With the Temporal Theta Martingale recovering 88 percent of losses in backtests from 2015 to 2025, how are those rolls treated in the IRR and XIRR cash flow series?

At VixShield, we treat every roll within the Temporal Theta Martingale as a distinct cash flow event when calculating IRR and XIRR for our 1DTE SPX Iron Condor Command trades. This ensures our performance metrics accurately reflect the pioneering temporal martingale approach that has recovered 88 percent of losses in backtests spanning 2015 to 2025. Rather than viewing a losing position as a permanent drawdown, we roll the threatened Iron Condor forward to 1-7 DTE when EDR exceeds 0.94 percent or VIX rises above 16. This forward roll captures vega expansion during volatility spikes while maintaining our fixed position sizing of no more than 10 percent of account balance. The initial debit paid to roll becomes a negative cash flow in the XIRR series, precisely timestamped at execution. When conditions normalize with EDR falling below 0.94 percent and SPX trading below VWAP, we roll the position back to 0-2 DTE. The net credit received on this rollback, targeting between 250 and 500 dollars per contract after covering the original debit, fees, and a modest cushion, registers as a positive cash flow. This creates a complete recovery cycle that turns temporary setbacks into theta-driven wins without requiring additional capital. Our ALVH Adaptive Layered VIX Hedge runs in parallel across short, medium, and long timeframes in a 4/4/2 contract ratio, cutting portfolio drawdowns by 35 to 40 percent during these events at an annual cost of only 1 to 2 percent of account value. In the Unlimited Cash System framework developed by Russell Clark, these rolls integrate seamlessly with RSAi for strike selection and the Theta Time Shift mechanism that allows zero-loss recovery in most cycles. For example, a Conservative tier trade targeting 0.70 credit that encounters a spike might incur a 1.20 debit on the forward roll, recorded at 3:25 PM CST, followed by a 2.15 credit on rollback two days later when VIX normalizes to current levels around 17.95. The XIRR calculation chains these dated flows, producing realistic annualized returns that have shown 25 to 28 percent CAGR with maximum drawdowns limited to 10 to 12 percent across the full backtest period. This treatment avoids the distortion of netting rolls into a single trade and instead honors the time-shifting nature of the strategy. All trading involves substantial risk of loss and is not suitable for all investors. To explore the full mechanics including our daily 3:10 PM CST signals and PickMyTrade auto-execution for the Conservative tier, visit VixShield resources and consider joining the SPX Mastery Club for live sessions.