VIX Correlation — Indicator by RolandoSantos

TradingView

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Indicator tracks the 10 day correlation with VIX . I prefer to use this with SPY . Can be a great way to flag tops/melt-ups.

Default settings are set to when the correlation is above 0.2, bars turn red, but you can change this.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

感谢老师

youre the best! thanks for sharing all your hard work

bruitdefond

@bruitdefond, 感谢老师

recently started following you on twitter and here, your knowledge and information sharing is much appreciated.

Your work reflects some impressive insight and your sharing even more impressive generosity. Thanks a bunch.

Thank you

Greatly appreciated!

great work, thanks for sharing this script!

Nice work Rolando.
Best wishes for success.

Very nice work, any chance you could include the individual Implied Volatility tickers for Apple and Amazon for example? I know they have their own VIX ticker as well.