OPEN-SOURCE SCRIPT
Systemic Stress & Volatility Spike — Critical 2012-2024

🔴 Red (Systemic Stress): Rare crisis-grade conditions — appears before major market dislocations
🟣 Purple (Volatility Spike): Rapid volatility surge events — catches VIX explosions with advance notice
🟣 Purple (Volatility Spike): Rapid volatility surge events — catches VIX explosions with advance notice
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.