F&O Time Zones – Final Fixed📌 This indicator highlights high-probability intraday time zones used in Indian F&O (Futures & Options) strategies. Ideal for scalping, breakout setups, and trap avoidance.
🕒 Covered Time Zones:
• 9:15 – 9:21 AM → Flash Trades (first 1-minute volatility)
• 9:21 – 9:30 AM → Smart Money Trap (VWAP fakeouts)
• 9:30 – 9:50 AM → Fake Breakout Zone
• 9:50 – 10:15 AM → Institutional Entry Timing
• 10:15 – 10:45 AM → VWAP Range Scalps
• 10:45 – 11:15 AM → Second Trap Zone
• 11:15 – 1:00 PM → Trend Continuation Window
• 1:00 – 1:45 PM → Volatility Compression
• 1:45 – 2:15 PM → Institutional Exit Phase 1
• 2:15 – 2:45 PM → Trend Acceleration / Reversals
• 2:45 – 3:15 PM → Expiry Scalping Zone
• 3:15 – 3:30 PM → Dead Zone (square-off time)
🔧 Features:
✓ Clean vertical lines per zone
✓ Optional label positions (top or bottom)
✓ Adjustable line style, width, and color
🧠 Best used on: NIFTY, BANKNIFTY, FINNIFTY (5-min or lower)
---
🔒 **Disclaimer**:
This script is for **educational purposes only**. It is not financial advice. Trading involves risk. Please consult a professional or do your own research before taking any positions.
—
👤 Script by: **JoanJagan**
🛠️ Built in Pine Script v5
Options
Options Strategy V1.3📈 Options Strategy V1.3 — EMA Crossover + RSI + ATR + Opening Range
Overview:
This strategy is designed for short-term directional trades on large-cap stocks or ETFs, especially when trading options. It combines classic trend-following signals with momentum confirmation, volatility-based risk management, and session timing filters to help identify high-probability entries with predefined stop-loss and profit targets.
🔍 Strategy Components:
EMA Crossover (Fast/Slow)
Entry signals are triggered by the crossover of a short EMA above or below a long EMA — a traditional trend-following method to detect shifts in momentum.
RSI Filter
RSI confirms the signal by avoiding entries in overbought/oversold zones unless certain momentum conditions are met.
Long entry requires RSI ≥ Long Threshold
Short entry requires RSI ≤ Short Threshold
ATR-Based SL & TP
Stop-loss is set dynamically as a multiple of ATR below (long) or above (short) the entry price.
Take-profit is placed as a ratio (TP/SL) of the stop distance, ensuring consistent reward/risk structure.
Opening Range Filter (Optional)
If enabled, the strategy only triggers trades after price breaks out of the 09:30–09:45 EST range, ensuring participation in directional moves.
Session Filters
No trades from 04:00 to 09:30 and from 16:00 to 20:00 EST, avoiding low-liquidity periods.
All open trades are closed at 15:55 EST, to avoid overnight risk or expiration issues for options.
⚙️ Built-in Presets:
You can choose one of the built-in ticker-specific presets for optimal conditions:
Ticker EMAs RSI (Long/Short) ATR SL×ATR TP/SL
SPY 8/28 56 / 26 14 1.4× 4.0×
TSLA 23/27 56 / 33 13 1.4× 3.6×
AAPL 6/13 61 / 26 23 1.4× 2.1×
MSFT 25/32 54 / 26 14 1.2× 2.2×
META 25/32 53 / 26 17 1.8× 2.3×
AMZN 28/32 55 / 25 16 1.8× 2.3×
You can also choose "Custom" to fully configure all parameters to your own market and strategy preferences.
📌 Best Use Case:
This strategy is especially suited for intraday options trading, where timing and risk control are critical. It works best on liquid tickers with strong trends or clear breakout behavior.
🎯 M7Ai Algo"M7Ai Algo": شرح موجز
مؤشر M7Ai Algo هو أداة متطورة تم تطويرها باستخدام Pine Script v6، مصممة لتزويد المتداولين بنظرة شاملة لديناميكيات السوق وإشارات التداول المحتملة. يدمج هذا المؤشر مكونات تحليلية متعددة لتقديم رؤى قوية:
محرك الاتجاه (Trend Engine): يستخدم متوسطًا متحركًا مدمجًا ("Fusion MA") يتكون من عدة متوسطات متحركة (مثل EMA، SMA، WMA، ALMA، و VWAP) لتحديد اتجاه السوق السائد وقوته بدقة. كما يشتمل على كشف الانعكاسات بناءً على مؤشر RSI.
