This custom study measures the spread between Implied Volatility and Historical Volatility.
HVolPeriod: Historical Volatility Period is used for calculating the Historical Volatility.
HVolAnnFctr: Historical Volatility Annualization is used for calculating the MA.
Formula of curve:
MIVClose(@) - HVOL(@,Percent,HVolPeriod,HVolAnnFctr)
Setup parameters:
•Display
•OB/OS