Compute Dependencies

The Compute Dependencies option allows users to analyze how their strategy performs under varying VIX and GAP conditions. By breaking down performance metrics across different ranges, users gain insight into how strategies behave under specific market conditions, supporting selective and situational execution.

• VIX Dependency: This computes the strategy’s performance across different VIX levels, indicating which VIX ranges produce the best results for the chosen strategy. This is particularly useful for aligning strategies with volatility levels that maximize performance, helping users identify if the strategy suits calm, moderate, or volatile markets.

• GAP Dependency: This dependency measures how the strategy performs based on the SPX’s overnight GAP, defined as the difference between the previous close and the opening price on the entry day. By computing GAP dependency, users can assess how sensitive the strategy is to overnight market sentiment shifts, making it valuable for trades impacted by pre-market events.