OPEN-SOURCE SCRIPT
VIX - SHORT - SVXY - Daily Chart (Oldinvestor)
This looks at he VIX and trades SVXY. Load SVXY and run the script on SVXY.
INPUTS:
Entry - You set this number to how high you want the VIX to go before SVXY will be bought. Keep in mind it buys the bar after a trigger, results may be confusing
Exit - You set this number to how low you want the VIX to go before SVXY will be sold.
Year - This as stated, It will start trading on the year you set here.
Good luck.
This script is for learning purposes, and boy did I learn something. UVXY still sucks
INPUTS:
Entry - You set this number to how high you want the VIX to go before SVXY will be bought. Keep in mind it buys the bar after a trigger, results may be confusing
Exit - You set this number to how low you want the VIX to go before SVXY will be sold.
Year - This as stated, It will start trading on the year you set here.
Good luck.
This script is for learning purposes, and boy did I learn something. UVXY still sucks
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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