About this template
Disclaimer: This is a Long Vol bot and meant to be used in conjunction and as a hedge with short DTE short Vol bots.
Meaning: this bot will lose on most days statistically speaking.
Based on Trade Busters ERN 5.0 Long Vol strategy
Entry Time: 9:45
Entry Day: M-Thu
15 < VIX < 25
Buy a 1 DTE 10DP/50DP/50DC/5DC Iron Butterfly
No Stop Loss and for this reason should only be traded on Cash Settled Instruments (i.e. XSP). Initial sizing of $20K Allocation with a total 5% (2.5% per side). Keep sizing small in relation to short volatility bots
Version 3-4:
Combines ERN 5.0 V1 with ERN Strangle Friday-Only Entry at 60% Net Liquid.
Each strategy is toggle able in settings to turn On/Off as desired