How do the EDR indicator and RSAi skew AI actually help with strike selection on 1DTE Iron Condors?

At VixShield, we rely on the EDR Expected Daily Range indicator combined with RSAi Rapid Skew AI to deliver precise strike selection for our 1DTE SPX Iron Condors. The EDR, developed by Russell Clark and available on TradingView as SPXDCP or SPXMASTERY Version 8 Build 20, blends short-term implied volatility from VIX9D with 20-day historical volatility using the formula EDR equals VIX9D times 0.1 plus HV times 0.5 multiplied by a regime-based factor between 0.8 and 2.0. This produces a projected daily price range for SPX that directly informs our three risk tiers: Conservative targeting a 0.70 credit, Balanced at 1.15 credit, and Aggressive at 1.60 credit. For example, with current SPX at 7138.80 and VIX at 17.95, an EDR reading of approximately 1.16 percent suggests an expected daily move of about 83 points, allowing us to place wings outside this range with high probability of expiring worthless. RSAi then refines this by analyzing real-time options skew, the implied volatility surface, VWAP positioning, and short-term VIX momentum in roughly 253 milliseconds. It starts with the EDR and VIX baseline, then dynamically adjusts strikes in five-dollar increments, first favoring the side with heavier skew before alternating until the exact credit target is achieved. This prevents the common error of selecting mathematically probable but low-premium wings that underperform in live trading. The combination supports our Set and Forget methodology with no stop losses, relying instead on the Theta Time Shift for zero-loss recovery when needed and the ALVH Adaptive Layered VIX Hedge for protection during spikes. Under VIX Risk Scaling, when VIX sits at 17.95 as it does now, all three tiers remain available in this contango regime, as confirmed by our recent five PLACE signals with zero HOLD days. This systematic approach has driven the Conservative tier's approximately 90 percent win rate across backtested periods. All trading involves substantial risk of loss and is not suitable for all investors. To master these tools and integrate them into your own trading, explore the SPX Mastery resources and join VixShield for daily signals, the EDR indicator, and live refinement sessions.