This script calculates spikes Vix tops and bottoms. The Vix Market Bottom is calculated using CM_Williams_Vix_Fix Finds Market Bottoms (Chris Moody). The Vix Market Top is calculated as the inverse of CM Williams’ formula. The highest Vix Bottom and the highest Vix Top are averaged (over the Highest Vix Lookback period). Buys are signaled when the Vix Bottom...
"All stocks in the market have unique personalities in terms of implied volatility (their option prices). For example, one stock might have an implied volatility of 30%, while another has an implied volatility of 50%. Even more, the 30% IV stock might usually trade with 20% IV, in which case 30% is high. On the other hand, the 50% IV stock might usually trade with...
This script plots the correlation for two symbols as an oscillator: A correlation of 1 means that both values move in the same direction together. A correlation of -1 means that both values are perfectly negative correlated. Parameter: Length of the Correlation The two symbols you want to calculate the correlation for Barcolor: Defines whether Bar-coloring is set...
The Volatility Trade Indicator signals bullish / bearish trend based on the volatility of the underlying asset. During bull markets, volatility is typically low and price moves occur slowly and steadily. During bear markets, volatility is typically high and price movement is much more volatile in both directions. The Volatility Trade Indicator measures the...
This is a long only strategy. This strategy measures and creates a signal when an asset is moving out of a correlation with CBOE VIX into an inverse correlation. It also has a risk management with TP/SL based on percentages. If you have any questions let me know.
This script allows users to visualize the state of the VIX Futures Term Structure. The user is able to select from five CBOE VIX Indices; VIX, VIX9D, VIX3M, VIX6M, and VIX1Y and the script will color the candles based on the price relationship between selected indices. Visit the CBOE website for more info on how the various VIX indices are calculated.
This strategy measures and creates a signal when an asset is moving out of a correlation with high yield bonds or the CBOE VIX into an inverse correlation, as well as when an asset is losing correlation with a top corporate bonds ETF. When this signal is triggered, the simulation has the portfolio asset go long. Additionally, exits are based on a 2% stop loss...
Sweet little momentum gadget to track the VIX Index. What is the VIX? The CBOE S&P 500 Volatility Index (VIX) is known as the 'Fear Index' which can measure how worried traders are that the S&P 500 might suddenly drop within the next 30 days. When the VIX starts moving higher, it is telling you that traders are getting nervous. When the VIX starts moving lower,...
Indicator tracks the 10 day correlation with VIX. I prefer to use this with SPY. Can be a great way to flag tops/melt-ups. Default settings are set to when the correlation is above 0.2, bars turn red, but you can change this.
Hello BEST traders The BEST Trade Manager got upgraded with many more features This version allows setting automatically the TP levels on either Daily/Weekly/Monthly Fibonacci/Traditional/Camarilla/Woodie pivots and Daily/Weekly/Monthly/Intraday Moving Averages I. 💎 SCRIPTS ACCESS 💎 1. Available only with one-time payment on my website. 2. My website URL is...
-added a medium and long term rsiEMA, in addition to the previous short term, except this time there's a visual crossover :) -added CM Williams vix fix -and finally just a general visual overhaul!
1) The script takes current INDIA VIX as input Daily time frame for NIFTY 2) Used a Formula VIX Value / Square root of Time Period 3) Change Timeframe input accordingly 1 Year = 1, Monthly = 12, Weekly = 52, Daily = 365 4) based point 2 formula with 1 standard deviation it creates upper & lower range bands 5) This is generally used for option selling by big...
This script simply calculates and plots the VIX 3 month versus 1 month ratio. Values below 1 indicate a strong panic situation in the market (1 month volatility is higher than the 3 month volatiliy). This might be a good opportunity to sell options.
Psychology of a Market Cycle - Where are we in the cycle? Before proceeding with the question "where", let's first have a quick look at "What is market psychology?" Market psychology is the idea that the movements of a market reflect the emotional state of its participants. It is one of the main topics of behavioral economics - an interdisciplinary field...
VI with SMA to determine the trend is solid. VI+ cross over VI- with price over 20 SMA to confirm the trend. Also, you can see the enhanced trend: VI+ with the Letter H, with new high in the observe period. VI- with the Letter L, with new high in the observe period. Coding based on the original Vortex Indicator.
This indicator helps to see the volatility index (VIX) trendline in all stock charts without opening the VIX chart explicitly. Hope this helps many of you to be more efficient in your chart analysis - have fun!
Very basic strategy that goes long on a VIX ETF whenever the futures curve shows signs of backwardation and gets out when it shows signs of contango. Makes no effort whatsoever to avoid getting faked out by monthly futures rollover. Surprisingly good at not incinerating money while still providing diversification benefits in a long SPY portfolio. Useful for...
This script simply creates a combo of some indicators I have found to be useful to visualize together. Its fairly simple to use... buy the red and sell the green. The red and green 'zones' are VI indicator plus and minus using color to identify instead of plotting the lines and creating more mess for us. The blue line is our BB B%... and the solid lines are the...