VVIX Climax Detector
When fear spikes but the vol-of-vol stops paying up, the panic is usually done.
Own pane · Daily · Any chart; data comes from VIX and VVIX
What it shows
- One line: how far the VIX's stretch runs ahead of the VVIX's stretch, each scored against its own history.
- A rolling threshold line: readings above it mark climax territory.
- Markers and an alert when the divergence enters climax territory.
How it reads the market
Early in a scare, the volatility of volatility leads: convexity gets bid before the VIX itself peaks. Late in a scare, that reverses; the VIX keeps stretching while the VVIX quietly gives up. That divergence is the exhaustion tell this gauge isolates.
Settings
| Setting | Default | What it does |
|---|---|---|
| Gauge timeframe | Daily | Computed independently of the chart. |
| Z-score window | 252 bars | The history each index is scored against. |
| Climax threshold | rolling percentile | How extreme the divergence must be to count. |
Everything is an input: colors, thresholds and time windows adjust from the indicator's settings panel, no code needed.
Built-in alerts
- Climax reading on
Set them once from TradingView's alert dialog and get notified on your phone, no chart-watching required.
Comes with the membership
The whole indicator suite is included with the paid plan, $20/month or $200/year. Subscribe, submit your TradingView username, and the scripts land in your TradingView library.
Founding offer: 50% off the first year, 6 days left.
Get full accessHow to add it to your chart
- Request access above with your TradingView username (one request covers the whole suite).
- We grant it on TradingView, usually within 24 hours; TradingView notifies you.
- On your chart, open Indicators → Invite-only scripts and add VVIX Climax Detector.
Reads best when the market is already mid-scare; quiet tapes keep it silent.