OPEN-SOURCE SCRIPT

VIX Monitor

Updated
Simple VIX Monitor to track spikes.

Spikes in VIX are often followed by big moves up in stocks.

Useful when paired with "Correlation & Beta" Indicator.

For Bitcoin Traders: when Bitcoin is highly correlated to Stocks (such as now) it could be a good opportunity for a short-term long trade.
Release Notes
Formatting and sourcing
Release Notes
Sourcing update
Bitcoin (Cryptocurrency)bounceBTCdeadcatEquityrecessionStocksVIX CBOE Volatility IndexVolatility

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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