OPEN-SOURCE SCRIPT
Updated Spike Fade Indicator [Eloni]
This indicator was made for the vix. it works since when vix jumps it will slowly fade.
Please enjoy. thank you.
Please enjoy. thank you.
Release Notes
Instead of just shorting a spike, use this indicator to detect peaks mathematically. it was made for the vix, but works on multiple things.
please use with caution, thank you.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.