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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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    Kill Zones MT4
    Diego Arribas Lopez
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    MT4 Version SMT Divergences MT5 SMT Divergences is one of the most innovative indicators in the market. It offers the possibility of analyzing price divergences between 2 pairs. These divergences highlight and help to foresee what banks and institutions are planning to do. SMT divergences also provides you with a kill zones indicator and the possibility of filtering divergences occurring during these kill zones.  This indicator is specially powerful if applied in 2 highly correlated pairs. A pr
    MT4 Version Gaussian Channel MT5 Gaussian Channel MT5 is the first indicator in the market that uses Ehlers Gaussian Filter methods to define trends. Nowadays, this Gaussian Channel is highly known as a method to support HOLD techniques in crypto. If the price is above the channel the trend is strong, if it comes back to the channel this can react as a resistance and indicate the beginning of a bear market (or Winter) if the price breaks below it. Eventhough the use of this channel focuses on hi
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    Diego Arribas Lopez
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    Diego Arribas Lopez
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    [ MT5 Version ] Structure Breakout  EA MT4 Structure Breakout EA is an Expert Advisor inspired by structure breakout trading. It seeks to capture the explosive movements that follow a period of consolidation. It allows the user to adapt the EA to trend breakouts automatically recognized by the robot or to price structure breakouts. It is also highly customizable, which allows it to be easily adapted to different pairs, timeframes and risk profiles. It is independent of market sessions. The numbe
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    [ MT5 Version ] Supply and Demand Multitimeframe Supply and Demand Multitimeframe is the first indicator in the market that combines multiple aspects like trading volume, price structure and momentum to identify Supply and Demand zones for every asset. The Supply and Demand indicator analyzes simultaneously up to 4 different TFs and represents their information in the current graph. Its interactive UI highlights everytime the price enters a Supply or Demand zone even if the zones are not visib
    [ MT5 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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    Martin Brown
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    Martin Brown 2023.07.11 22:55 
     

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    Diego Arribas Lopez
    8127
    Réponse du développeur Diego Arribas Lopez 2023.07.12 16:16
    I am glad you like it! Thank you for your feedback :D
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