PROTECTED SOURCE SCRIPT
Volatility Percentile
In this script, we look at 3 volatility indicators percentile distribution
1. VIX
2. VIX/VIX3M
3. VVIX/VIX
Default value of percentile lookback is 1 month = 21 periods on the daily chart.
A general observation is when the percentile drags along the 0th/100th mark, is when we get the "trend" part of the volatility move, before a reversal. This is not a set-in-stone observation, and should not be used as a guidance for trade entries/exits.
Feel free to use, and comment if any observations.
1. VIX
2. VIX/VIX3M
3. VVIX/VIX
Default value of percentile lookback is 1 month = 21 periods on the daily chart.
A general observation is when the percentile drags along the 0th/100th mark, is when we get the "trend" part of the volatility move, before a reversal. This is not a set-in-stone observation, and should not be used as a guidance for trade entries/exits.
Feel free to use, and comment if any observations.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.