JPMorgan VIX Buy Signal
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// Please use this on the VIX, DAILY CHART ONLY!
// © TsangYouJun

//@version=5
indicator("JPM VIX Buy Signal", overlay = true)
jpm = (close / ta.sma(close, 30)) >= 1.5
plotshape(jpm, style=shape.triangleup, location=location.abovebar, color=color.red, size=size.tiny)