OPEN-SOURCE SCRIPT
VIX - Fast 30% gains in volatility - shorting
Script is showing if volatility has risen 30% or more from the 10-day MA. Great opportunity for shorting when indicator gets close or above green 30% line. Red line is current MA average.
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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