 Pick the right option input Choose the same expiry you plan to trade and pick a liquid contract, ideally at the money or near the money. This makes the IV reading more representative of the current tape. Step 2 Set the horizon to your holding time If you typically hold 15 to 30 minutes, set Horizon minutes to 15 or 30. If you typically hold 60 to 120 minutes, set it accordingly. This matters because the bands represent expected move for that exact window. Step 3 Use the bands to define trade planning For a long bias Entry is your setup. The bands are used for targets and risk. Target 1 is the one sigma upper band. Target 2 is the two sigma upper band if momentum supports continuation. Invalidation can be defined as losing the mid zone and failing to reclaim, or a clear level based stop. The indicator does not choose your stop. It gives your realistic upside distance. For a short bias Target 1 is the one sigma lower band. Target 2 is the two sigma lower band if momentum supports continuation. Invalidation can be defined similarly using your structure. Step 4 Use the option targets as profit taking levels Once you enter an option trade, ignore random premium swings and anchor to the table. Common approach Take partial profit when the option approaches the plus or minus one sigma target value. Hold a smaller runner for the plus or minus two sigma target value. If SPY hits the one sigma band but the option is far below the table target, it usually means implied volatility is dropping. Reduce expectations or exit earlier. If SPY hits the one sigma band and the option is above the table target, it usually means implied volatility expanded. Consider taking profits sooner because this extra premium can mean revert. Step 5 Use it to choose strikes Before entering, check whether your desired option profit requires SPY to travel to the two sigma band within your horizon. If yes, that is a lower probability trade for that window. If your plan is achievable around the one sigma band, it is typically more realistic. .................................................................................................................. Practical examples Scalp example Horizon 30 minutes. If H move 1 sigma is about 1 dollar, then expecting a 3 dollar SPY move in 30 minutes is a two to three sigma expectation and should be treated as a low probability scalp unless a news event is active. Intraday example Horizon 120 minutes. If H move 1 sigma is about 2 dollars, a 2 dollar move is a reasonable target and a 4 dollar move is the stretch target. Important limitations Implied volatility changes The option target prices assume IV stays constant. In real markets IV can change during the move, especially on 0DTE, around news, or during sharp selloffs. Treat option targets as a baseline estimate. Not a standalone signal This indicator does not generate buy or sell signals. Combine it with your entry model, structure, or momentum confirmation. Liquidity matters Very wide bid ask spreads can distort the inferred IV. Use liquid contracts. Suggested defaults for SPY Use a liquid near the money option for the current expiry. Horizon 30 for scalps, 60 for intraday, 120 for swings. Keep expiry time at 16:00 New York. Disclaimer This script is for educational and informational purposes only and is not financial advice. Options involve risk and may not be suitable for all traders.
Pine Script® インジケーター
NeuralMarketsの投稿
NSE Monthly Expiry 2022-26 : Ashish RajoriaThis indicator, "NSE Monthly Expiry Marker 2022-2026", is designed for traders on TradingView to visually track NSE (National Stock Exchange) monthly F&O (Futures & Options) expiry dates from 2022 to 2026. It plots red dashed vertical lines on each expiry date, with labels showing the month, year, and exact date for easy identification. The dates are accurately calculated based on NSE rules: last Thursday for months up to August 2025, and last Tuesday from September 2025 onwards, with holiday adjustments (e.g., shifted if expiry falls on a holiday). Additionally, it includes trading days, holidays in the session, and a link to www.GSTwork.com for reference. Ideal for option traders to plan strategies around expiry cycles, this tool helps in analyzing patterns over multiple years without manual calculations. Note: Ensure your chart timeframe is daily or higher for best visibility.
