VIX on demand?

[SBMT17]

Would it be possible to create a strategy that turns on / off based on what the VIX is at?
Would it be possible to create a strategy that flips long / short based on what the VIX is at?

[sledge]

Yes and Yes.

[SBMT17]

Awesome Sledge, that was a fast reply and thank you!
I used the search bar but couldn't find anything. Can you point anything out?

Also, shouldn't it stand to reason that if someone has a purely failing strategy, that if they ivnerted the Longs for Shorts and Shorts for Longs shouldn't it then be profitable in the MArket Replay? I've been toying around with this idea in Replay now for about 5 hours and it seems to be an absolutely false idea. I'm ust trying to figure out why....

All parameters are the same, everythings the same, I only switched Long / Short with each other in the Editor...

I look forward to your replies!!!

[sledge]

Awesome Sledge, that was a fast reply and thank you!
I used the search bar but couldn't find anything. Can you point anything out?

You need to do the multi-dataseries and add the ^VIX to your strategy.

https://ninjatrader.com/support/helpGuides/nt8/en-us/?adddataseries.htm

https://ninjatrader.com/support/helpGuides/nt7/?multi_time_frame__instruments.htm

Also, shouldn't it stand to reason that if someone has a purely failing strategy, that if they ivnerted the Longs for Shorts and Shorts for Longs shouldn't it then be profitable in the MArket Replay? I've been toying around with this idea in Replay now for about 5 hours and it seems to be an absolutely false idea. I'm ust trying to figure out why....

Right, it doesn't work like that. If you can prove us wrong, then you are onto something.

[NinjaTrader_ChelseaB]

Hello SBMT17 ,

sledge is correct, you can add a secondary series to the script and make calculations with this series, pass this to an indicator that also calls this secondary series for calculations, place orders to this secondary series, etc.

No, a reverse strategy will not always be profitable.

To understand why, I recommend using prints to understand the behavior and output from the script.
Below is a public link to a forum post on using prints.

http://ninjatrader.com/support/forum/showthread.php?p=510979#post510979

And a public link to the help guide on SystemPerformance.

https://ninjatrader.com/support/helpGuides/nt8/en-us/systemperformance.htm

[SBMT17]

Eh, I'm sure all noobies like me probably thought that at some point!! HAHAH
Well, thank you for the crumbs. I'll be going off on the trail now