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Algostra

Scheduled Pinned Locked Moved Ask Definedge Team (Subject related)
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  • N Offline
    N Offline
    NILESH THAKKER
    wrote on last edited by
    #1

    Hi team
    trying to create strategy in Algostra in Option Strategies Payoff & Option Chain not able to get option trading selection under exchange tab. Screen shot.PNG

    1 Reply Last reply
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  • Prasiddh Shroff Offline
    PrasiddhShroffP Offline
    Prasiddh Shroff

    Definedge

    wrote on last edited by
    #2

    Hello Sir, in the Payoff and Option Chain section, you only need to select the underlying, not the individual option. You can then create custom option strategies in the section below with up to six legs.

    N 1 Reply Last reply
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  • N Offline
    N Offline
    NILESH THAKKER
    replied to Prasiddh Shroff on last edited by NILESH THAKKER-1737911070141
    #3

    @Prasiddh Shroff
    Hi can you help me

    Want to create the strategy with Nifty Option Trade -

    Entry Rules

    1. If Nifty Option ATM - at 9:30 if it is above the 10 , 20 & 30 and the average is bullishly alligned.
    2. Should look for PUT Sale where there is DBS in P&F Chart below 10 period moving average

    Exit Rules
    With a stop loss of :
    a. DTB on option chart above the average line
    or
    b. Breakdown of TOI Bullish allignment.

    Target 70% of the profit

    and if can add Trailing SL will be great

    1 Reply Last reply
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