Impl Volty - Stoch (Indicator)Analysis Techniques & Strategies
Impl Volty - Stoch (Indicator)| Name | Expression | Default | Description |
| HiPercent | Numeric | 80 | High reference value used to plot a high reference line in a chart and to set the high plot color for a chart line or cell background. |
| LoPercent | Numeric | 20 | Low reference value used to plot a low reference line in a chart and to set the high plot color for a chart line or cell background. |
| UpColor | Numeric | Yellow | Color to use for indicator values that are relatively high over ColorNormLength bars. Set to -1 to disable gradient color plotting. |
| DnColor | Numeric | Red | Color to use for indicator values that are relatively low over ColorNormLength bars. Set to -1 to disable gradient color plotting. |
| GridForegroundColor | Numeric | Black | Color to use for numbers in RadarScreen cells when gradient coloring is enabled, that is, when both UpColor and DnColor are set to non-negative values. |
The Implied Volatility Stochastic oscillator is an options-related indicator that plots the current implied volatility level as a percentage of its 52-week range. The calculation is similar to that of a 52 week stochastic, however, this indicator tests the implied volatility values and not the price values used with the EasyLanguage Stochastic function.
| Number | Name | Default Color | Description |
| Plot1 | CurrIVPct | Yellow/Red | Plots the oscillator value. |
| Plot2 | Hi Pct | Dark Green | Plots the high percentage reference line. |
| Plot3 | GridHiPct | Dark Green | Plots the low percentage reference line. |
When applied to a chart, this indicator displays three plots in a separate subgraph from the price data.
Set either UpColor and/or DnColor to -1 to disable gradient plot coloring. When disabled, Plot1 color is determined by settings in indicator properties dialog box. Plot2 (ZeroLine) color always comes from indicator properties dialog box.
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