Decision Recipes

Comparing VIX Properties

Comparing VIX properties allows you to make decisions based on the VIX’s value before moving through the automation. Here is how to use it.
Comparing VIX Properties
Steve Henry
May 24, 2021

The decision recipe for comparing VIX properties has two inputs:

  • Above / below
  • Value

This decision recipe allows you to make decisions based on the VIX’s value before moving through the automation.

Screenshot displaying the decision recipe for comparing VIX properties

You simply define if the VIX is above or below a specific value you manually input for this decision recipe. When you have finished creating the recipe, select “Save.”

Screenshot highlighting the save button following the decision recipe inputs

NOTE: You can also create a custom input for the value, which allows you to input the field later to make the decision recipe dynamic across all automations.

The decision will be added to the list of criteria. You have the option to add more decisions to the recipe or return to the automation editor. When finished, select “Save” again to return to the automation editor.

Screenshot highlighting the save button to return to the automation editor

The automation editor will display your completed decision criteria for comparing VIX properties.

Screenshot highlighting the decision recipe within the automation editor

You can always select the decision inside the automation editor and make changes to the criteria.

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FAQs

Why would I want to check the VIX level? 

This allows you to determine the level of volatility present in the overall market at this time.

Can VIX levels effect a trading system?

Yes, some systems will work better in a high volatility environment where others will work better in a lower volatility environment.

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