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OPEN-SOURCE SCRIPT

SMI-VIX-SPY-NDX-Index

By tradepack

This script offers an SMI index of VIX, SPY, and NDX. Rather than overlaying VIX, NDX and SPY on the same chart.

It's much easier to see the correlation between VIX's price and NDX / SPY price in this manner.

Thanks to Buckkets & William Blau for the TSI smoothing method.
indexNASDAQ 100 CFDOscillatorsSMIS&P 500 (SPX500)True Strength Index (TSI)VIX CBOE Volatility Index

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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