OPEN-SOURCE SCRIPT
업데이트됨 Williams Vix Fix Bottoms and Tops - DUAL MODE
Williams Vix Fix Bottoms and Tops - DUAL MODE
This is a DUAL implementation of Williams Vix Fix that evaluates both:
- LOWS: potential downside exhaustion / bottom conditions.
- HIGHS: potential upside exhaustion / top conditions.
The goal is to combine statistical extremes with price-action confirmation and clear visual signaling.
Core calculations
LOWS mode:
WVF_LOWS = ((highest(close, pd) - low) / highest(close, pd)) * 100
HIGHS mode:
WVF_HIGHS = ((lowest(close, pd) - high) / lowest(close, pd)) * 100
For each mode, the script computes:
- statistical bands (SMA + stdev multiplier),
- percentile thresholds (lb with ph/pl),
- extreme-state conditions,
- and price-action/context filters (ltLB, mtLB, str).
Signals and bar coloring
Bars can be highlighted by 5 classes:
- Aggressive
- Filtered
- Entry
- Above Lines
- All Bars
In DUAL mode, LOWS and HIGHS are processed together with signal-priority layering to keep chart reading consistent.
Histogram and lines
- LOWS histogram: “Extreme” color in extreme conditions, “Normal” otherwise.
- HIGHS histogram: “Extreme” color in extreme conditions, “Normal” otherwise.
- Optional lines for statistical bands and percentile ranges.
Alerts
Includes:
- Williams Green Bar (LOWS)
- Williams Green Bar (HIGHS)
GreenBarLookBack controls lookback/consecutive logic for alert triggering.
How to use
- Tune parameters per symbol/timeframe.
- Use signals with structure confirmation and risk management.
- This is a decision-support tool, not a guaranteed-profit system.
Open-source reuse and credits
This script is based on the open-source indicator:
“Williams Vix Fix Bottoms and Tops” by theehoganator
Source:
This version adds and/or changes:
1) Dual simultaneous processing of LOWS and HIGHS.
2) Distinct visual logic for LOWS/HIGHS extremes and normal states.
3) Layered bar-color priority for signal classes.
4) Green-bar alert logic with configurable lookback.
5) Input/layout and signal presentation refinements.
Limitations
- Reversal signals can be early in strong trends.
- Behavior depends on volatility regime.
- Risk management is required.
This is a DUAL implementation of Williams Vix Fix that evaluates both:
- LOWS: potential downside exhaustion / bottom conditions.
- HIGHS: potential upside exhaustion / top conditions.
The goal is to combine statistical extremes with price-action confirmation and clear visual signaling.
Core calculations
LOWS mode:
WVF_LOWS = ((highest(close, pd) - low) / highest(close, pd)) * 100
HIGHS mode:
WVF_HIGHS = ((lowest(close, pd) - high) / lowest(close, pd)) * 100
For each mode, the script computes:
- statistical bands (SMA + stdev multiplier),
- percentile thresholds (lb with ph/pl),
- extreme-state conditions,
- and price-action/context filters (ltLB, mtLB, str).
Signals and bar coloring
Bars can be highlighted by 5 classes:
- Aggressive
- Filtered
- Entry
- Above Lines
- All Bars
In DUAL mode, LOWS and HIGHS are processed together with signal-priority layering to keep chart reading consistent.
Histogram and lines
- LOWS histogram: “Extreme” color in extreme conditions, “Normal” otherwise.
- HIGHS histogram: “Extreme” color in extreme conditions, “Normal” otherwise.
- Optional lines for statistical bands and percentile ranges.
Alerts
Includes:
- Williams Green Bar (LOWS)
- Williams Green Bar (HIGHS)
GreenBarLookBack controls lookback/consecutive logic for alert triggering.
How to use
- Tune parameters per symbol/timeframe.
- Use signals with structure confirmation and risk management.
- This is a decision-support tool, not a guaranteed-profit system.
Open-source reuse and credits
This script is based on the open-source indicator:
“Williams Vix Fix Bottoms and Tops” by theehoganator
Source:
This version adds and/or changes:
1) Dual simultaneous processing of LOWS and HIGHS.
2) Distinct visual logic for LOWS/HIGHS extremes and normal states.
3) Layered bar-color priority for signal classes.
4) Green-bar alert logic with configurable lookback.
5) Input/layout and signal presentation refinements.
Limitations
- Reversal signals can be early in strong trends.
- Behavior depends on volatility regime.
- Risk management is required.
릴리즈 노트
Fixed the 'Flip Indicator' functionality.It now correctly inverts the histogram/indicator plot without affecting the signal logic.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.