OPEN-SOURCE SCRIPT
Volatility barometer
It is the indicator that analyzes the behaviour of VIX against CBOE volaility indices (VIX3M, VIX6M and VIX1Y) and VIX futures (next contract to the front one - VX!2). Because VIX is a derivate of SPX, the indicator shall be used on the SPX chart (or equivalent like SPY).
When the readings get above 90 / below 10, it means the market is overbought / oversold in terms of implied volatility. However, it does not mean it will reverse - if the price go higher along with the indicator readings then everything is fine. There is an alarming situation when the SPX is diverging - e.g. the price go higher, the readings lower. It means the SPX does not play in the same team as IVOL anymore and might reverse.
You can use it in conjunction with other implied volatility indicators for stronger signals: the Correlation overlay (
- the indicator that measures the correlation between VVIX and VIX) and VVIX/VIX ratio (it generates a signal the ratio makes 50wk high).
When the readings get above 90 / below 10, it means the market is overbought / oversold in terms of implied volatility. However, it does not mean it will reverse - if the price go higher along with the indicator readings then everything is fine. There is an alarming situation when the SPX is diverging - e.g. the price go higher, the readings lower. It means the SPX does not play in the same team as IVOL anymore and might reverse.
You can use it in conjunction with other implied volatility indicators for stronger signals: the Correlation overlay (
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?
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.