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The tool is highlighting the 20 day pivot highs and lows on the VIXFix tool – if you want to make the signals less sensitive increase the pivot MIN=20 values in line 7 of the formula above to make them more significant.
In Larry’s original article he uses 22 days but if you want to use 20 just change the lookback value from 22 in the HighestHigh function in line 3.