Hello team
I want to enter CE/PE option between 15 and 25 when Close crosses above Upper BB. Please help
Hello @bill_gates
Kindly note that automatic strike selection on Streak is done by using the dynamic contract feature which selects strikes on the basis of distance from the ATM (At the money) contract. If your requirement is to automatically select strikes based on the premium of the options, then it is currently not possible on Streak.
However, as a workaround, you can refer to the below image to learn how to create the strategy conditions:
You can also refer to the strategy link here: Streak | World's first algo trading platform without coding
The strategy will check the conditions on ATM, 1 strike OTM, and 2 strike OTM current weekly CE and PE option contracts. You can add more contracts as per your requirements. An alert will be generated when the Close price is between 15 and 25 and has crossed above UBB on either a Wednesday or a Thursday.
If you have any more queries you can ask here and I’ll be happy to help. Alternatively, you can also reach out to us at [email protected]