Real VIX

2023년 4월 28일

Real VIX is showing us what we can expect from the volatility index. When Real VIX is falling, that means that market volatility will fall and there will be good uptrend.
When Real VIX is rising, that means that volatility will rise, and you can expect huge market movements

This code calculates the "Real VIX" indicator, which is a measure of market volatility. It uses data from various sources, including the High Yield Corporate Bond Index (HYG), the US Dollar Index (DXY), and various US Treasury bond yields, as well as the USDCAD currency pair.

The formula for Real VIX is complex, but it essentially calculates the difference between the current value of the VIX (a commonly used measure of market volatility) and a smoothed version of the VIX. This difference is then plotted on a chart, with green indicating that the market is less volatile than the smoothed version of the VIX suggests, and red indicating that the market is more volatile than expected.

The code also includes a warning for when the Real VIX falls below zero, which suggests that a recession may be on the horizon.