We know that VIX most of the time reflects the investor/traders sentiment. When VIX is higher it means lot of fear in the market and a lower VIX indicates a lack of fear in the market. The problem is the sentiment can be measured only by Indices like Nifty as the Volatility Index VIX is derived from the implied volatility of Options. In such a case VIX FIX comes handy to replicate the VIX behavior in other instruments like Commodities, Forex, and Stocks. William VIX FIX indicator provides a solution for creating synthetic VIX for any trading asset class.
Synthetic VIX or William VIX FIX Formula
WVF = (Higher high value (Close,22) – Low)/(Higher high value (Close,22))*100
The value 22 is chosen denotes 22 trading sessions in a month. And one can use VIX FIX
Amibroker AFL code
_SECTION_BEGIN("William VIX FIX");
WVF = (HHV (Close,22) - Low)/(HHV(Close,22))*100;
Plot(WVF,"William VIX FIX", colorRed);
_SECTION_END();
Know more about William VIXFix indicator here
Nifty Futures with VIX FIX indicator
Reliance Power Futures Shows Overheated Volatility and the VIX started colling off
In market signals,please include wockhardt, and amtek auto, and stridesarcolab, in futures
I repeat the request made by me on 19 dec 2014
Sir,
Thanks for sharing knowledge
hi sir,
it would be nice if u can explain how to use it in trading ?
not got anything from chart …. watched on yesbank chart …
Extreme values indicate bottoms. Also check with the usage of William FIX VIX with Bollinger Bands. Go thro the PDF attached that explains a lot.
SIR…RPOWER===BAY YA SELL ?????
I have a question and I hope some one can answer it.
Why government would agree to pay over USD 5 to Reliance and ONGC while the average price of gas is around USD 3 in global mkts?
I’m sure CAG won’t accept it while government would send files to CAG for final clearance closer to the date of implementation of the revised rates.
Traditionally the crude oil trades @ 10-11 times the price of natural gas in I ternational mkts.
So soon crude would trade in the range of 35-40.
At that price or even currently can Reliance command over 10 dollars for refining charges while the crude is trading 30% lover?
Obviously that demand and price of crude is much lower compared with the last quarter therefore we should anticipate much lower profit from Relaince and ONGC compared with last qtr.
Could you please create a tradescript for William Vix Fix?
hi. Can you sent me William VIXFix indicator mql4
what is code of will.r% indicator for amibroker automatic analysis. i want to show of pre close value of will.r% for time frame 5 minute. ?
Hi pls make this indicator for exploration
Please provide Explorer for same indicator if posssible