Pinkfloyd111.

VIX - Fast 30% gains in volatility - shorting

vix
395 0 49
vix
Script is showing if volatility has risen 30% or more from the 10-day MA. Great opportunity for shorting when indicator gets close or above green 30% line. Red line is current MA average .
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study("My Script")
a=high
ma=ema(close,10)
c=a/ma
plot(c, color=blue)
plot(1, color=red)
plot(1.3, color=green)
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