codypd

SPYIX EMA

Variation on idea at url below using SPYIX from BATS instead of VIX            
from https://marketsci.wordpress.com/2008/07/28/the-vix-is-very-predictable/

Aids in identifying changes in volatility direction.

EDIT: just noticed that URL is now password protected. The concept from the author is simple: use EMA and SMA smoothing of the VIX             as two signal lines. When they cross you have a change in VIX             direction. I simply coded that for SPYIX which is a slightly different (but theoretically similar) index vs VIX             . SPYIX provides intraday updates without a subscription so this indicator can be used for intraday tracking.
Remove from Favorite Scripts Add to Favorite Scripts
study("SPYIX EMA", overlay=false)
VIX = security("SPYIX",period, close)

// variation on idea found here using SPYIX from BATS instead of VIX
// from https://marketsci.wordpress.com/2008/07/28/the-vix-is-very-predictable/
// published example here -> https://www.tradingview.com/v/LrCG2SpT/ 
// it is a start but doesn't find bottoms / tops.

length = input(11, minval=1)
vixema = ema(VIX, length)
vixsma = sma(VIX, length)

bgcolor(vixema >= vixsma ? black : white, transp=80)
plot(vixsma, color=white)
plot(vixema,color=red)
plot(VIX,color=yellow)
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out