Pine Script® インジケーター
rajoria_lee21の投稿
IV Volatility History v1.2# Realized Volatility History - Quick Start Guide ## What This Does Displays historical realized volatility (RV) calculated directly from price movements. Compare it against your current implied volatility to identify options trading opportunities and gauge whether premium is expensive or cheap. ## How to Use 1. **Get Current IV**: Check your broker's options chain and find the ATM (at-the-money) implied volatility for your ticker 2. **Input the Value**: Open indicator settings and enter the current IV (e.g., `0.15` for 15%) - this creates a reference line 3. **Read the Chart**: - **Purple line** = Historical realized volatility from actual price movements - **Red dashed line** = Your current ATM IV (reference) - **Orange line** = 30-day moving average (optional) 4. **Interpret the Data**: - **RV below IV** → Options premium is relatively expensive (consider selling premium) - **RV above IV** → Options premium is relatively cheap (consider buying options) - **IV Rank > 70%** → High volatility environment - **IV Rank < 30%** → Low volatility environment ## Settings You Can Adjust - **Current ATM IV**: Reference line for comparison (update periodically) - **RV Rolling Window**: Calculation window for realized volatility (default: 10 days) - **Lookback Period**: Period for IV rank calculation (default: 60 days) - **Show 30-Day Average**: Toggle moving average line ## Limitations This indicator requires manual IV updates since TradingView doesn't have direct access to options data. You'll need to check your broker periodically and update the input for accuracy. --- *Method: Calculates annualized realized volatility using rolling standard deviation of log returns, providing a comparison baseline for evaluating implied volatility levels.*
Pine Script® インジケーター
GexProの投稿
AI Gamma Levels - Options Flow Signals v1.1# AI Gamma Levels - Options Flow Signals ## 📊 Overview An educational indicator that estimates institutional options positioning using price action, volume analysis, and technical indicators. Designed to help traders identify key support and resistance zones based on gamma exposure concepts commonly used by market makers and institutional traders. ## 🎯 Key Features **Gamma Flip Level (⚡)** - Neutral zone where market maker hedging behavior changes - Calculated using VWAP and price action - Acts as dynamic pivot point for intraday trading **Call Wall (🔴)** - Resistance zone from heavy call seller positioning - Identifies where upward price movement may stall - Based on recent highs + ATR-adjusted volatility **Put Support (🟢)** - Support zone from put seller positioning - Shows where downward moves may find buyers - Calculated from recent lows with volatility adjustment **AI Trade Signals (🔮)** - Multi-factor confluence detector with confidence scoring - Only triggers on high-probability setups (70%+ confidence) - Provides clear entry, stop loss, and target levels - Combines gamma regime, RSI, volume, and price proximity **Regime Detection** - Identifies Positive Gamma (bullish bias) vs Negative Gamma (volatile) environments - Background coloring shows current market regime - Helps adapt trading strategy to market conditions **Trading Zone Visualization** - Shaded area between Call Wall and Put Support - Shows expected trading range based on gamma positioning - Zone width indicates market compression or expansion ## 🧠 How AI Signals Work The AI signal layer analyzes multiple factors simultaneously: 1. **Gamma Regime Alignment** - Price position relative to Gamma Flip 2. **Level Proximity** - Distance to Put Support or Call Wall 3. **Momentum Extremes** - Fast RSI showing oversold/overbought 4. **Volume Confirmation** - Above-average volume on the setup 5. **Price Action Quality** - Bar range and volatility characteristics Signals only trigger when ALL conditions align, reducing noise and false signals. **BUY Signal Requirements:** - Price above Gamma Flip (positive regime) - Near Put Support (within 0.5%) - RSI < 35 (oversold) - Volume spike (1.4x average) - Confidence ≥ 70% **SELL Signal Requirements:** - Price below Gamma Flip (negative regime) - Near Call Wall (within 0.5%) - RSI > 65 (overbought) - Volume spike (1.4x average) - Confidence ≥ 70% ## 📈 How to Use **For Day Trading:** - Watch for bounces at Put Support in positive gamma regime - Look for resistance at Call Wall in negative gamma regime - Use AI signals for high-conviction entries with clear risk levels **For Swing Trading:** - Monitor zone width for compression/expansion cycles - Enter when price returns to zone edges with AI confirmation - Use Gamma Flip as trailing stop reference **For Options Traders:** - Identify where institutional gamma is concentrated - Anticipate pinning behavior near expiration - Understand market maker hedging flow impact on price ## ⚙️ Customization **Display Settings:** - Toggle individual levels on/off - Show/hide trading zone shading - Enable/disable AI signals **Calculation Parameters:** - Lookback Period (5-100 bars) - adjusts level sensitivity - Volatility Multiplier (0.5-3.0) - widens/tightens zones - AI Confidence Threshold (60-90%) - signal selectivity **Visual Customization:** - Custom colors for all levels - Adjustable transparency for zones - Label size and positioning ## 📊 Info Table Real-time dashboard showing: - Current Gamma Flip price - Call Wall resistance level - Put Support level - Active gamma regime - Trading zone width (%) - AI signal status and confidence ## 🔔 Built-in Alerts Set alerts for: - Gamma Flip crossovers - Price approaching Call Wall - Price approaching Put Support - AI BUY signal triggered - AI SELL signal triggered ## 📚 Educational Background **What is Gamma Exposure?