VixFix Indicator for cTrader

Catch Market Panic Before It Hits the News.

This VixFix indicator is a smart adaptation of Larry Williams’ classic “VIX Fix” concept—designed to help traders detect short-term fear and volatility spikes, especially useful in identifying potential market bottoms.

How It Works

• Calculates a pseudo-volatility spike by comparing the recent low to the highest high over a configurable period (default: 12).
• Applies a moving average and standard deviation envelope to separate signal spikes from normal noise.
• Plots red histogram bars when volatility exceeds the threshold—your cue to start paying attention.

Features

• Clean histogram display (non-overlay)
• Two-color plot:
• • Red = Signal (volatility spike above threshold)
  • Gray = Normal activity
• Adjustable periods and sensitivity factor
• Zero indicator lag—uses raw price action only, no repainting

Use Cases

• Spot potential reversals in downtrends
• Time mean-reversion trades
• Confirm oversold conditions without relying on RSI or other laggy tools