OPEN-SOURCE SCRIPT
Synthetic Vix Stochastic

I noticed that this indicator was not in the public library, so I decided to share it. This is Larry Williams take on stochastics, based on his idea of synthetic vix. Thanks to Active trader magazine, his article on the idea shows us how this tool can be used as a timing instrument for his sythetic vix. The idea he relates is that the market becomes oversold at the height of volatility and the stochastic can highlight the periods when the panic may be over. This is evidenced by readings above 80 and below 20. He states that his indicator is less reliable at market tops rather than bottoms, and evidence suggests just that. Stochastics readings in this indicator have been adjusted to look and 'feel' like traditional readings. His suggested settings are the default, but I have included a more traditional line in the code that reads the WVF high and low in the calculation instead of just the WVF, just uncomment the appropriate lines and see for yourself. This indicator works really well with the Williams Vix Fix, inverted of course, coded by ChrisMoody.
Enjoy responsibly
ShirokiHeishi
see the notes on chart
Enjoy responsibly
ShirokiHeishi
see the notes on chart
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開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。