[IMG]
[/IMG]Got this indicator from Tastytrade.com. (Screenshot attached)

It computes and displays IV Rank (Percentile), Implied Volatility, and Daily, Weekly, and Monthly Stand Deviations. It plots Implied Volatility. I like the indicator, but the computations are only displayed for the current day (the day on the far right of the chart).

Is there a way to display the computations dynamically (change as you move the mouse from day to day).

Can we/should we plot IV Rank (Percentile) along with Implied Volatility?

Thanks,

Don

 

Code

declare lower; declare hide_on_intraday; #IVPercentile def vol = imp_volatility(); input DisplayIVPercentile = yes; input DisplayImpVolatility= yes; input DisplayDaily1StandardDev = yes; input DisplayWeekly1StandardDev = yes; input DisplayMonthly1StandardDev = yes; input TimePeriod = 252; def data = if !isNaN(vol) then vol else vol[-1]; def hi = highest(data, TimePeriod); def lo = lowest(data, TimePeriod); plot Percentile = (data - lo) / (hi - lo) * 100; def lowend = Percentile < 25; def highend = Percentile > 50; #Labels addlabel(DisplayIVPercentile , concat("IV Rank: ",aspercent(Percentile /100)), if lowend then color.red else if highend then color.green else color.black); addlabel(DisplayImpVolatility, concat("ImpVolatility: ",aspercent(vol)), if lowend then color.red else if highend then color.green else color.black); def ImpPts = (vol / Sqrt(252)) * close; AddLabel(DisplayDaily1StandardDev , Concat("Daily 1 SD +/- $", Astext( ImpPts, NumberFormat.TWO_DECIMAL_PLACES)), if lowend then color.red else if highend then color.green else color.black); ; def ImpPts2 = (vol / Sqrt(52)) * close; AddLabel(DisplayWeekly1StandardDev, Concat("Weekly 1 SD +/- $", Astext( ImpPts2, NumberFormat.TWO_DECIMAL_PLACES)), if lowend then color.red else if highend then color.green else color.black); ; def ImpPts3 = (vol / Sqrt(12)) * close; AddLabel(DisplayMonthly1StandardDev, Concat("Monthly 1 SD +/- $", Astext( ImpPts3, NumberFormat.TWO_DECIMAL_PLACES)), if lowend then color.red else if highend then color.green else color.black); ; plot LowVol = 25; plot HighVol = 50; LowVol.SetDefaultColor(GetColor(5)); HighVol.SetDefaultColor(GetColor(6));

Only way I can think of for showing the info with the cursor is plotting the SD lines.