ES-VIX Expected Daily Move

This indicator calculates the expected daily price movement for ES futures based on current volatility levels as measured by the VIX (CBOE Volatility Index).
Formula:
Expected Daily Move = (ES Price × VIX Price) / √252 / 100
The calculation converts the annualized VIX volatility into an expected daily move by dividing by the square root of 252 (the approximate number of trading days per year).
Features:

Real-time calculation using current ES futures price and VIX level
Histogram visualization in a separate pane for easy trend analysis
Information table displaying:

Current ES futures price
Current VIX level
Expected daily move in points
Expected daily move as a percentage