OPEN-SOURCE SCRIPT

VixFixLinReg-Strategy

This idea came up while discussing about strategies with one of the trading enthusiast from tradingview community.

Strategy basically uses existing script of Vix Fix by Chris Moody:

CM_Williams_Vix_Fix  Finds Market Bottoms


VixFix is a great indicator for finding the market bottoms. But, sometimes it generates signal too early. But, we can apply linear regression on vix fix to find vix fix top to make timing much better.

Entry condition:
  • Wait for Vix fix bar to turn lime.
  • Once vix fix is turned lime, then wait for linear regression (shown below 0) to turn lime from green. This indicates VIX-Fix has started declining.
  • Go long once above two conditions are satisfied


Exit Condition:
  • ATR Based Stop
  • Applied only if linear regression is green - which means VixFix rising.


Note: This is ideal for identifying market bottom. May not yield good results on individual stocks.

Average True Range (ATR)Linear RegressionTrend Analysisvixfix

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?

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