VIX Correlation

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.

Want to use this script on a chart?


+2 Reply
youre the best! thanks for sharing all your hard work
+1 Reply
wll892269659 bruitdefond
@bruitdefond, 感谢老师
recently started following you on twitter and here, your knowledge and information sharing is much appreciated.
+1 Reply
Your work reflects some impressive insight and your sharing even more impressive generosity. Thanks a bunch.
+1 Reply
Thank you
+1 Reply
Greatly appreciated!
+1 Reply
great work, thanks for sharing this script!
+1 Reply
Nice work Rolando.
Best wishes for success.
+1 Reply
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.
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