OPEN-SOURCE SCRIPT
Vix Spike

This script calculates spikes Vix tops and bottoms. The Vix Market Bottom is calculated using CM_Williams_Vix_Fix Finds Market Bottoms (Chris Moody). The Vix Market Top is calculated as the inverse of CM Williams’ formula.
The highest Vix Bottom and the highest Vix Top are averaged (over the Highest Vix Lookback period).
Buys are signaled when the Vix Bottom line crosses below the Highest Vix Average.
Sells are signaled when the Vix Top line crosses below Highest Vix Average.
BINANCE:ETHUSDT 5 min

BYBIT:XRPUSD 5 min

The highest Vix Bottom and the highest Vix Top are averaged (over the Highest Vix Lookback period).
Buys are signaled when the Vix Bottom line crosses below the Highest Vix Average.
Sells are signaled when the Vix Top line crosses below Highest Vix Average.
BINANCE:ETHUSDT 5 min
BYBIT:XRPUSD 5 min
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
USDT(ERC20):0x89c1ada92d53e88a06131a28693fd46101bdbecb
LTC:LWx9nAqbfZcWB5GBxUuBEpdBCFyVAmSFjm
ETH(ERC20):0x89c1ada92d53e88a06131a28693fd46101bdbecb
BTC:113pXq5Lxdp3UUgTpRng24sxX7YRE9dR61p
LTC:LWx9nAqbfZcWB5GBxUuBEpdBCFyVAmSFjm
ETH(ERC20):0x89c1ada92d53e88a06131a28693fd46101bdbecb
BTC:113pXq5Lxdp3UUgTpRng24sxX7YRE9dR61p
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
USDT(ERC20):0x89c1ada92d53e88a06131a28693fd46101bdbecb
LTC:LWx9nAqbfZcWB5GBxUuBEpdBCFyVAmSFjm
ETH(ERC20):0x89c1ada92d53e88a06131a28693fd46101bdbecb
BTC:113pXq5Lxdp3UUgTpRng24sxX7YRE9dR61p
LTC:LWx9nAqbfZcWB5GBxUuBEpdBCFyVAmSFjm
ETH(ERC20):0x89c1ada92d53e88a06131a28693fd46101bdbecb
BTC:113pXq5Lxdp3UUgTpRng24sxX7YRE9dR61p
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.