We all know TVC:VIX . But what is NASDAQ:VOLI ? VOLI is basically a measure of expectations for market volatility over the next 30 calendar days as expressed by ATM options on AMEX:SPY nations.com So why is this VIX /VOLI ratio important? It's because it can give an important measure of options skew. It can show the premium of OTM options (particularly...
This is an educational tool that can help you find direct or inverse relations between two assets. In this case I am using VIX and SPX . The way it works is the next one : So I am looking at the current open value of VIX in comparison with the previous close ( if it either above or below) and after on the SPX I am looking into the history and see for example...
This indicator is used to automatically map an ETF's VWAP and 10 levels above and below the strike of your choice, to the futures or index instrument currently being viewed/traded. This works very well when using both SPY to ES/MES/SPX or QQQ to NQ/MNQ/NDX to plot the ETF strikes and can lead to some incredible trades, especially when trading level to level. ...
This indicator is used to automatically map SPY VWAP and 10 levels of your choice to ES / MES or map QQQ VWAP and 10 levels of your choice to NQ / MNQ . Since SPY and QQQ have the same price action as their futures iteration, there seems to a direct correlation between their levels and VWAP. This indicator is made to easily map the key levels of your...
This Implied range Is derived by the VIX(1 sd annual +/- Implied move.) This Indicator plots the daily Implied range, A lot of quantitative trading firms/ MM firms hedge their delta & gamma exposure around the Implied range(prop calc). I have added retracement levels as well, so you have more pivot levels. Enjoy!
Effortless Scalping is an indicator that primarily is used for stock options trading. Effortless Scalping is based off of momentum. Our script takes into account the price action, volume, and historical data points of a stock to give potential "buy" and "sell" areas. Effortless Scalping is a protected script because its Buy and Sell signals are based off of...
SPY Targets to ES is an indicator that draws lines on an ES / MES futures chart based of price targets given for SPY. This is useful if given support/resistance levels or price targets for SPY and you like to see the converted value to ES / MES This indicator also converts VWAP from SPY and adds it to the ES / MES chart. Note that conversion is happening on...
Original credits goes to @ElDoggo22 www.tradingview.com I looked in the post created by him, of USD liquidity and I have noticed that if you are going to apply a percentile top and bottom to it, can become an interesting swing strategy for US Stocks. So in this case I decided to create a 99th percentile for top and 4th percentile for bot with a big length,...
Balance of Power Heikin Ashi Investing Strategy This is a swing strategy designed for investment help. Its made around the Balace of Power indicator, but has been adapted on using the Monthly Heikin Ashi candle from the SPY asset in order to be used with correlation for US Stock/ETF/Index Markets. The BOP acts as an oscilallator showing the power of a bull...
This is daytrade stock strategy, designed to take the best out of the daily gaps that are forming between the close of previous day and opening of present day. At the same time its logic has been adapted for SPY chart, in order to use correlation with the other stocks/assets/ etf which are linked with SP500 movement. Lastly it has been added 2 new confirmation...
MUNICH'S MOMENTUM WAVE: This momentum tracker has features sampled from Madrid's moving average ribbon but has differentiated many values, parameters, and usage of integers. It is derived using momentum and then creates moving averages and mean lengths to help support the strength of a move in price action, and also has the key mean length that helps determine...
Background: It is well known that the indices such as SPY and QQQ follow/represent market sentiment. The TICK index literally represents the market sentiment as it compares the number of stocks that are rising and falling on the NYSE. By default, the TICK index is a short term indicator. Therefore it isn't reliable for swing trading or long term strategies....
Objective is to find forward looking indicators to find good entries into major index's. In similar vein to my Combo Z Score script I have implemented one looking at oil and oil volatility. Interestingly the script out performs WITHOUT applying the EMA in longer timeframes but under performs in shorter timeframes, for example 2007 vs 2019. Likely due to the...
This is a long timeframe script designed to benefit from the correlation with the Percentage of stocks Above 200 moving average from SPX At the same time with this percentage we are creating a weighted moving average to smooth its accuracy. The rules are simple : If the moving average is increasing its a long signal/short exit If the moving average is decreased...
SPY to ES is an indicator that converts SPY price targets to ES / MES futures price targets. This indicator is helpful when you have price targets for SPY but trade ES or MES futures instead of SPY. It coverts the SPY price targets to ES / MES futures, and draws the SPY VWAP line on your ES / MES chart. It supports the following lines Bullish Above Bearish...
This is a 1 trade per day strategy for trading SPY or QQQ index. By default, this is designed for 1 min time frame. This was an experimental script that seems to be profitable at the time of publication. How it works: Pre-market high and low is defined per trading day between 9:00 to 9:30 EST. Then we looking for the first breakout on either PM high or PM...
SPY VWAP adds the VWAP indicator for SPY on your current chart, and shows the current SPY VWAP level converted to ES / MES value. It uses the last close price of SPY and ES / MES to calculate the level. By adding the regular VWAP indicator to your MES / ES chart, you will clearly see the difference between the VWAP of SPY and the futures chart. This is helpful...
Another variant of the VOLA Model Range. To use this script which focusses on vol on the given equity/commodity/price pair its focussed on at its core methodology. We use ES1 here as an example on how this indicator can be used. Note the red lines indicate where buy signals occurred an example listed below. Note the best timeframes to use this indicator include...