OPEN-SOURCE SCRIPT
UVXY Contango Rate - my quick and dirty indicator
Feel the force ... read the source.
Give you an idea of the contango headwind / backwardation tailwind that UVXY is experiencing.
Works on Daily time frame only unless you buy the VIX feed.
Give you an idea of the contango headwind / backwardation tailwind that UVXY is experiencing.
Works on Daily time frame only unless you buy the VIX feed.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.