PROTECTED SOURCE SCRIPT
NQ and ES Expected Range by ion1eon

Description:
This indicator provides persistent expected range levels for both E-mini S&P 500 (ES) and E-mini Nasdaq 100 (NQ) based on their respective volatility indices (VIX for ES, VXN for NQ). Designed for traders who want a clear, customizable view of potential daily price movement, it calculates expected high, low, and mid levels and plots them as horizontal rays on the chart.
Key Features:
Dual Market Support: Displays separate expected ranges for ES and NQ.
Volatility-Based Calculation: Uses current VIX (for ES) and VXN (for NQ) to compute expected daily moves.
Persistent Rays: Daily mid, high, and low levels remain visible and extend as the session progresses.
Customizable Appearance:
Adjust line colors, width, and text styles.
Configure text alignment and size for clarity.
Historical Levels: Optionally shows expected ranges for previous days (up to 10 days).
Clean & Separated: ES levels are never mixed with NQ levels, ensuring clarity even on combined charts.
RTH Triggered: Levels are set at 09:30 EST, the official regular trading session open.
DM ion1eon on discord to request a feature or report a bug
This indicator provides persistent expected range levels for both E-mini S&P 500 (ES) and E-mini Nasdaq 100 (NQ) based on their respective volatility indices (VIX for ES, VXN for NQ). Designed for traders who want a clear, customizable view of potential daily price movement, it calculates expected high, low, and mid levels and plots them as horizontal rays on the chart.
Key Features:
Dual Market Support: Displays separate expected ranges for ES and NQ.
Volatility-Based Calculation: Uses current VIX (for ES) and VXN (for NQ) to compute expected daily moves.
Persistent Rays: Daily mid, high, and low levels remain visible and extend as the session progresses.
Customizable Appearance:
Adjust line colors, width, and text styles.
Configure text alignment and size for clarity.
Historical Levels: Optionally shows expected ranges for previous days (up to 10 days).
Clean & Separated: ES levels are never mixed with NQ levels, ensuring clarity even on combined charts.
RTH Triggered: Levels are set at 09:30 EST, the official regular trading session open.
DM ion1eon on discord to request a feature or report a bug
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script protegido
Este script se publica como código cerrado. No obstante, puede utilizarlo libremente y sin ninguna limitación. Obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.