Posted by timebandit on 12th of Sep 2021 at 01:09 pm
The green and red colors as represented on the $ONE:$VIX moving
averages indicate when you should be long or short. As with
anything, it's not perfect. But I find it to be useful input in
combination with other indicators. But I had to watch it for awhile
before I became comfortable and got used to when it tends to
whipsaw and becomes less useful as a result.
I have versions in various time frames. I'm starting to play
around with it on a 1-minute chart as well, but don't have enough
experience so just observing for now to see what signals it would
give. Can also plug in $ONE:$VXN for QQQs and $ONE:$RVX for IWM.
Have to experiment to see which time frames are more useful in
these different inidcators.
I also pay attention to divergences, like those shown below
Posted by timebandit on 12th of Sep 2021 at 03:18 pm
One last note about this chart, it is possible to fine tune the
two moving averages selected as you adapt it to different markets
or time frames. Again, it is doubtful it will ever be perfect,
you're just looking to maximize its usefulness.
The green and red colors
$ONE:$VIX 30 Minute - Another one I find useful... Pretty ...
Posted by timebandit on 12th of Sep 2021 at 01:09 pm
The green and red colors as represented on the $ONE:$VIX moving averages indicate when you should be long or short. As with anything, it's not perfect. But I find it to be useful input in combination with other indicators. But I had to watch it for awhile before I became comfortable and got used to when it tends to whipsaw and becomes less useful as a result.
I have versions in various time frames. I'm starting to play around with it on a 1-minute chart as well, but don't have enough experience so just observing for now to see what signals it would give. Can also plug in $ONE:$VXN for QQQs and $ONE:$RVX for IWM. Have to experiment to see which time frames are more useful in these different inidcators.
I also pay attention to divergences, like those shown below
One last note about this
Posted by timebandit on 12th of Sep 2021 at 03:18 pm
One last note about this chart, it is possible to fine tune the two moving averages selected as you adapt it to different markets or time frames. Again, it is doubtful it will ever be perfect, you're just looking to maximize its usefulness.
That’s great @Matt would be really
Posted by arun on 12th of Sep 2021 at 01:40 pm
That’s great
@Matt would be really helpful if we have an option to pin certain posts
those are pretty sweet charts,
Posted by matt on 12th of Sep 2021 at 01:34 pm
those are pretty sweet charts, thanks for sharing the chart URL so that others can play around with it as well