FAQs

Composite Risk Index FAQs

Does the indicator repaint?

No. The Composite Risk Index is strictly coded to execute on the bar close and uses non-repainting historical data referencing. It does not look into the future. All regime shifts are confirmed once the candle closes.

Which timeframes does it work best on?

It is designed as a macro compass, meaning it performs best on the Daily (1D) and Weekly (1W) timeframes. Intraday timeframes (like 15m or 1H) will be too noisy for evaluating structural market regimes.

Does it work on both Crypto and Stocks?

Yes! The indicator automatically detects the asset class you are trading. If you are on an equity, forex, or index chart, it uses CBOE:VIX for external volatility referencing. If you are on a crypto asset, it uses Deribit DVOL.

What exactly do the "Buy Zone" backgrounds mean?

When the index enters a deep Crisis state (Score below -1.0), the chart background is highlighted. This indicates a period of extreme, irrational market fear—often characterized by capitulation volume. Historically, buying solid spot assets during these specific windows yields the highest long-term returns. It is an accumulation signal, not a shorting signal.

How do I set up alerts for a regime change?

Simply click the Alert icon in TradingView, select the Composite Risk Index from the dropdown, and choose the "Any alert() function call" condition. This single alert will trigger a dynamic notification containing the ticker, the new regime, and the score every time the regime shifts.