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Cập nhật VIX CANDLES
The VIX CANDLES indicator is designed to visualize the Williams VIX Fix, a volatility measure that mimics the VIX index but applies to different financial instruments.
This indicator calculates a custom "VIX-like" value based on the highest close over a specified look-back period and plots the result as candlesticks. It also includes an Exponential Moving Average (EMA) to help identify trends and potential buy/sell signals.
Williams VIX Fix Calculation: Measures volatility by comparing the current low to the highest close over the given period, then expressing the result as a percentage.
Custom Candles: The VIX Fix is displayed as a set of candlesticks where the body is colored based on whether the close is higher (green) or lower (red) than the open.
Exponential Moving Average (EMA): An EMA is applied to the VIX Fix value to smooth the data and identify trend changes. The EMA's length is customizable.
Trade Direction Labels: Labels are plotted when the VIX Fix crosses above or below the EMA, signaling potential buy (▽) or sell (△) opportunities.
Customization: Colors for the candlesticks and EMA, as well as the look-back period and EMA length, can be adjusted to suit your preferences.
This indicator is useful for traders looking to track volatility and identify potential trend shifts in the market. By combining the Williams VIX Fix with an EMA, it provides a more dynamic view of market conditions, helping traders spot extreme volatility and adjust their strategies accordingly.
This indicator calculates a custom "VIX-like" value based on the highest close over a specified look-back period and plots the result as candlesticks. It also includes an Exponential Moving Average (EMA) to help identify trends and potential buy/sell signals.
Williams VIX Fix Calculation: Measures volatility by comparing the current low to the highest close over the given period, then expressing the result as a percentage.
Custom Candles: The VIX Fix is displayed as a set of candlesticks where the body is colored based on whether the close is higher (green) or lower (red) than the open.
Exponential Moving Average (EMA): An EMA is applied to the VIX Fix value to smooth the data and identify trend changes. The EMA's length is customizable.
Trade Direction Labels: Labels are plotted when the VIX Fix crosses above or below the EMA, signaling potential buy (▽) or sell (△) opportunities.
Customization: Colors for the candlesticks and EMA, as well as the look-back period and EMA length, can be adjusted to suit your preferences.
This indicator is useful for traders looking to track volatility and identify potential trend shifts in the market. By combining the Williams VIX Fix with an EMA, it provides a more dynamic view of market conditions, helping traders spot extreme volatility and adjust their strategies accordingly.
Phát hành các Ghi chú
The VIX CANDLES indicator is designed to visualize the Williams VIX Fix, a volatility measure that mimics the VIX index but applies to different financial instruments.This indicator calculates a custom "VIX-like" value based on the highest close over a specified look-back period and plots the result as candlesticks. It also includes an Exponential Moving Average (EMA) to help identify trends and potential buy/sell signals.
Williams VIX Fix Calculation: Measures volatility by comparing the current low to the highest close over the given period, then expressing the result as a percentage.
Custom Candles: The VIX Fix is displayed as a set of candlesticks where the body is colored based on whether the close is higher (green) or lower (red) than the open.
Exponential Moving Average (EMA): An EMA is applied to the VIX Fix value to smooth the data and identify trend changes. The EMA's length is customizable.
Trade Direction Labels: Labels are plotted when the VIX Fix crosses above or below the EMA, signaling potential buy (▽) or sell (△) opportunities.
Customization: Colors for the candlesticks and EMA, as well as the look-back period and EMA length, can be adjusted to suit your preferences.
This indicator is useful for traders looking to track volatility and identify potential trend shifts in the market. By combining the Williams VIX Fix with an EMA, it provides a more dynamic view of market conditions, helping traders spot extreme volatility and adjust their strategies accordingly.
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Mã được bảo vệ
Tập lệnh này được đăng dưới dạng mã nguồn đóng. Tuy nhiên, bạn có thể sử dụng tự do và không giới hạn – tìm hiểu thêm tại đây.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.