Impl Volty- All Opts (Indicator)
Input Information
Name | Expression | Default | Description |
AvgLength | Numeric | 20 | Number of bars used to calculate moving average. |
HiAlert | Numeric | 0 | High alert value for IVolatility. For example, to be alerted when IVolatility exceeds 25 percent, enter 0.25. |
LoAlert | Numeric | 0 | Low alert value for IVolatility. For example, to be alerted when IVolatility goes below 15 percent, enter 0.15. |
Market Synopsis
Plots the overall average weighted and non-weighted implied volatility values for all options trading for the underlying asset in the chart. This data is available for any optionable asset, and is calculated at the end of each day for the next day.
Plot Information
Number | Name | Default Color | Description |
Plot1 | IV All | Cyan | Plots the value returned by the server field IVolatility |
Plot1 | IV Avg | Red | Plots the moving average value of IVolatility |
When applied to a chart, this indicator displays two plots in a separate subgraph from the price data.