** Gamma measures how fast market makers must hedge their options positions as price moves. Large gamma concentrations create support/resistance as dealers buy into weakness and sell into strength. **Positive vs Negative Gamma:** - **Positive Gamma** (above Gamma Flip): Market makers hedge by stabilizing price - **Negative Gamma** (below Gamma Flip): Market makers hedge by amplifying moves **Call Walls & Put Supports:** Heavy open interest at specific strikes creates "walls" where price tends to gravitate toward or bounce away from, especially near expiration. ## ⚠️ Important Notes **This indicator uses price and volume approximations**, not real options chain data. It demonstrates gamma exposure concepts for educational purposes. **For true options flow analysis**, consider using platforms with access to real-time open interest, options volume, and Greeks data. **Risk Management:** Always use proper position sizing, stop losses, and never risk more than you can afford to lose. This indicator should be one tool in your complete trading strategy. **Not Financial Advice:** This is an educational tool. Past performance does not guarantee future results. Always do your own research and consider consulting with a qualified financial advisor. ## 💡 Best Practices 1. Combine with your existing strategy - don't trade signals blindly 2. Use on liquid stocks/indices with active options markets 3. Pay attention to regime changes at Gamma Flip crossovers 4. Higher timeframes (15m, 1H, 4H) tend to be more reliable 5. Adjust parameters based on the asset's typical volatility 6. Wait for AI signals with 75%+ confidence for highest quality setups ## 🎓 Who This Is For - Options traders seeking to understand institutional positioning - Day traders looking for high-probability support/resistance - Swing traders identifying key zone boundaries - Anyone interested in learning about gamma exposure impact on price - Traders wanting AI-assisted trade signal confirmation --- **Happy Trading! If you find this indicator helpful, please leave a like and comment with your feedback.**
Pine Script® インジケーター
GexProの投稿
20-Week SMA + Weekly RSI SignalWeekly Momentum Indicator The 20-Week SMA + Weekly RSI Signals are used to track weekly momentum. The 20-Week SMA (Simple Moving Average) is used to track the general momentum, while the weekly RSI signals indicate the direction which the momentum is moving. Flag signals are created once both the SMA and the RSI show clear signs of momentum. Please note that the signals are not always correct. So it is typically best to wait for confirmation candles in order to confirm bias. 20 Week SMA 14 RSI
Pine Script® インジケーター
ohdamson8の投稿
Post-Exercise Option ValueThis indicator visualizes the post-exercise value of stock options for a single underlying symbol. It calculates what an options position would be worth after exercising , based on the difference between price and strike, and displays how that value changes over time using close, high, and low prices. What it shows Value at Close – post-exercise value using the candle’s closing price Value at High – post-exercise value using the candle’s high Value at Low – post-exercise value using the candle’s low Shaded regions highlight the intrabar range between close↔high and low↔close Values are floored at $0 when price is below the strike Calculation logic The indicator uses the following formula: Post-exercise value = max((Price − Strike) × Units × Multiplier, 0) This reflects the net value of shares received if options were exercised at the strike and valued at the current market price. Inputs Strike price (exercise price) Number of units (shares or share-equivalent units) Multiplier (e.g., 100 for standard US equity option contracts) Custom value target for alerts Alerts Optional alerts are available for: Price crossing above or below the strike Post-exercise value crossing above (or below) a user-defined dollar target Alerts are evaluated on bar close and can be enabled individually via TradingView’s alert dialog. Notes Designed for tracking a single ticker Does not model time value, volatility, or option premiums Intended for visualization and monitoring purposes only This tool is useful for understanding how the value of an exercised options position evolves relative to price movement.
