Works best as an intraday indicator Background black & line green = Long VIX Background black & red line = No trade Background orange & line green = Consider selling Background orange & line red = Short VIX
My implementtion of VIX term roll Oscillator according to the articles below seekingalpha.com vixcontango.wordpress.com Hope it helps! Daniel
VIX Contango Oscillator as outlined in the following blog post vixcontango.wordpress.com By Daniel Xu
Useful for Rangebound stocks. I am using it with XIV , start accumulating day after circle appears. Have TP of 20% upside Average it if TP not hit on next flash