The VXX still is not fixed as of 4/13/22 and ZoneTraderPro has created 3 new template files that do not use VXX. Instead they use SVXY and UVXY. There will be a video out shortly. The most current template is named ZtpVixLogicRealTimeVvixV4. Here is a short description of each. It is important to remember that VXX, UVXY, SVXY, make up 1/6 of the weight of the BloodHound Template output.
VXX
As of 4/13/22 the VXX remains broke. If you want to read why, please check out my last blog post. This is an exchange traded note (ETN), not a fund (ETF). The ETN offers exposure to futures contracts of specified maturities on the VIX index and not direct exposure to the VIX index or its spot level.
SVXY
SVXY provides inverse exposure to an index comprising first- and second-month VIX future positions resulting in a weighted average maturity of one month. The fact that this is an inverse was accounted for in the new template. This is an ETF.
UVXY
UVXY provides 1.5x leveraged exposure to an index comprising first- and second-month VIX futures positions with a weighted average maturity of one month. It is important to understand that there is more leverage in UVXY. This is an ETF.
ZoneTraderPro does not have a preference for which file may be better than another. The suggestion is that you back test all the templates to determine which is best for your trading plan.
INSTALLATION
Download the new VIX File
Right Click and Save As the zip file containing the BloodHound Templates.
These files are unzipped into a folder. Then you have to move them to BhoodHounds’ NinjaTrader folder, and the location is shown below. DO NOT try and import them as a vendor assembly.
NOTE: The file was updated 4/13/2022.
The files are the SharkIndicators BloodHound template files. You need to place these in the BloodHound folder once they are unzipped.
The picture on the right shows that path.
Very Important
You must connect to Kinetick first when you start NinjaTrader. After starting NinjaTrader, you need to make sure you have no preferred connections under TOOLS-OPTIONS-MARKET DATA.
Then you need to tell NinjaTrader to add the symbol ES ##-##. You only do this one time. Start a reguler ES chart and change the symbol from ES 06-22 (or currect) to ES ##-##
Always connect to Kinetick 1st when starting NinjaTrader
Adding The Necessary Symbols - VERY IMPORTANT
Go the TOOLS Menu and choose INSTRUMENTS and click ADD
You are going to add 6 symbols
- VIX9D
- VVIX
- VXX
- VXN
- SVXY (NEW)
- UVXY (NEW)
VIX9D
Name the master instrument VIX9D
The instrument type is INDEX
You need to put the name of the exchange. Put CBOE.
You need to tell Kinetick where to find it. VIX9D.XO
VVIX
Name the master instrument VVIX
The instrument type is INDEX
You need to put the name of the exchange. Put CBOE.
You need to tell Kinetick where to find it. VVIX.XO
VXX
Name the master instrument VXX
The instrument type is STOCK
You need to put the name of the exchange. Put DEFAULT
You need to put the TRADING HOURS. Put US EQUITIES ETH
You need to tell Kinetick where to find it. VXX
VXN
Name the master instrument VXN
The instrument type is INDEX
You need to put the name of the exchange. Put CBOE
You need to tell Kinetick where to find it. VXN.XO
SVXY (NEW)
Name the master instrument SVXY
The instrument type is STOCK
You need to put the name of the exchange. DEFAULT
You need to tell it the trading hours. US EQUITIES ETH
You need to tell Kinetick where to find it. SVXY
UVXY (NEW)
Name the master instrument UVXY
The instrument type is STOCK
You need to put the name of the exchange. DEFAULT
You need to tell it the trading hours. US EQUITIES ETH
You need to tell Kinetick where to find it. UVXY
Add these symbols to the Instrument List
Go to TOOLS and choose INSTRUMENT LISTS
- VIX9D is placed in INDEXES
- VVIX is placed in INDEXES
- VXX is placed in SP500
- VXN is placed in INDEXES
- SVXY is placed in SP500
- UVXY is placed in SP500
Click INDEXES and then ADD. You will receive a popup and then start typing VIX9D. When the symbol comes up, click it and add it to the list. Do the same thing for VVIX and VXN.
Click SP500 and then ADD. You will receive a popup and then start typing VXX. When the symbol comes up, click it and add it to the list. Do the same thing for SVXY AND UVXY.
NinjaTrader Instrument Manager for Vix Setup
In this video we look at adding the VIX9D symbol to NinjaTrader and setup of the BloodHound Charts