الدعم والمقاومة (Support & Resistance): يقوم بحساب ورسم مستويات الدعم والمقاومة الديناميكية تلقائيًا، بما في ذلك النقاط المحورية، مما يساعد المتداولين على تحديد مناطق الأسعار الرئيسية.
تحليل هيكل السوق (Market Structure Analysis): يكشف عن عناصر هيكل السوق الحاسمة مثل مناطق الأوامر (Order Blocks)، شموع المطرقة/المطرقة المقلوبة (Hammer/Inverted Hammer candles)، كسور الهيكل (BOS - Breaks of Structure)، تغيرات الطابع (CHOCH - Changes of Character)، ومناطق السيولة (Liquidity Zones). هذه العناصر حيوية لفهم تحركات السعر المحتملة.
توليد إشارات التداول (Trading Signal Generation): بناءً على تقاطع اتجاه السوق، تأكيد الحجم، الزخم، وهيكل السوق المحدد، يولد المؤشر إشارات تداول "شراء" (LONG) أو "بيع" (SHORT). وتأتي كل إشارة مصحوبة بـ درجة ثقة تشير إلى موثوقيتها.
مستويات الدخول، وقف الخسارة، والأهداف (Entry, Stop-Loss, and Targets): لكل إشارة، يحسب المؤشر نقاط دخول تكيفية، ومستويات وقف الخسارة، وأهداف جني الأرباح المتعددة (T1، T2، T3)، وكل ذلك يتم تعديله ديناميكيًا باستخدام متوسط المدى الحقيقي (ATR) ليعكس التقلبات الحالية.
الرسوم البيانية ولوحة المعلومات (Visualizations & Dashboard): يوفر المؤشر عناصر بصرية قابلة للتخصيص، بما في ذلك الشموع الملونة، سحابات الاتجاه، والنطاقات الديناميكية. كما يتضمن لوحة معلومات (Dashboard) على الرسم البياني لتقديم ملخص سريع لحالة السوق الحالية، معلومات الإشارة، ومستويات الدخول.
باختصار، يهدف مؤشر M7Ai Algo إلى تبسيط عملية التحليل الخاصة بك عن طريق تجميع أدوات فنية قوية لمساعدتك على اتخاذ قرارات تداول أكثر استنارة.
M7Ai Algo: A Brief Explanation
English
The M7Ai Algo is a sophisticated Pine Script v6 indicator designed to provide traders with a comprehensive view of market dynamics and potential trading signals. It integrates multiple analytical components to offer robust insights:
Trend Engine: Utilizes a "Fusion MA" (a composite of multiple moving averages like EMA, SMA, WMA, ALMA, and VWAP) to accurately identify the prevailing market trend and its strength. It also incorporates RSI-based reversal detection.
Support & Resistance: Automatically calculates and plots dynamic support and resistance levels, including pivot points, helping traders identify key price areas.
Market Structure Analysis: Detects crucial market structure elements such as Order Blocks, Hammer/Inverted Hammer candles, Breaks of Structure (BOS), Changes of Character (CHOCH), and Liquidity Zones. These elements are vital for understanding institutional footprints and potential price movements.
Trading Signal Generation: Based on a confluence of trend direction, volume confirmation, momentum, and identified market structure, the indicator generates "LONG" or "SHORT" trading signals. Each signal comes with a confidence score, suggesting its reliability.
Entry, Stop-Loss, and Targets: For each signal, the indicator calculates adaptive entry points, stop-loss levels, and multiple take-profit targets (T1, T2, T3), all dynamically adjusted using Average True Range (ATR) to reflect current volatility.
Visualizations & Dashboard: The indicator offers customizable visual elements, including colored candles, trend clouds, and dynamic bands. A dashboard is included on the chart to provide a quick summary of the current market state, signal information, and entry levels.
In essence, the M7Ai Algo aims to streamline your analysis process by bringing together powerful technical tools to help you make more informed trading decisions.
Simplified SMC Order Blocks📌 Simplified SMC Order Blocks (Pine Script v6)
This script automatically identifies bullish and bearish order blocks based on simple swing highs and lows — inspired by Smart Money Concepts (SMC) and price action trading.
