VIX Correlation
Indicator tracks the 10 day correlation with VIX. I prefer to use this with SPY. Can be a great way to flag tops/melt-ups.
Default settings are set to when the correlation is above 0.2, bars turn red, but you can change this.
Default settings are set to when the correlation is above 0.2, bars turn red, but you can change this.
Notas de prensa:
Simple update as requested to have the option to change the symbol w/ which to correlate with SPY or any other symbol as desired.