Black Arrow

21 juil.

Expected Move Levels - Closer Prices
This script calculates and displays the expected move based on Implied Volatility (IV) and Days to Expiration (DTE). It helps traders visualize potential price movement ranges over a defined period using historical close price.

🔹 Key Features:

Customizable IV and DTE inputs

Displays 2 green levels above price and 2 red levels below, representing half and full expected move

Mid-lines between base price and first green/red level

Each level is labeled with its price value

Lines are drawn short and don't extend through the full chart for clarity

📘 Formula:
Expected Move = Price × IV × √(DTE / 365)

Use this tool to estimate market volatility zones and potential price targets without relying on traditional indicators.

21 juil.

Notes de version

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22 juil.

Notes de version

update