Simple VIX Monitor to track spikes.
Spikes in VIX are often followed by big moves up in stocks.
Useful when paired with "Correlation & Beta" Indicator.
For Bitcoin Traders: when Bitcoin is highly correlated to Stocks (such as now) it could be a good opportunity for a short-term long trade.
This indicator will:
signal a GREEN triangle if a candle opens below the EMA and closes above the EMA
signal a RED triangle if the candle opens above the EMA and closes below the EMA
First identify the trend (stick to one timeframe, I use 4h)
If in an UP trend, then go LONG on GREEN triangles, do not trade red triangles as that would be a...
Shows the daily Kijun on all timeframes using a period of 50, which makes it into a dynamic 50% fib of sorts, especially when it's flat. Also shows Kijun bounces labeled with Ks, and allows you to set alerts for bullish, bearish or bi-directional bounces.
It doesn't show any of the other Ichimoku components.