jjfrost

VIX INDICATOR

Works best as an intraday indicator
Background black & line green = Long VIX
Background black & red line = No trade
Background orange & line green = Consider selling
Background orange & line red = Short VIX
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

Kommentare

Hi, great indicator! Could i use this for forex? if sho which pairs? thanks !!!
+10 Antworten
Thank you for sharing this. Could you describe how it works (that is, in general, non-algo, terms)? Also, is this chart something that you, yourself, trade, and, if so, how have your results been?

Alex
+6 Antworten
jjfrost Algyros
@Algyros, Algo's multiply as many trends as possible. This makes a random trend (signal) more stable and easier to evaluate. (Example - S&P (500 stocks) is a more steady trend and easier to analyze vs. DJIA (30 stocks)). Physicists (Mathematicians) refer to this as “Convolution”, Statisticians refer to it as “Monte Carlo”, and Engineers refer to it as “Modulation” or a “Control System". Multiplying trends is key to modeling any system such as the stock market or the volatility of the S&P. It’s also the foundation for artificial intelligence.

Simply put, multiple trends that typically correlate in the same direction and this typically works. Example, FANG stocks typically trend together. Multiply these trends and evaluate the trend to truly see the trend.
+1 Antworten
jjfrost jjfrost
@jjfrost, One last and very important point, a log chart is necessary when evaluating trends that are multiplied.
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I'm observing undesirable effects (at least for me). I always have the VI on the 10 minute chart, expanded. I have found it very helpful, but its bit me hard a few times and I'm now able to describe what is happening.
Trading the SPY, looking for a short set-up, I use the VI as one of a few tools. VI starts jamming up and I think that's a nice indication of a short opportunity. Get in short and trades going bad, but VI is jamming up. switch chart that VI indicator is on to 5m and then back to 10m, and now its a different image, VI going down and has been for a few minutes.
I'm hoping I can get some insight to save me time, but it appears that the indicator does continuous summing as day goes goes on and a refresh seems to clean it up. Seems to need time to build up.
I have screen shots and video of issue should anyone be interested.
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Thank you.
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Essentially it multiples various VIX products (different term structures) associated with the volatility of the the S&P (VIXMO, VIX3M, VXST) and VIX (VVIX). These symbols can be changed (such as using VXO or VIX futures). 9 and 21 EMA are used to signal buy, sell, and caution.
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