🔍 Features
Detects swing highs/lows using a lookback period
Waits for confirmation candles to validate the zone
Draws order block zones using box.new() directly on the chart
Includes alerts for both bullish and bearish order blocks
⚙️ Inputs
Lookback: How many candles to look back for swing points
Confirmation Candles: How many bars to wait before confirming the OB
Zone Width: Width of the drawn zone (in bars)
🟩 Bullish Order Block:
Identified after a swing low forms
Plots a green shaded zone below price
🟥 Bearish Order Block:
Identified after a swing high forms
Plots a red shaded zone above price
📈 Use Case
Identify potential reversal or mitigation zones
Align with other SMC tools like break of structure (BoS), liquidity sweep, etc.
StraddleThis is an indicator for straddle on Indian markets, with hedging/with out hedging.
You can se these with super trend and ema xover
TradeCrafted – Custom Lines with Dynamic Trend Flow📌 TradeCrafted – Custom Lines with Dynamic Trend Flow
Smart Trend Mapping with Signal Precision
This indicator is crafted for traders who seek clarity, structure, and precision in their trend-following strategy. It dynamically maps price behavior using multiple custom-calculated trend lines that reset daily, extend into the future, and adapt live to market conditions.
🔍 Key Highlights:
⚡ Instant Buy/Sell Labels at critical moments of trend momentum shifts — ideal for intraday entries or swing confirmations.
📐 Three smooth trend lines, updated live and extended ahead, help visualize short- and mid-term directional flow.
🎨 Auto-colored candles based on unique momentum criteria make it easy to scan for strength or weakness.
🕛 Daily resetting logic ensures every session starts with fresh, unbiased trend evaluation — no carryover noise.
✅ Perfect For:
Traders who appreciate minimalist, structure-focused visual guidance.
Those who want an edge without relying on standard indicators.
Anyone looking for clean breakout signals that combine momentum and price action intelligence.
Add it to your chart and let it guide your decisions with elegant, real-time structure and high-probability signals.
TradeCrafted - Gaps in Candles Live🚀 TradeCrafted – Gaps in Candles Live
Instant Gap Detection. Real-Time Signals.
The TradeCrafted – Gaps in Candles Live indicator is a precision tool that scans your chart for true gap formations — those moments when price completely jumps above or below the previous candle, often signaling strong institutional activity or momentum shifts.
🔍 Key Features:
📈 Gap Up Alerts: Highlights when the current candle opens entirely above the previous high — a potential bullish breakout signal.
📉 Gap Down Alerts: Marks when the current candle opens entirely below the previous low — a possible bearish momentum signal.
✅ Real-Time Plotting: Gaps are detected and displayed live, with bold green and red labels for instant visibility.
🎯 Designed for all assets — stocks, indices, crypto, and forex — on any timeframe.
🧠 Why Use It?
Great for spotting momentum ignition points.
Helps identify institutional buying or selling footprints.
Ideal for gap trading strategies or opening range analysis.
Just add it to your chart and let the gaps speak for themselves — no settings, no confusion, just clarity.
Master [Trade Snipers]✅ How It Works
The Master indicator is a custom-developed trend and signal tool based on a modified range filter algorithm, specifically designed for clarity, non-repainting signals, and actionable trade execution.
🔧 1. Custom Adaptive Range Filter (Original Logic)
At its core is a custom-built filter that adapts to price volatility. Unlike standard MAs or public-domain range indicators, this version:
(1) Uses a double-smooth EMA logic on absolute price changes.
(2)Multiplies the range by an Impact Factor, giving a dynamic width.
(3) Applies a custom filter algorithm that limits noise and locks on trend movement.
This logic was modified from the concept of range-based filters, but entirely re-engineered to serve trend-following and TP triggering.
🟩 2. Visual Trend Zones (Upper/Lower Lines)
The filtered value generates two dynamic lines:
(1)One above the filter
(2)One below the filter
These create a color-filled “trend tunnel”, making it easy to identify:
(3)🔵 Uptrend (blue fill)
(4)🔴 Downtrend (red fill)
(5)🟡 Sideways market (no fill or neutral color)
These visual cues allow instant identification of market direction without reading complex data
📈 3. Smart Buy/Sell Signals (Confirmed, Non-Repainting ✅)
(1)🚀 Smart Buy is triggered when a confirmed uptrend begins (filter shifts upward with a
new confirmation).
(2)🔻 Smart Sell appears at the start of a confirmed downtrend.
(3)Sideways filters out choppy signals, reducing whipsaws.
✅ All signals are confirmed only after the candle closes (barstate.isconfirmed is used), meaning:
🔒 No repainting or false previews — 100% reliable on live charting.
