Simple oscillator that takes in implied volatilities at two different timescales for the same security, to determine whether the market expects the next crash to be imminent or "in a few months from now".
Best combined with other IV/VIX-based indicators and visual inspection of the IV charts, but still gives some decent information at a glance.
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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.