Not familiar with VIX indicator and I had a quick browsed from the google about it. Looks like there is really something especial about it. Accdg
here,
VIX indicator is a real-time market index representing the market's expectations for volatility over the coming 30 days. If this is the case, then Warren Buffet can be true to his statements.
Hence, I am using different indicators and luckily I still got some profits. Though, not that huge like Buffet does but at least, I am gaining.