This study works as screener with alerts for ChrisMoody's scritp CM_Williams_Vix_Fix Finds Market Bottoms .
Refers to original study for the code: I converted it in a function and I used my snippets of pine script codes for convert it in a screener.
I'm thinking to transform it in a strategy: if someone has suggestion on startegy logic please let me know. For...
A useful measure of recent volatility. I use 50 day or 50 week periods, but you can experiment with other values too. Because it measures ranges as a % of current close it can be used to make good comparisons with other historic periods of low (or high) volatility. This measure reached a new 23 year low for daily S&P 500 in July 2017.
Uses and historic examples: ...
This simple script was a collaborative effort with 4X4good.
It plots a moving median for the period using the 50th percentile value.
We wanted to know the median value of VIX but surprisingly, a median indicator wasn't yet available in the indicators library.
So we did a little research & put this together.
For Educational Purpose -
Intraday VIX estimation using yesterdays VIX, previous overnight roll , and intraday values for the VXX etf (scaled up to VIX)
Works in all intraday time frames.
First attempt...feedback welcome.
After reading Cam Hui's blog post about his "Trifecta" bottom spotting model I thought I'd try my hand at scripting it as an indicator. The results are pretty close to what he describes. Though the data TradingView feeds me doesn't seem to be identical to what he's using on StockCharts.com the results are close enough that I will call the effort a success worth...