OPEN-SOURCE SCRIPT
已更新 Rolling Volatility Bands
Make sure to view it from the 1D candlestick chart.
The Rolling Volatility Bands indicator provides a statistically-driven approach to visualizing expected daily price movements using true volatility calculations employed by professional options traders. Unlike traditional Bollinger Bands which use price standard deviation around a moving average, this indicator calculates actual daily volatility from log returns over customizable rolling periods (20-day and 60-day), then annualizes the volatility using the standard √252 formula before projecting forward-looking probability bands. The 1 Standard Deviation bands represent a ~68% probability zone where price is expected to trade the following day, while the 2 Standard Deviation bands capture ~95% of expected movements. This methodology mirrors how major exchanges calculate expected moves for earnings and FOMC events, making it invaluable for options strategies like iron condors during low-volatility periods (narrow bands) or directional plays when volatility expands. The indicator works on any timeframe while always utilizing daily candle data via security() calls, ensuring consistent volatility calculations regardless of your chart resolution, and includes real-time annualized volatility percentages plus daily expected range statistics for comprehensive market analysis.
The Rolling Volatility Bands indicator provides a statistically-driven approach to visualizing expected daily price movements using true volatility calculations employed by professional options traders. Unlike traditional Bollinger Bands which use price standard deviation around a moving average, this indicator calculates actual daily volatility from log returns over customizable rolling periods (20-day and 60-day), then annualizes the volatility using the standard √252 formula before projecting forward-looking probability bands. The 1 Standard Deviation bands represent a ~68% probability zone where price is expected to trade the following day, while the 2 Standard Deviation bands capture ~95% of expected movements. This methodology mirrors how major exchanges calculate expected moves for earnings and FOMC events, making it invaluable for options strategies like iron condors during low-volatility periods (narrow bands) or directional plays when volatility expands. The indicator works on any timeframe while always utilizing daily candle data via security() calls, ensuring consistent volatility calculations regardless of your chart resolution, and includes real-time annualized volatility percentages plus daily expected range statistics for comprehensive market analysis.
版本注释
Made sure the shown volatility bands actually relate from the prior candle, and not from the current candle.开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。