VixFixLinReg-Strategy
More exclusive indicators from Trendoscope
Subscribe to Trendoscope® Pattern Suite for $69.99/month to get exclusive indicators by this author. You pay right on TradingView and can use them on your charts straight away.
Explore Trendoscope® Pattern SuiteThis idea came up while discussing about strategies with one of the trading enthusiast from tradingview community.
Strategy basically uses existing script of Vix Fix by Chris Moody:
VixFix is a great indicator for finding the market bottoms. But, sometimes it generates signal too early. But, we can apply linear regression on vix fix to find vix fix top to make timing much better.
Entry condition:
Exit Condition:
Note: This is ideal for identifying market bottom. May not yield good results on individual stocks.
Strategy basically uses existing script of Vix Fix by Chris Moody:
VixFix is a great indicator for finding the market bottoms. But, sometimes it generates signal too early. But, we can apply linear regression on vix fix to find vix fix top to make timing much better.
Entry condition:
- Wait for Vix fix bar to turn lime.
- Once vix fix is turned lime, then wait for linear regression (shown below 0) to turn lime from green. This indicates VIX-Fix has started declining.
- Go long once above two conditions are satisfied
Exit Condition:
- ATR Based Stop
- Applied only if linear regression is green - which means VixFix rising.
Note: This is ideal for identifying market bottom. May not yield good results on individual stocks.
Trial - trendoscope.com/trial
Subscribe - trendoscope.com/pricing
Blog - docs.trendoscope.com
Subscribe - trendoscope.com/pricing
Blog - docs.trendoscope.com
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Trial - trendoscope.com/trial
Subscribe - trendoscope.com/pricing
Blog - docs.trendoscope.com
Subscribe - trendoscope.com/pricing
Blog - docs.trendoscope.com
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.