Cheers for coding the low volatility market tops Nicolas, and yes one step at a time! (I also often find myself reading multiple books at the same time…)

I was wondering about the relationship between the Percentile and Vix Fix. I was expecting a mirror image of the original indicator but notice how much wider the distance is between the Percentile and IV Vix Fix when compared to the original high implied volatility market bottoms indicator that Vonasi coded?

The original indicator has 0-100% in positive integers as you’d expect but our new version has negative and positive percentile rank integers because of the scaling boundaries between -100 and +100. Which is more appropriate, 0 to 100 surely? Not quite sure how to configure the Return code to do that: 0’s , 50’s and 100’s because of the code “(PercentileRank*2)-100 coloured…” etc?

Also why does *2 at the end of the the wfv equation make data appear below the zero line?