Vix Momentum
This script is the modified for the Indian market of the main script "Vix MTF Momentum"- by © dman103
Credit goes to @ dman103 for the script
If VIX Momentum is above 0 (MAROON) Must be careful about long position.
If VIX Momentum is below 0 (GREEN) Must be careful about short position.
It gives the idea about Divergence between India Vix and Banknifty/Nifty price.
Works well in shorter time frame also 3 min/ 5 min/15 min.
Credit goes to @ dman103 for the script
If VIX Momentum is above 0 (MAROON) Must be careful about long position.
If VIX Momentum is below 0 (GREEN) Must be careful about short position.
It gives the idea about Divergence between India Vix and Banknifty/Nifty price.
Works well in shorter time frame also 3 min/ 5 min/15 min.
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