jinhee: Does this work only for daily time frame? I want to use it on 15m and 4 hour chart.
Can you make it for top as well as bottom?
Hi, yes this will absolutely work on 15m and 4hr charts. Like almost any indicator, the signal will be more robust as the timeframe increases of course. You can download the free demo to see if it works for you!
This particular indicator is best for identifying bottoms only, because investor sentiment is magnified at market bottoms vs. tops. That is described in the Williams 2007 article we posted above as well.
¿Comprendido el vix y veo que da muchas señales falsas tieen algun sistema con este indicador comprobado que
funciona? como se podria usar para operar en ambas direcciones?
I have just rent this indicator. I made some historical research with my own set-ups and it works perfectly !!!. When the rent period
goes by a pay a full price. For sure.
But I have a small suggestion: when bar change colour from green to gray (default settings) it would be perfect to add a possibility for a
candle on chart price also change colour.
hola alguien tiene este indicador para otra plataforma como tradingview o alguna tra? ya que le pregunto al desarrollador pero no me contesta .. con las mismas funciones que tiene aqui.-
hello does anyone have this indicator for another platform like tradingview or some tra? since I ask the developer but he does not answer me .. with the same functions that it has here.-
See attached for the Williams 2007 article. Uploaded as zip file because of attachments limitations.
Williams L (2007) The Vix Fix. Active Trader Magazine 24:32.
iCustom:
Developers can use the following code with iCustom:
double VIXFix_grey = iCustom(NULL,0,"Modified VIX Fix",1,false,22,20,2.0,50,0.85,14,3,false,false,80,false,20,false,false,false,0,0); // Regular VIX Fix grey bar value
double VIXFix_teal= iCustom(NULL,0,"Modified VIX Fix",1,false,22,20,2.0,50,0.85,14,3,false,false,80,false,20,false,false,false,1,0); // Regular VIX Fix teal bar value
double VIXFix_stochk = iCustom(NULL,0,"Modified VIX Fix",2,false,22,20,2.0,50,0.85,14,3,false,false,80,false,20,false,false,false,9,0); // Stochastic VIX Fix K line
double VIXFix_stochd = iCustom(NULL,0,"Modified VIX Fix",2,false,22,20,2.0,50,0.85,14,3,false,false,80,false,20,false,false,false,10,0); // Stochastic VIX Fix D line
Does this work only for daily time frame? I want to use it on 15m and 4 hour chart.
Hi, yes this will absolutely work on 15m and 4hr charts. Like almost any indicator, the signal will be more robust as the timeframe increases of course. You can download the free demo to see if it works for you!
This particular indicator is best for identifying bottoms only, because investor sentiment is magnified at market bottoms vs. tops. That is described in the Williams 2007 article we posted above as well.
Does this work only for daily time frame? I want to use it on 15m and 4 hour chart.
On shorter timeframes, I also recommend pairing the Modified VIX (a measure of price movement into extreme ranges) with a call "trigger", such as the Modified TTM Squeeze (https://www.mql5.com/en/market/product/18331) or the Relative Momentum Index (https://www.mql5.com/en/market/product/18639).
Please let me know if you have any other questions!
¿Comprendido el vix y veo que da muchas señales falsas tieen algun sistema con este indicador comprobado que funciona? como se podria usar para operar en ambas direcciones?
Hi,
I have just rent this indicator. I made some historical research with my own set-ups and it works perfectly !!!. When the rent period goes by a pay a full price. For sure.
But I have a small suggestion: when bar change colour from green to gray (default settings) it would be perfect to add a possibility for a candle on chart price also change colour.
DO YOU HAVE ANY VIDEO ON YOUTUBE ON HOW TO TRADE WITH THIS INDICATOR?
I JUST RENTED IT FOR ONE MONTH TODAY AND I CANT SEE ANY ARROW YET ON MY CHART.
ALSO, CAN IT BE USED ON ANY TIME FRAME OR WHICH TIME FRAME IS THE BEST. IS IT ONLY ON EUR/USD?
MR STANLEY
stanjoe1717@gmail.com
hola alguien tiene este indicador para otra plataforma como tradingview o alguna tra? ya que le pregunto al desarrollador pero no me contesta .. con las mismas funciones que tiene aqui.-
hello does anyone have this indicator for another platform like tradingview or some tra? since I ask the developer but he does not answer me .. with the same functions that it has here.-
gracias