[realtraders] Gen: VIX {06}

[Candlestyk@xxxxxxx]

Hey Bob,

Here is a VIX indicator for Metastock.  It is derived from Ron's work a few 
years ago.

((C-Mov(C,20,S))/Stdev(C,20))

Insert it in a new window.  Copy and paste OEX chart in the same window.  I 
use horizontal lines of -3, -2, -1, 0, 1, 2, 3 .
After the indicator achieves +/- 1.5, watch for a reversal; of course best 
reversals are +/- 2 or greater. Reversal from one horizontal line to another, 
or one full point, with a lower (higher) close on OEX is a signal.  As with 
any idicator there are whipsaws.

Currently we have a reversal, but not a zone cross on the lines.  OEX also 
has not reversed.

RayF