OPEN-SOURCE SCRIPT

VIX Oscillator

업데이트됨
This is my VIX Oscillator indicator.


About it:

This indicator takes the Z-Score of the VIX and of the current ticker you are on and presents them in the format of an oscillator.

Key parts of the indicator:

스냅샷

A diagram of the key elements of the indicator are displayed above.

Purple Line: Represents the Z-Score of the current Ticker.
Blue Line: Represents the Z-Score of the VIX
Green fill line: Represents bullish divergence
Red fill line: Represents bearish divergence

How to use it:

Characteristics for long entries:

스냅샷

- Look for recent bullish divergence (green fill line)
- Look for the ticker line (purple line) to be holding above 0 (neutrality)
- look for a bullish cross (purple line (ticker) crossing over blue line (VIX))

Characteristics for short entries:

스냅샷

- Look for recent Bearish divergence
- Look for the VIX line (blue line) to be holding above 0 and the Ticker
- Look for the ticker line to be holding below 0
- Look for a bearish cross (blue crossing above purple)


Some principles:

The bands represent oversold, overbought and neutral.

0 is absolute neutrality. No bias here.

Anything towards + 2.5 is considered normal, moving towards overbought (2.5 or higher).

Anything towards -2.5 is considered normal, moving towards oversold (-2.5 or lower).

+2.5 or higher is overbought.
-2.5 or lower is oversold.


As always, I have prepared a quick tutorial video for your reference of this indicator:



Please let me know your questions, comments or suggestions about this indicator below.

Thank you for checking it out!



릴리즈 노트
Quick update so that the indicator defaults to the chart. I know this caused some confusion.

Also defaults to the 75 timeframe.

The 2 timeframes I use for intra-day trading is 14 and 75. I find the 75 less "noisy".

The timeframe I use for large analysis (1 hour and Daily) tends to be the 14.

Experiment as you like :-).
릴리즈 노트
Cleaned up coding. No functional change.
릴리즈 노트
Updated based on user feedback.

Now permits setting alert conditions for Bearish and Bullish instances.

Bullish = VIX is overbought (Z-Score >= 2.5) and Ticker is oversold (Z-Score <= -2.5)
Bearish = VIX is oversold (Z-Score >= -2.5) and Ticker is overbought (Z-Score <= 2.5)

Cleaned up the coding as well.
Oscillatorsstatistics

오픈 소스 스크립트

진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.

차트에 이 스크립트를 사용하시겠습니까?


For real-time updates and premium indicators, consider joining my group at: patreon.com/steversteves
또한 다음에서도:

면책사항