💰 4. Take Profit System (Unique Utility)
This indicator tracks the entry price after a signal, and auto-detects when a Take Profit level
(in pips) is reached.
(1)💰 Book Profit alert is triggered above/below the candle.
(2)Helps secure gains without relying on external bots or platforms.
🔔 5. Real-Time Alerts Included
All alerts are built-in for automation:
(1)🚀 Smart Buy
(2)🔻 Smart Sell
(3)💰 Book Profit (Buy/Sell)
Smart Money Trap SignalSmart Money Trap Signal – Indicator Description
The Smart Money Trap Signal is a precision-based trading tool designed to identify areas where institutional traders (smart money) are likely to trap retail traders through false breakouts and liquidity grabs. These traps often occur near key highs and lows, where retail traders are lured into trades just before price reverses sharply.
🔍 Key Features:
Liquidity Sweep Detection
Identifies false breakouts of recent swing highs or lows, signaling potential liquidity grabs by large players.
Reversal Confirmation
Confirms the trap using a classic price action reversal pattern (bullish or bearish engulfing), helping filter out weak signals.
Optional Volume Spike Filter
Allows additional confirmation based on a significant spike in volume, indicating potential institutional involvement.
Buy and Sell Trap Signals
🔴 Smart Money Short (SMT↓) – Triggered when price sweeps a high and reverses down.
🟢 Smart Money Long (SMT↑) – Triggered when price sweeps a low and reverses up.
Alerts & Labels
Real-time alert conditions and on-chart labels to help you catch setups without missing opportunities.
📈 How to Use:
Apply on Higher Timeframes (1H, 4H, Daily) for cleaner signals.
Look for SMT signals at key supply/demand zones or market structure points.
Combine with your existing trading strategy, such as order blocks or break of structure (BoS), for higher accuracy.
Use volume filter only if you're analyzing markets where volume data is reliable.
⚠️ Disclaimer:
This tool is meant to assist with trade identification, not trade execution. Always use proper risk management and validate setups with your trading plan.
Mathematical Previous Day's Levels🧠 Mathematical Previous Day's Levels
This powerful indicator combines price action logic with mathematically derived levels to help traders visualize key intraday and positional support/resistance zones.
deal for:
Intraday Traders (NIFTY/BANKNIFTY focused)
Mathematical/Quant-based trading strategies
Those who combine technical levels with market structure
Anyone who wants clarity with clean visual aids
ZYTX GKDDThe ZYTX High-Sell Low-Buy Indicator Strategy is a trend-following indicator that integrates multiple indicator resonances. It demonstrates the perfect performance of an automated trading robot, truly achieving the high-sell low-buy strategy in trading.
Historical Volatility with HV Average & High/Low TrendlinesHere's a detailed description of your Pine Script indicator:
---
### 📊 **Indicator Title**: Historical Volatility with HV Average & High/Low Trendlines
**Version**: Pine Script v5
**Purpose**:
This script visualizes market volatility using **Historical Volatility (HV)** and enhances analysis by:
* Showing a **moving average** of HV to identify volatility trends.
* Marking **high and low trendlines** to highlight extremes in volatility over a selected period.
---
### 🔧 **Inputs**:
1. **HV Length (`length`)**:
Controls how many bars are used to calculate Historical Volatility.
*(Default: 10)*
2. **Average Length (`avgLength`)**:
Number of bars used for calculating the moving average of HV.
*(Default: 20)*
3. **Trendline Lookback Period (`trendLookback`)**:
Number of bars to look back for calculating the highest and lowest values of HV.
*(Default: 100)*
---
### 📈 **Core Calculations**:
1. **Historical Volatility (`hv`)**:
$$
HV = 100 \times \text{stdev}\left(\ln\left(\frac{\text{close}}{\text{close} }\right), \text{length}\right) \times \sqrt{\frac{365}{\text{period}}}
$$
* Measures how much the stock price fluctuates.
* Adjusts annualization factor depending on whether it's intraday or daily.
2. **HV Moving Average (`hvAvg`)**:
A simple moving average (SMA) of HV over the selected `avgLength`.
3. **HV High & Low Trendlines**:
* `hvHigh`: Highest HV value over the last `trendLookback` bars.
* `hvLow`: Lowest HV value over the last `trendLookback` bars.
---
### 🖍️ **Visual Plots**:
* 🔵 **HV**: Blue line showing raw Historical Volatility.
* 🔴 **HV Average**: Red line (thicker) indicating smoothed HV trend.
