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Vixfix

HOW-TO use Larry Williams VIXFIX to identify trendLarry Williams, had this idea to create a synthetic VIX for more than just the main stock indices. Check out the formula for Williams VixFix: ``` VIX Fix Formula = (Highest(Close, 22) – Low) / (Highest(Close, 22)) * 100 ``` What does this even mean? In normal person terms, here's what it's all about: 1. Find the highest close over the last 22 days and subtract today's low (or the current bar). 2. Divide that by the highest close of the past 22 days. 3. Multiply the result by 100 to "normalize" the indicator. Why 22 days, you ask? That's how long the normal month of trading days is. So, you see, the formula is pretty chill. It's just a way to measure the price volatility of the last 22 trading days. It's a bit of a lagging indicator, but it gets the job done. Here my version of this scriptcreates a custom technical indicator called "L1 Larry Williams VixFix" that measures the distance between the highest high and the lowest low of a security's price over a specified period. The user can adjust the period length and source price used in the VixFix calculation. The period length is set to 22 by default, but can be modified by the user with the "Length" input parameter. The source price is set to "close" by default, meaning it will use the closing price of each bar to calculate the VixFix. However, the user can also choose a different type of price data, such as open, high, or low. The VixFix is calculated as a percentage of the difference between the highest close and the lowest low over the specified period. This percentage is then multiplied by 100 to create a more readable value. Finally, the code plots the VixFix line on the chart with a yellow color and a thickness of 2. This allows the user to easily visualize the VixFix value and incorporate it into their trading decisions. Overall, this script provides a powerful tool for technical analysis that can help traders identify potential trend changes and market reversals.
by blackcat1402
CRASH SIGNAL the ABC rally has ended or 1 lastThe chart posted is the qqq but sp 500 the same I had the alt target to peak at 381.6 so far 381.1 we could pop but for trading puts not an issue I have move to 85 % net long PUTS a CRASH is about to start min downside is 345/336 sp should see min 4310 /4230 on this drop the vix will see a move well above the last high even the min alt is 19.88 and TNX hit the target of 40.66 rates to soar the DXY is on its way to 105.1 to 106.3 Best of trades WAVETIMER
NASDAQ:QQQ
by wavetimer
my scripsi have made or altered the showing scrips. TDI on top with minor and major shark fin alerts EMA cross and altered mid line cross alert. mid has two verry modified scrips First is Two BB 200 and 30 EMA or SMA with alerts and channels and KC channel pull backs crosses and exits for varying uses and William's vix fix highlights and 5 ema's engulfing candle with rsi filter and super trend some are not show or turned off but are available Second is SMC intraday and swing trading liquidly zone FVG MTF Daily weekly and monthly high and lows and support and resistance and trend lines breaks and alerts Bottom is stochastic momentum lots of level alerts and cross alerts and high lights if you want any of this pack just IM and ask i can also extract any part and make a isolated script version for you also have a MTF KJD and PSAR Oscillator
by phelpscorey85
Long Volatility into AugustBy now you all know the drill. Let's start with an initial framework, assess the current environment, and evaluate all below questions. are we trending or ranging? - a series of higher highs, higher lows - sellers structure is broken, we are tracking whether buyers will protect or find it difficult to hold discount? - we are tracking the lows for the previous wave block - Support 20, Pivot 25, Resistance 38 managing trade? - Trading and assess based on quarters, 00, 25, 50, 75 - Market participation in form of current strength/weakness, when market is weak we are sellers and when strong we are buyers This position, technically speaking, is very similar to the swing we traded in 2020. Buyers have developed a structure of higher highs, and higher lows, and desire their chance to go over to a direct attack on the highs. In this case the result is not certain; but since attacking in this fashion is characteristic of a volatility event. There are two lines, assuming the 20 support holds. In the first case, as well we need to track 25, the combinatory breakout of 25 will allow buyers to continue their summer dance with a romantic hue, unlocking 38 for August.
TVC:VIXLong
by ridethepig
5
VIX - LongWe continue to be bearish on the general stock market and, therefore, bullish on the VIX. Accordingly, we stick to our short-term price target of 30 USD and a medium-term price target of 35 USD. We will pay close attention to the FED meeting on Wednesday as we expect the volatility index to rise further after the meeting. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
TVC:VIXLong
by Tradersweekly
19
VIX LONGS - RISK OFF ✅✅✅✅ Expecting bullish price action on VIX from a technical perspective as price made a huge move to the downside and rejected the 20$ price area with a bullish GAP this could potentially sign a market reversal or the start of the retracement move within the bearish structure. I think in the upcoming days we will see the volatility going to the ,,moon,, during un-succesfull talks between Rusia-Ukraine. RISK OFF in the markets What do you think ? Where we go next from there?
TVC:VIXLong
by AnonimFXRO
VIX StructureVIX structure is a great indicator to plan upcoming Volatility events. I created this chart to identify entry points for future events that may cause volatility in market indexes. When VIX6M-VIX9D is above 6 you can find better lower premiums on PUTs to enter a position for a future event. During the peak IV of the event I cash in. Before the event I look for cheap UVXY Puts at the end of an event when IV comes down, but VIX price is still higher than normal. I then use those puts for a carry trade of UVXY shares. As UVXY declines as its designed to do, I roll the puts either vertical or diagonal to cover the cost (UVXY going down + Margin Cost) of the carry trade. When the event occurs sell the UVXY shares at the top, and sell the puts when VIX comes back down but IV is still high. Not Financial Advice. Just a 007 trade journal.
CBOE:VIXEducation
by SPYvsGME
2