UnderwearMillionaire

UnderwearMillionaire Updated 

Volatility Trades Do you trade symbols such as SVIX, VXX, UVXY or even UVIX? These are all volatility trades either long or short. I have come up with an indicator that I use to keep myself on the right side of volatility. It is also a good measure of RISK-ON/RISK-OFF. Where am I in the Volatility Trade? Full disclosure I am long volatility. It has not...

UnderwearMillionaire

What is the RSI Color Extremes Script? The RSI Color Extremes Script is a different take on the traditional RSI. With a shorter period setting, short-term trends and extremes can be detected. How is RSI Color Extremes different from the traditional RSI and Connors RSI (CRSI)? While the traditional RSI is 14 periods, the default setting for this script...

UnderwearMillionaire

This is for going long UVXY or VXX. I am fine-tuning on systematic approach to trading long volatility. I have back tested the rules below with great results! Please comment and share your thoughts. I traded this several times recently and have done well with it. It is fade-it or half-life approach; decaying position or reverse pyramid, since the underlying...