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Williams Vix Fix MT4

MT5 Version

Williams Vix Fix MT4

Need help trying to time the bottoms in the market?

Williams Vix Fix MT4 is based on the volatility of the market and grants a huge support for finding out when a correction is comming to its end.

TRY IT FOR FREE NOW!

Williams Vix Fix MT4 derivates from Larry Williams's VixFix indicator addapted for fitting  every asset class. VIX reprensents the fear and greed in the market based on its volatility. A high VIX value shows fear in the market, this is usually a good time to look for accumulating long possitions or looking for long trades. This can open big opportunities if combined with lower timeframes.

VIX Fix is calculated using the following formula:

VIX Fix = (Highest(Close, 22) - Low) / (Highest(Close,22)) * 100

This indicator offers the posibility to adapt it yourself and choose price's high, close or open and the period for the comparation to better fit the desired asset class. Besides that it is combined with Bollinger Bands and percentiles for better highlighting possible bottoms.

This indicator can be use on its own or with a grid method for HOLD strategies or analyzing higher timeframes and looking for entries in lower ones for SCALPING and SWING strategies. 

At the same time, Williams Vix Fix MT4 provides a system of alerts and notifications on the mobile phone and on the MT4 Terminal when the price enters reaches a possible bottom.

Some of the characteristics of the indicator are the following:

  • Time saving
  • Provides information about price reaching possible bottoms
  • Ease of decision-making for entries
  • Highly customizable
  • Functional in all pairs (Crypto, Forex, Stocks, Indices, Commodities ...)
  • Perfect for Scalping, HOLD or Swing trading
  • Alerts and notifications on the MT5 terminal and on the mobile phone

Input parameters

Settings:

  • VIX Source: Price data source for the VIX calculation (High, open, close, median, typical and weighted)
  • VIX Period: Standard deviation period for the VIX calculation 
  • BB Length: Bollinger Bands' period
  • BB Multiplier:  Bollinger Bands' multiplier [>0]
  • Look Back Period Percentile High: Number of candles for checking High Percentile
  • Highest Percentile: High percentile lvl (0.90=90%, 0.95=95%, 0.99=99%)
  • Lowest Percentile: Lowpercentile lvl (0.90=90%, 0.95=95%, 0.99=99%)
Visualization:
  • Show High Range: Shows VIX range in the indicator's window

Notifications:

  • Alert when VIX is over range: Enables alerts on the MT4 Terminal every time VIX exits the range
  • Alert when possible bottom achieved: Enables alerts on the MT4 Terminal if price reaches a possible bottom
  • Activate Notifications: Enables phone Notifications

    Support and questions

    Do not hesitate to contact me for any questions and support

    Author

    Diego Arribas, private investor and speculator, automation engineer in the aerospace industry

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    Diego Arribas Lopez
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    [ MT4 Version ] Bulls and Bears Power Bulls and Bears Power is an indicator that clearly highlights if bulls or bears are currently in control of the market. A price movement started with high Bulls control in the market can indicate the beginning of a new trend movement. The relative indicator power between price peaks also indicates if the movement is losing strength and might foresee a significant correction or a trend reversal. Bulls and Bears Power indicator offers a clear and simplified vi
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    Diego Arribas Lopez
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    Diego Arribas Lopez
    5 (1)
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    Kill Zones MT5
    Diego Arribas Lopez
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    Diego Arribas Lopez
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    Diego Arribas Lopez
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    Diego Arribas Lopez
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    Diego Arribas Lopez
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    [ MT5 Version ] Ultimate Alpha Trend MT4 Ultimate Alpha Trend is the first trend indicator, which combines volatility, volume, average price and momentum. The results is a highly versatile representation of trendy and sideways market conditions, highlighting, at the same time, significant supply and demand levels. The Ultimate Alpha Trend indicator can be used to find entry oportunities and to set SLs taking into consideration current market volatility, volume and momentum. Besides that, the in
    MT5 Version Order Blocks Zone Scalper   is dedicated to all people who like order blocks trading but do not have the time to stare at the charts every day or the discipline to follow a trading strategy. It is also for everyone who likes to experiment and optimize parameters on their own. If you belong to this type of person, it is your lucky day, as I decided to keep all EA parameters available to you so that you can optimize the EA to your own taste. To understand how this EA works, come read m
    MT5 Version Advanced Range Breakout Advanced Range Breakout allows you to trade breakouts in an impossible way for any human being. This EA focuses on entering breakouts as soon as the price moves over them, keeping a tight trailing stop loss (TSL) to catch as much as possible of breakouts'    characteristic   explosive price movements while protecting the trade if it turns out to be a fakeout. Feel free to get in touch we me to find out how I successfully managed to passed a prop firm challeng
    MT5 Version Advanced Daily Breakout Advanced Daily Breakout  allows you to trade session breakouts in an automatic way and with an accurate order and risk managing. This EA focuses on defining the session range and trading its breakout. You can let the trade run until the end of the session or keep a tight trailing stop loss (TSL) to catch as much as possible of breakouts' characteristic explosive price movements while protecting the trade if it turns out to be a fakeout. There are three main
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    Martin Brown
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    Martin Brown 2023.07.11 22:55 
     

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    Diego Arribas Lopez
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    개발자의 답변 Diego Arribas Lopez 2023.07.12 16:16
    I am glad you like it! Thank you for your feedback :D
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