From f23c0e47c394e76145bd1db0d1346cdf044f254c Mon Sep 17 00:00:00 2001
From: moshferatu <gitea@steveharris.sh>
Date: Tue, 31 Oct 2023 09:55:36 -0700
Subject: [PATCH] Add inverse VIX term structure indicator

---
 inverse_vix_term_structure.pine | 14 ++++++++++++++
 1 file changed, 14 insertions(+)
 create mode 100644 inverse_vix_term_structure.pine

diff --git a/inverse_vix_term_structure.pine b/inverse_vix_term_structure.pine
new file mode 100644
index 0000000..0e01773
--- /dev/null
+++ b/inverse_vix_term_structure.pine
@@ -0,0 +1,14 @@
+// Credit to @keberos007.
+//@version=5
+indicator("Inverse VIX Term Structure", shorttitle = "Inverse VIX", overlay = false)
+
+vix = request.security("VIX", "D", close)
+vix6m = request.security("VIX6M", "D", close)
+
+vix_ratio = vix6m / vix
+
+fastEMA = ta.ema(vix_ratio, 7)
+slowEMA = ta.ema(vix_ratio, 12)
+
+plot(fastEMA, color = color.blue)
+plot(slowEMA, color = color.red)
\ No newline at end of file