This HV/IV indicator helps you to select an opt Option Strategy. It creates 5 areas & each area defines the present status of the option premium, which varies from Very Low to Very High. From the bottom, (Option Premium is) Area 1. Very Low Area 2. Low Area 3. Fair Area 4. High Area 5. Very High Find which area, current Implied Volatility (User Input) belongs in...
This Plots the Standard Deviation Price Band based on the Historical Volatility. SD 1, 2, 3. Version update: Fixed the Standard Deviation mistake on Version 1. Added Smoothing Options for those who prefer a less choppy version. Standard Deviation 3 plot is not set to Default
Strategy buy when HVol above BuyBand and close position when HVol below CloseBand. Markets oscillate from periods of low volatility to high volatility and back. The author`s research indicates that after periods of extremely low volatility, volatility tends to increase and price may move sharply. This increase in volatility tends to correlate with the...