Using trading indexes for trade entry and exit confirmation 

In the recent NinjaTrader Ecosystem webinar, “Trade Entry and Exit Confirmation Techniques Using Indexes,” Chris Knox of Zone Trader explained basics of the options market and why options allow for tradable trends in the futures markets.

When Knox began his trading journey in 2006, he noticed repeating patterns in price action. When NinjaTrader opened volume metric charts in 2017, Knox created an order flow suite based on patterns there. In 2019, he continued to develop his product with unique tools that involve Cumulative Delta divergences, volume analysis showing accumulation/distribution, and a tool called Delta Strength. During the pandemic in 2020, Knox learned how important it was to track and follow options.

Zone Trader Pro is a combination of:

• Price patterns
• Order flow patterns
• Real-time divergences (3 types covered in full presentation)
• Volume analysis
• VIX index analysis

Options basics 101: What is the VIX index?

$VIX is the ticker symbol for the Chicago Board Options Exchange’s Volatility (VIX) index, a common measure of the stock market’s expectations of volatility based on S&P 500 index options. It’s calculated and distributed on a real-time basis by the Chicago Board Options Exchange (Cboe) and is often referred to as the fear index or fear gauge.

Knox goes in depth on trading indexes and options in the full presentation. Watch a sample clip here:

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