CM Williams Vix Fix — a synthetic VIX from price alone.
wvf is how far the current low sits below the highest close of the lookback,
as a percentage: a spike means capitulation. The signal is not the level but
the breakout — wvf piercing its own Bollinger upper band, or the top
percentile of its recent range — so the histogram carries two colours and the
bands are what it is measured against.
CM Williams Vix Fix — a synthetic VIX from price alone.
wvfis how far the current low sits below the highest close of the lookback, as a percentage: a spike means capitulation. The signal is not the level but the breakout —wvfpiercing its own Bollinger upper band, or the top percentile of its recent range — so the histogram carries two colours and the bands are what it is measured against.