OPEN-SOURCE SCRIPT

NIFTY VIX BANDS

This script can be used to visually identify the 1 standard deviation range of price movement anticipated by NSE ticker for Volatility Index NSE:INDIAVIX
Ideal to use on NSE:NIFTY ticker only!

The NIFTY range is extended to Yearly, Monthly, Weekly, Daily based on the current value of INDIAVIX.

All options are customizable:
  • Time frame of the VIX Bands
    Select / De-select of Plots for Yearly, Monthly Weekly and Daily






optionsellingVolatility

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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