SPXL - Buy The Panic VIX — Strategy by Kramer37
By Kramer37
Performance Metrics
- Author: Kramer37
- Symbol: AMEX:SPXL
- Timeframe: 1 day
- Net P&L: +399,036.12 USD (+4,006.86%)
- Win Rate: 100.0%
- Profit Factor: 2,204.208
- Max Drawdown: 109,999.95 USD (55.82%)
- Total Trades: 14
Description
VIX ≥ 25 = Fear - BuyVIX ≥ 32 = Max Fear - Aggressive BuyVIX ≤ 16 = Complacency - SellIndicators:Used mainly for sell confirmation:Price above EMA200 → bullish trendRSI > 65 → overboughtPrice stretched above EMA → overextendedState machine:This strategy is NOT just signals — it tracks position state:0 = no position1 = first buy (60%)2 = second buy (85%)3 = full position (100%)4 = sold half (core position)5 = reloadedScales inTakes partial profitsReloads laterPosition sizingshares_first = 60% of capitalshares_second = 25%shares_third = 15%Reload uses 80% of available cashSell = 50% of positionSell 1. Market is overbought2. Trend is strong3. Volatility is low sell_trigger (confirmed euphoria) AND RSI > 65 AND price stretched AND price above EMA200Onsly sells 50%, doesnt fully exitMax drawdown protection + Cooldown to prevent overtradingVisualsEMA linesEntry priceDrawdown levelBackground colors:Purple = extreme panicRed = panicGreen = euphoriaDashbordVIX level & zoneCurrent stateDrawdownShares heldCash availableNext actionHow it works:During a crash:VIX spikes → no buy yetVIX starts falling → BUY 60%Keeps falling → ADD 25%Extreme panic → ADD 15% (full)During recovery:Market rallies → holdVIX drops to low levels → wait for confirmationEuphoria confirmed → SELL 50%If panic returns:Reload → buy againWHY THIS STRATEGY IS POWERFULDoesn’t try to time exact bottomsUses volatility instead of price guessingScales in/out (professional behavior)Avoids emotional tradingKeeps a core position (captures long trends)