VIX Signal - need to change it

[natedaag]

Hi, I hope someone can help. I started using this VIX indicator recently, and have found that it is pretty decent at finding when price is about to move, but different timeframes need very different settings to make them work. If I could be able to set the average and the signal line.

This is the code I'm working with:

# Indicator: VIX_BuySignal
declare lower;
def vix_data = close("VIX");
plot vix_average = (vix_data / average(vix_data, 30));
plot signal_line = 1;
vix_average.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);

Thanks in advance.

 

[XeoNoX]

not sure what are attempting to do, but my guess would be (judging by the code you posted) a moving average of the vix. you can just add simple moving average study.

 

[rewardiaz]

I recently created this indicator. helps me keep an eye on VIX. you can use the Bullishlevel and Bearishlevel as the daily levels and will also alert you when importan historical levels are crossed either above or below.

https://usethinkscript.com/threads/vix.19267/