PROTECTED SOURCE SCRIPT
GSR Bands
GSR Bands is an indicator designed to analyze the dynamics of an implied volatility index based on opening gaps. The model builds an accumulated series of gaps and generates additional offset bands derived from Fibonacci numbers and prime numbers (+10, +20, +30, +50, +70, +80, +110, +125).
The result is a set of cumulative gap curves that help visualize relevant zones in the evolution of the volatility index (potential areas of maximum volatility). Users can customize the offset values displayed on the chart, making it easier to explore different analytical scenarios.
The indicator can be applied to volatility indices such as VIX or VDAX-NEWS, and may serve as a complementary tool when studying the relationship between implied volatility and equity markets.
Note: This indicator does not constitute an investment recommendation. It is intended solely as a technical analysis tool.
The result is a set of cumulative gap curves that help visualize relevant zones in the evolution of the volatility index (potential areas of maximum volatility). Users can customize the offset values displayed on the chart, making it easier to explore different analytical scenarios.
The indicator can be applied to volatility indices such as VIX or VDAX-NEWS, and may serve as a complementary tool when studying the relationship between implied volatility and equity markets.
Note: This indicator does not constitute an investment recommendation. It is intended solely as a technical analysis tool.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.