Pine Script® インジケーター
jordanfrayの投稿
Risk & Reward Position PlannerDescription This script is a trade architecture tool designed to help traders calculate position sizes and visualize risk-reward ratios dynamically on the chart. It focuses on functional precision and clean aesthetics, offering two distinct visual styles: "Cyber" for modern high-tech charts and "Classic" for a traditional look. Key Features Interactive Setup: Upon adding the script or resetting, it prompts you to click directly on the chart to set your Entry and Stop Loss levels. Dynamic Position Sizing: Calculates the total risk in currency (USD) based on your custom unit size. Multi-Target Planning: Visualizes four customizable Take Profit targets based on specific RR ratios. Cyber UI Aesthetics: Full control over colors, neon glow effects, and horizontal alignment to fit any chart layout. Comprehensive Data: Displays price, percentage distance, currency risk, and RR ratios at a single glance. User Guide (How to use) To ensure the most efficient workflow, here are the essential steps for operating the tool: Setting a New Trade (Resetting) If you change your symbol or want to plan a completely new trade, you can clear the current setup and trigger the interactive selection again: Right-click on the indicator in the chart OR click the three dots (...) next to the indicator name in the legend. Select "Reset Points". The indicator will prompt you to click two new points on the chart: first for the Entry, then for the Stop Loss. Moving Entry and Stop Loss Move the mouse over the line of the Entry or the StopLoss and grab the grip of the line to move it up or down. Drop it to the price you want to set.
Pine Script® インジケーター
realmacgyver77の投稿
BULLISH!! Low High Range Options HelperThis indicator is designed for range-based options trading, where price tends to rotate between a defined low and high rather than trend continuously. Its purpose is not to tell you what to trade, but to provide context for timing, specifically answering the question: if price is at a discount here, how much time should an option realistically have? The script identifies a recent price range and plots three key levels. The range high represents the upper boundary of recent price action and often acts as a take-profit or resistance area. The range mid is the 50 percent equilibrium of the range and is intended as a confirmation level rather than an entry signal. The range low represents the discount zone, where risk is best defined for bullish options trades. This is the only area where options guidance is displayed. When price touches the range low, the indicator calculates how long similar range rotations have taken in the past, adjusts that timing to the current chart timeframe, and applies a safety factor to reduce the risk of under-timing an options position. It then displays a suggested days-to-expiration label, such as 3 DTE, 4 DTE, 5 DTE, 6 DTE, 7 DTE, 10 DTE, or 14 plus. Shorter DTE values reflect faster expected rotations, while longer DTE values reflect slower, choppier, or more uncertain conditions. The goal is to help avoid the common mistake of buying options that do not have enough time to work. A typical way to use this tool is to identify a clearly defined range, wait for price to reach the range low, note the DTE guidance shown on the chart, then wait for confirmation such as a reclaim of the range midpoint before considering a trade. Risk can then be managed with the range structure in mind, often targeting the range high in rotational environments. The indicator is most effective in sideways or mean-reverting markets rather than strong trends. This script does not place trades, predict direction, or guarantee outcomes. It does not account for news events, earnings, implied volatility changes, or broader macro conditions. It is intended as a contextual tool to support disciplined decision-making, not as a standalone trading system. Always trade smart. Manage position size, define risk before entering a trade, and avoid over-leveraging short-dated options. The objective is not to predict the market, but to consistently align price structure with realistic time expectations.
Pine Script® インジケーター
soulvibesliveの投稿
1
ATR + STRAT Dashboard (LAST + DIR + REV) + Est MovesATR + STRAT Dashboard is a multi-timeframe market structure indicator built around The Strat and ATR context. It summarizes higher-timeframe control (buyers vs sellers), highlights key Strat conditions (inside/outside/2-1-2 style transitions), and flags common reversal candles (hammer / shooting star style signals) to help spot potential turns. It also includes ATR-based context and estimated move guidance so you can quickly gauge whether price has “room” to run or is extended. What it shows MTF Dashboard: quick read of trend/control across multiple timeframes Direction/Control: color-based bias (buyers vs sellers in charge) Reversal Flags: highlights reversal-style candles for awareness (not guaranteed) ATR Context + Estimated Moves: volatility-based framework for targets/expectations Non-repainting HTF behavior: designed to use closed higher-timeframe bars to reduce repaint surprises Note: This tool is for structure + context, not trade signals by itself. Always confirm with your plan/risk management.
