INVITE-ONLY SCRIPT
Updated

VolatilityCone by ImpliedVolatility Pro

35
VolatilityCone by ImpliedVolatility Pro

This indicator plots a volatility cone based on implied volatility, projecting statistically expected price ranges forward from a user-defined start date.
The cone visualizes the mean path and standard deviation bands, allowing traders to assess whether price is trading within normal volatility expectations.

Key features:

Volatility cone derived from implied volatility
Optional IV source via external symbol (e.g. VIX)
Multiple standard deviation levels and mean projection
Z-score calculation showing the current price’s position within the cone

Useful for volatility context, risk assessment, and mean-reversion analysis
Release Notes
+ added datasource input

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.