Williams Vix Fix MT5

MT4 Version

Williams Vix Fix MT5

Need help trying to time the bottoms in the market?

Williams Vix Fix MT5 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 MT5 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 MT5 provides a system of alerts and notifications on the mobile phone and on the MT5 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 MT5 Terminal every time VIX exits the range
  • Alert when possible bottom achieved: Enables alerts on the MT5 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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    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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    Diego Arribas Lopez
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    Fear and Greed MT4
    Diego Arribas Lopez
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    Gaussian Channel MT4
    Diego Arribas Lopez
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    Williams Vix Fix MT4
    Diego Arribas Lopez
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    Diego Arribas Lopez
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    Multi Timeframe MA MT4
    Diego Arribas Lopez
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    SMT Divergences MT4
    Diego Arribas Lopez
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    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 w
    Kill Zones MT4
    Diego Arribas Lopez
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    Order Blocks ICT MT4
    Diego Arribas Lopez
    [ MT5 Version ]   [ Kill Zones ]  [ SMT Divergences ] How to trade using Order Blocks:  Click here Experience the ultimate in trading precision with the  Order Blocks ICT  indicator, designed to empower traders with unparalleled insights into market dynamics. This advanced tool leverages order flow and volume analysis to reveal crucial buying and selling pressures driving price action. Why Choose Order Blocks ICT? Unleash Market Insights: Order Flow Analysis:  Discern buying and selling pressure
    [ MT5 Version ]  [ Kill Zones ]  [ SMT Divergences ] How to trade using Order Blocks:  Click here User Interface Performance:  During testing in the strategy tester, the UI may experience lag. Rest assured, this issue is specific to the testing environment and does not affect the indicator's performance in live trading. Elevate your trading strategy with the  Order Blocks ICT Multi TF  indicator, a cutting-edge tool designed to enhance your trading decisions through advanced order block analys
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    zuchi69 2022.12.17 20:17 
     

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    Diego Arribas Lopez
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    개발자의 답변 Diego Arribas Lopez 2022.12.20 16:41
    Me alegro :). Gracias por tu feedback
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