Pine Script® インジケーター
melanicdaeの投稿
DLR - Daily Liquidity Range Framework (v1.3)Daily Level Ranges This strategy targets discounted premiums for buying Call/Put Options in discounted areas based on liquidity levels that form ranges. Opening Range creates the strongest liquidity for the day. Premarket Highs/Lows are strong liquidity points. Previous Day Highs/Lows are reliable liquidity points. PMH/PML and PDH/PDL may alternate positions relative to OR. * Discounted Calls are taken under the OR in Bullish conditions * Discounted Puts are taken above the OR in bearish conditions. - Momentum Calls are taken at the OR in Bullish Conditions - Momentum Puts are taken at the OR in Bearish Conditions
Pine Script® インジケーター
dlrtradesの投稿
Virgin-VWAPThis draws the Virgin levels of VWAP. It gives a visual representation of Volume-Weighted Gap Map. Visual "Fill": It looks like a "Gap Fill" indicator. The lines will look like rectangles or "beams" shooting across the chart, stopping exactly where the market "filled" that price level. Trimmed lines: The virgin line gets trimmed once touched. This tells you: "This level was hit, it might still be support/resistance, but the 'Virgin' status is gone." Terminal Labels: A vigin vwap lines carries the price label so ones can see the strike's value at a glance. Clean Forward Space: Because the lines stop when touched, your "future" chart (the empty space to the right) won't be cluttered with old lines that are no longer relevant. You will only see the lines for levels that haven't been hit yet extending into the empty space. Was built for NSE options in mind, seeing those "beams" of historical value stop exactly where price met them is a powerful way to visualize where the market has found "fair value" versus where there are still "unfilled orders." PS: Built with Gemini 3!!
Pine Script® インジケーター
gokofflineの投稿
IV Rank & Percentile Suite V1.0What This Indicator Does The IV Rank & Percentile Suite provides the volatility context options traders need to time entries. It calculates two complementary metrics—IV Rank and IV Percentile—using historical volatility as a proxy, then displays clear visual zones to identify favorable conditions for premium selling strategies. Stop guessing if volatility is "high" or "low." This indicator tells you exactly where current volatility sits relative to recent history. The Two Metrics Explained IV Rank (0-100) Measures where current volatility sits within its 52-week high-low range. IV Rank = (Current HV - 52w Low) / (52w High - 52w Low) × 100 70 means current volatility is 70% of the way between the yearly low and high Sensitive to extreme spikes (a single high reading affects the range) IV Percentile (0-100) Measures what percentage of days in the lookback period had lower volatility than today. IV Percentile = (Days with lower HV / Total days) × 100 70 means volatility was lower than today on 70% of days in the past year More stable, less affected by outlier spikes Why Both? IV Rank reacts faster to volatility changes. IV Percentile is more stable and statistically robust. When both agree (e.g., both above 50), you have stronger confirmation. Divergence between them can signal transitional periods. Zone System The indicator divides readings into three zones: Zone ------- Default Range ---- Meaning ------------------ Premium Selling 🟢 High ≥ 50 Elevated volatility Favorable 🟡 Neutral 25-50 Normal volatility Selective 🔴 Low ≤ 25 Compressed volatility Avoid An additional Extreme threshold (default 75) highlights prime conditions when volatility is significantly elevated. Zone thresholds are fully customizable in settings. How to Use It For Premium Sellers (Iron Condors, Credit Spreads, Strangles) Wait for IV Rank to enter the green zone (≥50) Confirm IV Percentile agrees (also elevated) Enter premium selling positions when both metrics align Avoid initiating new positions when in the red zone For Premium Buyers (Long Options, Debit Spreads) Low IV Rank/Percentile means cheaper options Red zone can favor directional debit strategies Avoid buying premium when both metrics are in the green zone General Principle: Sell premium when volatility is high (it tends to revert to mean). Buy premium when volatility is low (if you have a directional thesis). Inputs