Volatility (fear) & Momentum (speed and direction)

Part 1: The Vix-Fix Wave (Measuring Fear)
This section helps you identify moments of extreme market fear, which are often the best times to look for buying opportunities.
Visual Elements:

• Purple Line (The Vix-Fix Wave): This is the most important line here. It's a "fear gauge."
  
• When it's HIGH: It means the market has recently dropped hard and fast. Fear is high, and sellers might be exhausted.
  
• When it's LOW: It means the market is calm and there is little fear.
  
• Gray Circles (Upper Band): This is a statistical "extreme" level for fear. Think of it as the redline on a tachometer. When the purple line goes above these circles, it signals that fear has reached a critical level.
  
• Gray Crosses (Percentile High): This is another, slightly different way to measure an "extreme" fear level. Your strategy uses either the circles or the crosses to define an extreme.
  

How to Read the Vix-Fix Signal:
The real magic happens not when fear is at its peak, but when it starts to fade. The WhaleFusion strategy looks for this exact moment:

1. The purple line (fear) goes ABOVE the gray circles or crosses. (This means "Panic is here!").
   
2. Then, on a later candle, the purple line drops back BELOW the circles and crosses. (This means "The panic is subsiding, and buyers may be stepping in.").
   

This sequence is what generates the filteredFE and aggrAE signals that contribute to your scoreLong in the main strategy.

Part 2: The Squeeze Momentum (Measuring Speed & Direction)
This section shows you the market's underlying momentum. Is the trend strong? Is it weakening? Is it about to reverse?
Visual Elements:
Teal/Red Line (Momentum): This line shows you the direction and strength of the current price move.
Above the Dashed Zero Line: Bullish (upward) momentum is in control.
Below the Dashed Zero Line: Bearish (downward) momentum is in control.
The Color: The color tells you if it's stronger than its average.
Teal: Bullish momentum is leading.
Red: Bearish momentum is leading.
Yellow Crosses (The Signal Line): This is a simple moving average of the Momentum line. It's a "slower" version. Crossovers between the fast (Teal/Red) line and the slow (Yellow) line are important.
When the Teal/Red line crosses ABOVE the Yellow crosses, it's a bullish signal.
When the Teal/Red line crosses BELOW the Yellow crosses, it's a bearish signal.
Light Teal/Red Background (Momentum Direction): This is a very useful leading indicator. It simply shows if the main Momentum line is rising or falling on the current candle.
Light Teal Background: Momentum is increasing (accelerating).
Light Red Background: Momentum is decreasing (decelerating). For example, you might see a strong Teal momentum line that is still high, but the background turns red. This is an early warning that the bullish run is losing steam.

How to Use Them Together (The "WhaleFusion" Logic)
The strategy becomes powerful when these two components align.
A High-Quality Long Signal: You would look for a situation where the Vix-Fix just signaled that fear is subsiding (purple line drops below the gray markers) AND the Squeeze Momentum is either crossing up through the zero line or is already strongly positive (Teal line with a Teal background). This combination means you are potentially "buying the dip" just as strong momentum is confirming the new upward direction.
A Warning Sign: If the Vix-Fix gives a buy signal (fear is fading) but the Squeeze Momentum is still deep in the red and falling, the strategy will likely not take a trade. This indicates that even though there was a panic, there is no upward momentum yet to support a new long position.