[TradingView Indicator] VIX-Implied Trading Range

Update: Added more vol indices: MOVE(Bonds), SPIKE(SPY), and OVX (Oil).

The indicator calculates and plots the trading range implied by the previous day's VIX (or other vol index close) and previous day's asset close. You can choose from different vol indices, use any asset in the chart and choose how many standard deviations to plot. Here are some screenshots.

Gold is 2 standard deviations above the GVZ-implied upper bound.

QQQ firmly in the range implied by VXN.

SPY hugging the upper bound implied by the VIX.

The Russell 2000 is 4 standard deviations above the RVX implied range! Reversal today?

The link to the indicator is beyond the paywall.

I published it as a private indicator that you can download via the following link:

Haven’t shared a private indicator like this before. Let me know if you aren’t able to add it to your tradingview.

Brian