$VIX - Chart Link - Here's a system that we've been using at BPT for the last few years, it involves using Bollinger Bands on the VIX. The system gave a buy signal on June 4th on Monday, and clearly this has provided a nice bounce! The system gives about 90% winning trades. The rules are listed on the chart.
The signal was triggered on Monday via a close of the VIX back inside the upper Bollinger Band. Last Friday the VIX closed outside the Bollinger Band and was your trigger to watch for a close back inside the upper band to provide the trigger, which of course occurred on Monday.
No comments:
Post a Comment