Volatility Calculation HV Period — Lookback for historical volatility calculation (default: 20) Trading Days/Year — 252 for stocks, 365 for crypto Lookback Periods IV Rank Lookback — Period for high/low range (default: 252 = 1 year) IV Percentile Lookback — Period for percentile calculation (default: 252) Zone Thresholds High IV Zone — Readings above this are highlighted green (default: 50) Low IV Zone — Readings below this are highlighted red (default: 25) Extreme High — Threshold for "prime" conditions alert (default: 75) Display Options Toggle IV Rank, IV Percentile, and raw HV display Show/hide zone backgrounds Show/hide info panel Panel position selection Info Panel The panel displays: Field ------- Description IV Rank ------- Current reading with color coding IV Pctl ------- Current percentile with color coding HV 20d ------- Raw historical volatility percentage 52w Range ------- Lowest to highest HV in lookback period Zone ------- Current zone status Premium ------- Signal quality for premium selling Lookback ------- Days used for calculations R/P Spread ------- Difference between Rank and Percentile Alerts Six alerts are available: Zone Transitions IV Entered High Zone — Favorable for premium selling IV Reached Extreme Levels — Prime conditions IV Dropped to Low Zone — Caution for premium sellers Threshold Crosses IV Rank Crossed Above High Threshold IV Rank Crossed Below Low Threshold IV Percentile Above 75 IV Percentile Below 25 Set up alerts to get notified when conditions change without watching charts. Technical Notes Volatility Calculation Method This indicator uses close-to-close historical volatility as an IV proxy: Calculate log returns: ln(Close / Previous Close) Take standard deviation over HV Period Annualize: multiply by √(Trading Days) This method correlates well with implied volatility for most liquid instruments. On highly liquid options underlyings (SPY, QQQ, major stocks), HV and IV tend to move together, making this a reliable proxy for IV Rank analysis. Non-Repainting All calculations use confirmed bar data. Values are fixed once a bar closes. Lookback Requirement The indicator needs sufficient history to calculate accurately. For a 252-day lookback, ensure your chart has at least 300+ bars of data. Best Used On ETFs: SPY, QQQ, IWM, DIA Indices: SPX, NDX High-volume stocks: AAPL, TSLA, NVDA, AMD, META Timeframe: Daily (recommended), Weekly for longer-term view The indicator works on any instrument but is most meaningful on underlyings with active options markets. Important Notes ⚠️ This indicator uses historical volatility as a proxy for implied volatility. While HV and IV are correlated, they are not identical. For precise IV data, consult your options broker's platform. ⚠️ High IV Rank does not guarantee profitable premium selling. It indicates favorable conditions, not guaranteed outcomes. Position sizing and risk management remain essential. ⚠️ Past volatility patterns do not guarantee future behavior. Volatility regimes can shift, and historical ranges may not predict future ranges. Suggested Workflow Add to daily chart of your preferred underlying Set up alert for "IV Entered High Zone" When alerted, check both IV Rank and IV Percentile If both elevated, evaluate premium selling opportunities Use your broker's actual IV data for final entry decisions Questions? Leave a comment below.
Pine Script® インジケーター
VolForgeの投稿
1
15-Minute High Low Short LinesThis indicator plots short horizontal lines showing the **high** and **low** of the most recently completed 15-minute candle, regardless of the chart's timeframe. Key Features: - Lines start exactly at the open time of the previous completed 15-minute bar - Lines extend forward for a user-defined number of minutes (default: 60 minutes = 1 hour ahead) - Only the latest lines are displayed (old lines are automatically removed for a clean chart) - Fully customizable: line colors, width, and extension length - Non-repainting and works perfectly on any timeframe (1m, 5m, 1h, daily, etc.) - Ideal for marking recent 15-minute range levels for breakout or support/resistance trading Great for intraday traders who want quick visual reference to the prior 15-minute high and low without clutter.
Pine Script® インジケーター
captainshark22の投稿