OPEN-SOURCE SCRIPT

IV Rank as a Label (Top Right)

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IV Rank (HV Proxy) – Label

Displays an IV Rank–style metric using Historical Volatility (HV) as a proxy, since TradingView Pine Script does not provide access to true per-strike implied volatility or IV Rank.

The script:

  • Calculates annualized Historical Volatility (HV) from price returns
  • Ranks current HV relative to its lookback range (default 252 bars)
  • Displays the result as a clean, color-coded label in the top-right corner


Color logic:

🟢 Green: Low volatility regime (IV Rank < 20)
🟡 Yellow: Neutral volatility regime (20–50)
🔴 Red: High volatility regime (> 50)

This tool is intended for options context awareness, risk framing, and volatility regime identification, not as a substitute for broker-provided IV Rank.

Best used alongside:

  • Options chain implied volatility
  • Delta / extrinsic value
  • Time-to-expiration analysis


Note: This indicator does not use true implied volatility data.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。