OPEN-SOURCE SCRIPT
Atualizado Fear & Greed Fix [FlowForge]
Fear & Greed Fix [FlowForge]
A dual Williams VIX Fix indicator that measures both panic selling and euphoric buying exhaustion simultaneously — giving you SHORT and LONG signals from a single oscillator.
The concept:
The original Williams VIX Fix was created to synthetically replicate the VIX on any instrument. It spikes when price drops hard relative to recent highs measuring fear and panic selling. We extended it with an inverted version that spikes when price rips hard relative to recent lows measuring greed and euphoric buying.
What you see:
🟢 Green bars above zero — abnormal fear/panic selling detected. Price has dropped unusually hard relative to its recent range. Potential long exhaustion signal.
🔴 Red bars below zero — abnormal greed/euphoric buying detected. Price has ripped unusually hard relative to its recent range. Potential short exhaustion signal.
Signal fires when the spike exceeds either the Bollinger Band upper band OR the historical percentile threshold whichever triggers first.
Best used alongside:
ORB Sessions 15m [FlowForge] — fear/greed spikes at session opening range highs and lows often mark failed breakout reversals.
Works standalone on any instrument — stocks, futures, crypto, forex, indices. No other FlowForge scripts required.
Settings:
- Adjustable lookback, Bollinger Band length and multiplier
- Percentile threshold for signal sensitivity
- Optional Bollinger Band and percentile reference lines
- Full color customization
Built-in alerts for fear and greed spikes
Free and open source.
A dual Williams VIX Fix indicator that measures both panic selling and euphoric buying exhaustion simultaneously — giving you SHORT and LONG signals from a single oscillator.
The concept:
The original Williams VIX Fix was created to synthetically replicate the VIX on any instrument. It spikes when price drops hard relative to recent highs measuring fear and panic selling. We extended it with an inverted version that spikes when price rips hard relative to recent lows measuring greed and euphoric buying.
What you see:
🟢 Green bars above zero — abnormal fear/panic selling detected. Price has dropped unusually hard relative to its recent range. Potential long exhaustion signal.
🔴 Red bars below zero — abnormal greed/euphoric buying detected. Price has ripped unusually hard relative to its recent range. Potential short exhaustion signal.
Signal fires when the spike exceeds either the Bollinger Band upper band OR the historical percentile threshold whichever triggers first.
Best used alongside:
ORB Sessions 15m [FlowForge] — fear/greed spikes at session opening range highs and lows often mark failed breakout reversals.
Works standalone on any instrument — stocks, futures, crypto, forex, indices. No other FlowForge scripts required.
Settings:
- Adjustable lookback, Bollinger Band length and multiplier
- Percentile threshold for signal sensitivity
- Optional Bollinger Band and percentile reference lines
- Full color customization
Built-in alerts for fear and greed spikes
Free and open source.
Notas de Lançamento
Grafiek wegScript de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.