TickSurfers VIX Indicator

Description

This script attempts to automatically identify the correct $VIX index for the underlying symbol. If one is not found, it will default to $VIX. It also has a mode for comparing the $VIX against the CBOE 3-Month Volatility Index as a ratio. In ratio mode, you can identify periods when trader sentiment has turned extremely bearish. This can be identified when the ratio is above 1, which happens when the $VIX futures contracts enter a period of backwardation. More importantly, after a strong sell-off in the market, a VIX ratio cross back below 1 can indicate a bullish reversal.

Features & Settings

The default settings have been carefully selected to work optimally. Explore all the features available in TickSurfers VIX by going to the indicator’s input settings and selecting the modes and settings your prefer.

Platform

TickSurfers VIX Indicator runs natively on the TickSurfers Charting Platform. VIX Ratio is included with a Pro chart subscription.

Open the chart free anytime; unlock VIX Ratio and other Pro research tools when you upgrade.