OPEN-SOURCE SCRIPT
Futures Expected Move (Multi-Asset)
This indicator automatically calculates and plots the Expected Move (Implied Volatility Range) for major indices and futures, helping traders visualize where the market is statistically likely to stay for a given timeframe.
Unlike standard volatility indicators, this script is Asset-Aware. It automatically detects which symbol you are trading and pulls the correct institutional Volatility Index to calculate the move:
ES / SPX (S&P 500): Uses VIX
NQ (Nasdaq-100): Uses VXN (Cboe Nasdaq Volatility Index)
GC (Gold): Uses GVZ (Cboe Gold Volatility Index)
Key Features:
🎯 Smart Symbol Detection: No need to manually change settings when switching between ES, NQ, or Gold. The script adjusts the calculation and color-coding automatically (Blue for ES, Purple for NQ, Gold for GC).
⚙️ Customizable DTE: Easily change the "Days to Expiration" (Input 1.0 for Daily Expected Move, 7.0 for Weekly, etc.) to match your trading strategy.
📊 Live Data Table: Displays exactly which Volatility Index is being used and the exact price value of the implied move.
📉 Visual Zones: Plots clear Upper and Lower bounds to help identify potential reversal zones, profit targets, or strike placements for credit spreads.
How to Use:
Add the indicator to your chart (Works best on ES, NQ, GC, or SPX).
Go to Settings and input your target DTE (Default is 1 Day).
Use the Upper and Lower bands to gauge the market maker's expected range for the session.
Perfect for futures day traders and options sellers looking for statistical edges.
Unlike standard volatility indicators, this script is Asset-Aware. It automatically detects which symbol you are trading and pulls the correct institutional Volatility Index to calculate the move:
ES / SPX (S&P 500): Uses VIX
NQ (Nasdaq-100): Uses VXN (Cboe Nasdaq Volatility Index)
GC (Gold): Uses GVZ (Cboe Gold Volatility Index)
Key Features:
🎯 Smart Symbol Detection: No need to manually change settings when switching between ES, NQ, or Gold. The script adjusts the calculation and color-coding automatically (Blue for ES, Purple for NQ, Gold for GC).
⚙️ Customizable DTE: Easily change the "Days to Expiration" (Input 1.0 for Daily Expected Move, 7.0 for Weekly, etc.) to match your trading strategy.
📊 Live Data Table: Displays exactly which Volatility Index is being used and the exact price value of the implied move.
📉 Visual Zones: Plots clear Upper and Lower bounds to help identify potential reversal zones, profit targets, or strike placements for credit spreads.
How to Use:
Add the indicator to your chart (Works best on ES, NQ, GC, or SPX).
Go to Settings and input your target DTE (Default is 1 Day).
Use the Upper and Lower bands to gauge the market maker's expected range for the session.
Perfect for futures day traders and options sellers looking for statistical edges.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.