VIX - SHORT - SVXY - Daily Chart (Oldinvestor)This looks at he VIX and trades SVXY. Load SVXY and run the script on SVXY.
INPUTS:
Entry - You set this number to how high you want the VIX to go before SVXY will be bought. Keep in mind it buys the bar after a trigger, results may be confusing
Exit - You set this number to how low you want the VIX to go before SVXY will be sold.
Year - This as stated, It will start trading on the year you set here.
Good luck.
This script is for learning purposes, and boy did I learn something. UVXY still sucks
SVXY
Historical Volatility RankSame formulation of IVR but based on Historical Volatility instead.
Serves the same purpose as IV rank.
VIX INDICATORWorks best as an intraday indicator
Background black & line green = Long VIX
Background black & red line = No trade
Background orange & line green = Consider selling
Background orange & line red = Short VIX
VIX Term Roll OscillatorMy implementtion of VIX term roll Oscillator according to the articles below
seekingalpha.com
vixcontango.wordpress.com
Hope it helps!
Daniel
