OPEN-SOURCE SCRIPT

Daily Deviations (Self Input Version)


Plots the standard deviation resistance/support levels.


Input the previous settlement price and the implied volatility.


credit to u/UberBotMan and u/Living_Granger for the idea and formulas


(preview example is using settlement of 2420 and IV of 11)
levelsLINEpivotretracementStandard Deviation

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer