Expected Move Cone [AGPro Series]
$149.00
Expected Move Cone projects a forward volatility cone from the current bar. Using the symbol’s realized volatility, it draws inner and outer envelopes that expand over the next N bars, bringing the option-trader concept of an expected move to spot and crypto charts where it is rarely available.
Lifetime Access only. Manual activation for one TradingView username after verified payment.
- One focused workflow
- Lifetime Access · one-time
- Manual TradingView activation
What becomes easier to evaluate when Expected Move Cone organizes the chart?
What becomes easier to evaluate when Expected Move Cone organizes the chart? Expected Move Cone turns that question into a repeatable TradingView review process.
![Expected Move Cone [AGPro Series]](https://www.agprolabs.com/wp-content/uploads/2026/08/agprolabs_expected_move_cone_product_web-600x600.png)
Understand the workflow before you activate it.
Purpose, methodology, chart language, operating conditions, controls and limitations are presented below so you can evaluate fit before purchase.
System, Purpose & Difference What the workflow exists to solve, what it produces and why its design differs from generic signal tools.
Core Idea
This market — how far can it realistically travel in the next N bars, and is your target inside that range or a fantasy?What This Workflow Does
Expected Move Cone projects a forward volatility cone from the current bar. Using the symbol's realized volatility, it draws a 1σ and 2σ envelope that fans out over the next N bars — the probabilistic price range the market is statistically likely to stay inside. It brings the option-trader concept of an "expected move" to spot and crypto charts, where it is rarely available.On top of the cone, the script runs a decision engine. It reads where price currently sits inside its recent range (stretched-high, mid, or stretched-low), scores whether your chosen target distance fits within the expected move (a 0–100 Move Realism score), and prints a clear verdict and next action in a compact panel.Purpose & Design Philosophy
Most charts are full of tools that find setups but say nothing about how far price can realistically go. Traders set targets by drawing a line where they "want" price to reach, with no reference to the symbol's actual volatility. The result is targets that look reasonable but sit two or three standard deviations away — statistically unlikely within the planned horizon.Why It Is Different
Most volatility tools look backward or sit static on the current bar — regression channels, percentile bands, mean-reversion corridors. They describe where price has been.This script does NOT draw a backward channel and does NOT claim to know direction.Instead, it projects forward. It scales per-bar volatility by the square root of the horizon to build a true expanding cone, then measures your target against it. The combination of a forward standard-deviation cone, a log-normal envelope that never produces negative prices, and an on-chart target-realism read is what sets it apart from the typical band or channel indicator.Methodology & Chart Language How context is processed and how zones, labels, colors, panels and visual states should be read.
Methodology
1. Volatility Estimation Per-bar volatility is measured either as the standard deviation of log returns (classic expected-move math) or as ATR as a percentage of price.2. Cone Projection For each step k from 1 to N, the band half-width scales as σ × √k. Levels are projected log-normally (close × e^±σ√k), so the upper and lower boundaries expand smoothly and the lower band always stays above zero.3. Location Read Price's position inside its recent high–low range is classified as stretched-high, mid, or stretched-low to provide fade-vs-trend context.4. Target Realism Your target distance (a multiple of ATR) is converted to return space and compared against the horizon sigma, producing a 0–100 score and a verdict.How to Read the Chart
- Cone (shaded envelope) = the realistic price range for the next N bars. Inner band ≈ 1σ, outer band ≈ 2σ. • Sigma badges (+1σ / +2σ / −1σ / −2σ) = the exact price levels of the cone edges at the horizon. • TARGET tag = your target distance, expressed in sigmas. If it sits inside the cone, it is realistic; if it floats above the 2σ edge, it is a stretch. • Location tag (◆) = where price sits now: stretched-high, mid, or stretched-low. • Panel = the full decision: realized volatility, expected 1σ / 2σ ranges.
Signals, States & Alerts What each visible state represents and when an alert marks a condition that deserves attention.
Signals & States
- Within 1σ → target sits inside the typical move — realistic.
- Within 2σ → target sits inside the expected move — reachable.
- Beyond 2σ → target is a statistical stretch for the horizon.
- Stretched-high / Stretched-low → price at a range edge — fade context.
- Mid → price mid-range — trend / continuation context.
Best Conditions & When to Step Back Where the workflow is most useful, which conditions weaken interpretation and how context changes the reading.
When to Use
- Planning a target and wanting to know if it fits the symbol's volatility.
- Sizing expectations on the timeframe you actually trade — intraday to daily is where the cone is most actionable.
- Reading whether price is stretched (fade) or mid-range (continuation) before committing.
When Not to Use
- In illiquid symbols where volatility estimates are unstable.
- Immediately around scheduled high-impact events, where realized volatility can jump far beyond the recent sample.
- On very high timeframes (monthly), where the compounded expected move becomes extremely wide and less practical for planning.
Controls, Interface & Practical Workflow The main inputs, visual controls and a repeatable sequence for using the workflow without losing chart clarity.
Key Inputs
- Volatility method → log returns or ATR %.
- Volatility length → how reactive the estimate is.
- Forward horizon (N) → how many bars the cone projects.
- Inner / Outer band (σ ×) → the 1σ and 2σ multipliers.
- Your target (ATR ×) → the target distance tested for realism.
- Location lookback → the range used for the stretched / mid read.
- Visual and panel settings → theme, position, font size, and element toggles.
Boundaries, Limitations & Risk What the workflow does not do, where its outputs can weaken and the risk boundaries every buyer should understand.
What This Workflow Is Not
- Not a prediction engine — it does not know future direction.
- Not financial advice.
- Not an automated trading system.
- Not a source of guaranteed signals.
Limitations & Transparency
Volatility is estimated from a trailing sample, so the cone reflects recent conditions and will lag sudden regime changes. Different timeframes produce different cone widths, and on very high timeframes the cone can become extremely wide — a correct but less practical reflection of long-horizon volatility. The example below shows this honestly on the monthly chart.Risk Disclosure
Trading involves substantial risk. This script is an analytical and visualization tool for educational purposes only. It does not provide financial advice or guaranteed results. All trading decisions, and their consequences, remain entirely your own responsibility.Lifetime Access & Delivery The access term, payment-to-activation sequence and the TradingView username required for manual delivery.
Lifetime Access & Delivery
- One-time Lifetime Access: this product has no recurring subscription.
- One TradingView username: submit the exact username during checkout.
- Manual activation: invite-only access is enabled after payment confirmation.
Clear access. Clear purpose. No signal-shop promises.
Expected Move Cone is delivered as a TradingView Pine Script workflow for structured analysis and chart review. Access is activated manually for the TradingView username submitted at checkout.
- TradingView accessInvite-only access is enabled after payment confirmation.
- Analysis workflowDesigned for context, structure, risk review and visual discipline.
- Not auto-tradingNo broker connection, no account management and no guaranteed outcome.
Product FAQ
Is this a TradingView Pine Script workflow?
Yes. This product is an invite-only AGPro Series workflow for use inside TradingView.
Does it trade automatically?
No. AGProLabs workflows are analytical tools. They do not connect to brokers, place trades or guarantee outcomes.
How is access activated?
Access is activated manually for the TradingView username submitted during checkout after payment confirmation.
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