mikey0888

VIX SPX & XJO

Vix is a volatility indicator that lets traders know when to be cautious.
This indicator shows the volatility for the US market as well as the Australian market on seperate lines.
Blue lines are Vix for SPX (S&P 500)
If blue indicator goes above 30, high volatility is present and caution should be taken.
Green lines are Vix for XJO (ASX 200)
If green indicator goes above 20, high volatility is present and caution should be taken.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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