Williams VIX Fix: Formula, Bands and Pineify Setup
The Williams VIX Fix measures the distance between the current low and the highest recent close, as a percentage of that highest close. Chris Moody's CM_Williams_Vix_Fix publication attributes the idea to Larry Williams and adds threshold-based highlighting.
A large reading identifies a large downward price excursion relative to the selected reference. It does not establish that selling is exhausted or that the next trade will be profitable.




