# CM_Williams_Vix_Fix Finds Market Bottoms

379674 views
Larry Williams Developed This Incredible Indicator. It Gives The Same Readings The VIX does for Stock Index’s…But This Indicator Works on All Asset Classes.

I Customized The Settings Slightly To Create “Percentile” Based Highlight Bars…So You May Need To Adjust Slightly For Your Asset Class. These Are The Standard Settings Shown Here. Designed For Daily Charts…But Works GREAT On Intra-Day Charts!!!

https://dl.dropboxusercontent.com/u/7718...
オープンソーススクリプト

チャートでこのスクリプトを利用したいですか？
```study("CM_Williams_Vix_Fix", overlay=false)
pd = input(22, title="LookBack Period Standard Deviation High")
bbl = input(20, title="Bolinger Band Length")
mult = input(2.0    , minval=1, maxval=5, title="Bollinger Band Standard Devaition Up")
lb = input(50  , title="Look Back Period Percentile High")
ph = input(.85, title="Highest Percentile - 0.90=90%, 0.95=95%, 0.99=99%")
pl = input(1.01, title="Lowest Percentile - 1.10=90%, 1.05=95%, 1.01=99%")
hp = input(false, title="Show High Range - Based on Percentile and LookBack Period?")
sd = input(false, title="Show Standard Deviation Line?")

wvf = ((highest(close, pd)-low)/(highest(close, pd)))*100

sDev = mult * stdev(wvf, bbl)
midLine = sma(wvf, bbl)
lowerBand = midLine - sDev
upperBand = midLine + sDev

rangeHigh = (highest(wvf, lb)) * ph
rangeLow = (lowest(wvf, lb)) * pl

col = wvf >= upperBand or wvf >= rangeHigh ? lime : gray

plot(hp and rangeHigh ? rangeHigh : na, title="Range High Percentile", style=line, linewidth=4, color=orange)
plot(hp and rangeLow ? rangeLow : na, title="Range High Percentile", style=line, linewidth=4, color=orange)
plot(wvf, title="Williams Vix Fix", style=histogram, linewidth = 4, color=col)
plot(sd and upperBand ? upperBand : na, title="Upper Band", style=line, linewidth = 3, color=aqua)```

## コメント

Hi Chris, I have found this indicator very helpful, thanks! I am wondering if it would be possible to get a rewrite of the indicator so that it shows tops instead of bottoms? Thanks for all your work and help on this site.

@ChrisMoody
Hello ChrisMoody Need your help ;i see lot of likes for this post ;something good in there; i find difficult to recognize the strategy for entry and exit ; Need your support how to make entry and exit using this strategy please explain.This will be of nice support .....

MarxBabu
Common guys explain this how it works and how to use this.

MarxBabu
@MarxBabu, is it not obvious? It marks the lows.

juzharley1
@juzharley1, it is obvious there is price burst after the green signals.

MarxBabu
@MarxBabu, Look for support and Resistance also use the RSi to see if a asset is OB/OS.

MarxBabu
@MarxBabu, no one will reply to you. Because no one has understood it. Hahaha

MarxBabu
@MarxBabu, honestly no proper entry .he need to work more v2

Hi Chris! I converted this to a strategy but the results are just too good to be true. Is this another script that only works because it 'knows' the future? Please respond!