OPEN-SOURCE SCRIPT
Price + VIX + RSI Strategy
📊 Price + VIX + RSI Strategy
This script combines price action, volatility (VIX), and momentum (RSI) to identify potential market conditions such as strong trends, reversals, and consolidation phases.
It is designed as a visual decision-support tool, not a standalone trading system.
🔍 How It Works
The indicator evaluates three core components:
1. 📈 Price Direction
Rising price → bullish pressure
Falling price → bearish pressure
Flat price → consolidation
2. 🌪️ VIX (Volatility Index)
Rising VIX → increasing volatility / uncertainty
Falling VIX → decreasing volatility / stability
3. 📉 RSI (Relative Strength Index)
Above 50 → bullish momentum
Below 50 → bearish momentum
Above 70 → overbought zone
Below 30 → oversold zone
🧠 Signal Logic
✅ Strong Bullish (BUY)
Price ↑
VIX ↑
RSI > 50
👉 Interpretation: Momentum + volatility expansion may indicate a strong upward move.
❌ Strong Bearish (SELL)
Price ↓
VIX ↑
RSI < 50
👉 Interpretation: Increasing volatility with downward momentum may signal strong selling pressure.
⚠️ Weak Bullish (Possible Reversal Down)
Price ↑
VIX ↓
RSI > 70
👉 Interpretation: Overbought conditions with decreasing volatility may suggest a potential pullback.
⚠️ Weak Bearish (Possible Reversal Up)
Price ↓
VIX ↓
RSI < 30
👉 Interpretation: Oversold conditions with low volatility may indicate bottom formation.
🔄 Breakout Loading Zone
Price sideways
VIX ↑
👉 Interpretation: Market compression with rising volatility may precede a breakout.
🚫 No Trade Zone
Price sideways
VIX ↓
👉 Interpretation: Low volatility + no direction = avoid trading conditions.
📌 Features
Combines multi-factor analysis (price + volatility + momentum)
Works on any timeframe
Customizable:
VIX symbol input
RSI length
Visual signals directly on chart:
BUY / SELL labels
Reversal warnings
Built-in RSI with overbought/oversold levels
⚙️ Inputs
VIX Symbol: Default is CBOE:VIX (can be changed for other markets)
RSI Length: Default is 14
⚠️ Important Notes
This script uses VIX data, which is primarily relevant to US markets. Results may vary on other assets.
Signals are not predictive guarantees—they reflect current conditions only.
Works best when combined with:
Market structure
Support & resistance
Volume analysis
🧪 Best Use Cases
Trend confirmation
Identifying volatility shifts
Spotting potential reversals
Avoiding low-quality market conditions
📢 Disclaimer
This indicator is for educational and informational purposes only.
It does not constitute financial advice. Always do your own research and manage risk appropriately.
This script combines price action, volatility (VIX), and momentum (RSI) to identify potential market conditions such as strong trends, reversals, and consolidation phases.
It is designed as a visual decision-support tool, not a standalone trading system.
🔍 How It Works
The indicator evaluates three core components:
1. 📈 Price Direction
Rising price → bullish pressure
Falling price → bearish pressure
Flat price → consolidation
2. 🌪️ VIX (Volatility Index)
Rising VIX → increasing volatility / uncertainty
Falling VIX → decreasing volatility / stability
3. 📉 RSI (Relative Strength Index)
Above 50 → bullish momentum
Below 50 → bearish momentum
Above 70 → overbought zone
Below 30 → oversold zone
🧠 Signal Logic
✅ Strong Bullish (BUY)
Price ↑
VIX ↑
RSI > 50
👉 Interpretation: Momentum + volatility expansion may indicate a strong upward move.
❌ Strong Bearish (SELL)
Price ↓
VIX ↑
RSI < 50
👉 Interpretation: Increasing volatility with downward momentum may signal strong selling pressure.
⚠️ Weak Bullish (Possible Reversal Down)
Price ↑
VIX ↓
RSI > 70
👉 Interpretation: Overbought conditions with decreasing volatility may suggest a potential pullback.
⚠️ Weak Bearish (Possible Reversal Up)
Price ↓
VIX ↓
RSI < 30
👉 Interpretation: Oversold conditions with low volatility may indicate bottom formation.
🔄 Breakout Loading Zone
Price sideways
VIX ↑
👉 Interpretation: Market compression with rising volatility may precede a breakout.
🚫 No Trade Zone
Price sideways
VIX ↓
👉 Interpretation: Low volatility + no direction = avoid trading conditions.
📌 Features
Combines multi-factor analysis (price + volatility + momentum)
Works on any timeframe
Customizable:
VIX symbol input
RSI length
Visual signals directly on chart:
BUY / SELL labels
Reversal warnings
Built-in RSI with overbought/oversold levels
⚙️ Inputs
VIX Symbol: Default is CBOE:VIX (can be changed for other markets)
RSI Length: Default is 14
⚠️ Important Notes
This script uses VIX data, which is primarily relevant to US markets. Results may vary on other assets.
Signals are not predictive guarantees—they reflect current conditions only.
Works best when combined with:
Market structure
Support & resistance
Volume analysis
🧪 Best Use Cases
Trend confirmation
Identifying volatility shifts
Spotting potential reversals
Avoiding low-quality market conditions
📢 Disclaimer
This indicator is for educational and informational purposes only.
It does not constitute financial advice. Always do your own research and manage risk appropriately.
オープンソーススクリプト
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。