* 🟢 **HV High**: Green horizontal line marking volatility peaks.
* 🟠 **HV Low**: Orange horizontal line marking volatility lows.
---
### ✅ **Usage**:
* **High HV**: Indicates increased risk or potential breakout conditions.
* **Low HV**: Suggests consolidation or calm markets.
* **Cross of HV above Average**: May signal rising volatility (e.g., before breakout).
* **Touching High/Low Levels**: Helps identify volatility extremes and possible reversal zones.
---
Let me know if you’d like to add:
* Alerts when HV crosses its average.
* Shaded bands or histogram visualization.
* Bollinger Bands for HV.
GlocksFibsA modded Version of AlgoAlphas fib script. reworked it into my fib set. same rules apply 868 924 entry. first tp 50% mark. using it to help speed up my charting process overall. This is by far one of the best ones ive found that wont print the fib weird once the new numbers are in. all credits to AlgoAlpha and this gem they made!
Option Call, PUT, entery point, sell point , OB,RSI,VOL,.. this signal when to but call or put and when it the last moment you have to sell them.
works best on 2 min chart or longer time frame.
Previous 2 Days High/LowCan you give me a summary of this indicator
The "Previous 2 Days High/Low" indicator, written in Pine Script v5 for TradingView, plots horizontal lines representing the combined high and low prices of the previous two trading days on a chart. Here's a summary of its functionality, purpose, and key features:
Purpose
The indicator helps traders identify significant price levels by displaying the highest high and lowest low from the previous two days, which can act as potential support or resistance levels. These levels are plotted as lines that extend across the current trading day, making it easier to visualize key price zones for trading decisions.
Key Features
Calculates Combined High and Low:
Retrieves the high and low prices of the previous day and the day before using request.security on the daily timeframe ("D").
Computes the combined high as the maximum of the two days' highs and the combined low as the minimum of the two days' lows.
Dynamic Line Plotting:
Draws two horizontal lines:
Red Line: Represents the combined high, plotted at the highest price of the previous two days.
Green Line: Represents the combined low, plotted at the lowest price of the previous two days.
Lines are created at the start of a new trading day and extended to the right edge of the chart using line.set_x2, ensuring they span the entire current day.
Labels for Clarity:
Adds labels to the right of the chart, displaying the exact price values of the combined high ("Combined High: ") and combined low ("Combined Low: ").
Labels are updated to move with the lines, maintaining alignment at the current bar.
Clutter Prevention:
Deletes old lines and labels at the start of each new trading day to avoid overlapping or excessive objects on the chart.
Dynamic Requests:
Uses dynamic_requests=true in the indicator() function to allow request.security calls within conditional blocks (if ta.change(time("D"))), enabling daily data retrieval within the script's logic.
Kubera - FairPriceDiscover the hidden balance within price action. Price has memory — and Kubera remembers where value truly lies. This is precision trading, simplified.
The Axis marks the central zone of value. Upper and Lower guide potential reversals or continuations. The HTF Axis reveals a higher timeframe’s gravitational zone — often unseen, yet deeply influential.
APLBGreen Line: Indicates the EMA is rising (bullish short-term momentum).
Red Line: Indicates the EMA is falling (bearish short-term momentum).
TZADIKAOTTZA1.2 - Triple Convergence🚀 *TZADIK – Triple Convergence*
The ultimate convergence indicator that brings clarity through the power of consensus.
*What’s Inside?*
A smart fusion of *3 powerful momentum-based indicators*:
* *SMI (Stochastic Momentum Index)*
* *Stochastic RSI*
* *CCI Stochastic*
📊 Each one generates its own buy/sell signal — and TZADIKAOT combines them into a clear, unified consensus:
* ✅ *3/3 BUY / SELL* – Strong entry signals
* ⚠ *2/3 BUY / SELL* – Moderate signals worth watching
* ⚪ *Neutral* – No consensus yet
🎯 *Features*:
✔ Dynamic score histogram
✔ Color-coded background zones
✔ Visual arrows + status labels
✔ Real-time signal table
✔ Built-in alerts for full consensus
*Who is it for?*
Traders who want structured, data-driven signals instead of noise — and a single, trustworthy indicator to guide their decisions.
💡 Designed for clarity, precision, and ease of use on *any timeframe*. No more guesswork. Just signals that matter.
London / NY / Tokyo BreakoutLondon / NY / Tokyo Breakout Signal
This indicator analyzes price action during the London, New York, and Tokyo trading sessions by defining a price range (box) formed at the beginning of each session. At the end of the session, it tests whether the price range is broken.
