OPEN-SOURCE SCRIPT
ARDI Williams Vix Fix
This indicator is a reconstructed, faster, and visually distinct version of the popular Williams Vix Fix indicator (originally created by Chris Moody and later expanded by theehoganator).
What does this indicator do?
By measuring market volatility, this indicator identifies periods of extreme fear (panic selling) and extreme greed (euphoric buying) to help locate potential market reversal points.
🚀 Key Features & Upgrades in the ARDI Version
1. Faster Execution & Code Optimization
2. New Interface & Full Support for "Fear & Greed" Phases
3. New ARDI Filter
4. Clean & Organized Settings Menu
5. Rewritten Alert System
💡 Important Note on Settings
The default settings have been specifically optimized for this version. However, if you adjust the input values to match the reference indicator settings, you will receive the exact classic signals.
Disclaimer: Past performance is not indicative of future results. Always practice proper risk management.
What does this indicator do?
By measuring market volatility, this indicator identifies periods of extreme fear (panic selling) and extreme greed (euphoric buying) to help locate potential market reversal points.
🚀 Key Features & Upgrades in the ARDI Version
1. Faster Execution & Code Optimization
- Fully rewritten based on Pine Script v6. All legacy, commented-out, and experimental code has been cleaned up to ensure smoother and more efficient script performance on your chart.
2. New Interface & Full Support for "Fear & Greed" Phases
- The indicator's visuals have been completely redesigned to simultaneously display both tops (greed) and bottoms (fear) with clear visual signals.
- Candle overlays on the main chart have been removed to keep your price chart clean for price action analysis.
3. New ARDI Filter
- Market noise, weak candles, and erratic signals are filtered out, significantly reducing false entries during sideways (ranging) markets.
4. Clean & Organized Settings Menu
- Parameters are logically grouped and organized to make adjusting settings straightforward.
5. Rewritten Alert System
- Alert logic has been completely rewritten and optimized for fast signal triggering, making it ideal for webhooks, trading bots, or mobile notifications.
💡 Important Note on Settings
The default settings have been specifically optimized for this version. However, if you adjust the input values to match the reference indicator settings, you will receive the exact classic signals.
Disclaimer: Past performance is not indicative of future results. Always practice proper risk management.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.