OPEN-SOURCE SCRIPT

VIX Calm vs Choppy (Bar Version, VIX High Threshold)

246
This indicator tracks market stability by measuring how long the VIX stays below or above a chosen intraday threshold. Instead of looking at VIX closes, it uses VIX high, so even a brief intraday spike will flip the regime into “choppy.”

The tool builds a running clock of consecutive bars spent in each regime:

Calm regime: VIX high stays below the threshold

Choppy regime: VIX high hits or exceeds the threshold

Calm streaks plot as positive bars (light blue background).
Choppy streaks plot as negative bars (dark pink background).

This gives a clean picture of how long the market has been stable vs volatile — useful for trend traders, breakout traders, and anyone who watches risk-on/risk-off conditions. A table shows the current regime and streak length for quick reference.

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.