OPEN-SOURCE SCRIPT

Williams Vix Fix + Inverse [Alorse]

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The VIX Fix measures how close the current market price is to the lowest price of the last X candles. When prices are in uptrends, the close is usually near the high. But prices close near the low in downtrends.
It works because it’s based on how traders behave. The calculation fixes some of the problems with the VIX.

This indicator is based on CM_Williams_Vix_Fix Finds Market Bottoms and its great difference is that it adds the inverse functionality, also showing the possible highest areas of the market.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.