When the box is broken, it generates a long or short breakout signal on the first breakout bar.
Features:
User-configurable session start and end times with support for local time and GMT offset
Boxes visually display the high-low range formed during each session
Long and short breakout signals plotted on the chart upon price breaking the box
Alert conditions for all breakout signals
Customizable colors for boxes and signals
Use case :
Ideal for breakout strategies based on consolidation during London, New York, and Tokyo sessions in Forex, equities, commodities, and other markets.
Trend Levels + DANGER ZONEDescription: Box Breakout EMA OI Strategy
This strategy simulates open interest using a z-score of price over a lookback period as a proxy to detect rising trader commitment. Since true open interest isn’t always available, the proxy captures abnormal price persistence and volatility compression, which often precede strong moves. Combined with DMI and EMA structure, it helps identify breakouts where participation and conviction are increasing, improving the quality of entries.
Inside Bar Detector - 15min
🔍 What is an Inside Bar?
An **Inside Bar** is a candle that forms **entirely within the high and low of the previous candle**. It represents **consolidation**, **indecision**, or **potential reversal**, and is a key signal in The Strat trading method.
🔧 What the Script Does:
1. **Timeframe Restriction**:
* The script activates **only on the 15-minute timeframe**, avoiding clutter on other timeframes.
2. **Inside Bar Logic**:
* It checks whether the **current bar’s high is lower than the previous bar’s high**, **AND** the **current bar’s low is higher than the previous bar’s low**.
* If both conditions are true, it confirms an Inside Bar.
3. **Visual Display**:
* When an Inside Bar is detected, the script **plots a yellow label ("1") above the bar**.
* The label represents the Strat 1-bar and helps you easily spot potential setups.
🎯 Use Case:
* Ideal for **Strat traders**, **price action analysts**, or **any trader** looking for breakout or reversal opportunities.
* Common setups include **1-2**, **1-3**, or **double inside bar** breakouts.
Improved Historical Volatility Calculator (No Options)Improved Historical Volatility Calculator (No Options)
Description
The "Improved Historical Volatility Calculator (No Options)" is a Pine Script indicator designed to calculate the historical volatility (HV) of assets without relying on options data. This tool is particularly useful for markets like forex, indices, or stocks where options trading might be limited or unavailable. It provides a customizable way to measure volatility based on historical price movements, with options to adjust the calculation period, trading days per year, and use an exponentially weighted moving average (EWMA) for enhanced sensitivity to recent data.
This indicator can be used standalone to visualize volatility trends or integrated with other scripts (e.g., option pricing models) to provide a manual input for implied volatility (IV).
Features
Customizable Period: Adjust the number of days (5 to 365) for volatility calculation.
Flexible Annualization: Set the number of trading days per year (default 252) to suit different markets (e.g., 365 for forex).
EWMA Option: Toggle between standard deviation and EWMA for a more responsive volatility measure.
Trend Adjustment: Removes the influence of price trends using an EMA-based detrending method.
Visual Output: Displays volatility as a histogram and labels the latest value on the chart.
How to Use
Add the Indicator: Load the indicator onto your chart via the Pine Script editor or the Indicators menu.
Configure Settings:
Period for Calculation: Set the lookback period (e.g., 30 days) to calculate volatility.
Trading Days per Year: Adjust for your market (e.g., 252 for stocks, 365 for continuous markets).
Use EWMA: Enable for a weighted approach focusing on recent volatility.
Interpret the Results: The histogram shows volatility in decimal form (e.g., 0.03136 = 3.136%), and the label displays the percentage on the last bar.
Integration: Use the calculated volatility value (in decimal form) as a manual IV input in other scripts, such as option pricing models.
Example
For the DXY index, with a 60-day period and 252 trading days per year, the indicator might output a volatility of 0.03136 (3.136%). You can input this value into an options model to estimate standard deviation levels, adjusting for the days to expiry.
Notes
Accuracy: The indicator provides a reliable estimate of historical volatility, with improvements like trend removal and EWMA. For precision, use a period that matches your trading horizon (e.g., 30-90 days).
Limitations: Volatility is based on historical data and may not reflect future market conditions or implied volatility from options.
Compatibility: Tested on TradingView as of June 16, 2025. Ensure sufficient historical data is available for the chosen period.
Suggestions
Increase the period for volatile assets to smooth out noise.
Share feedback or request enhancements in the comments!
