Hi team,
I want a strategy where I can enter a Nifty ATM CE on a given time say at 9:30 in the morning and want to exit when Nifty underlying either moves up by 50 points or moves down by 50 points
Can you please help me write this strategy? Thanks in advance.
Hello @surya_patel
You can refer to the below image to learn how to create the example strategy conditions:
You can also refer to the strategy link here: Streak | World's first algo trading platform without coding
The strategy will generate an entry alert on the current weekly Nifty 50 ATM CE option (long position) at the close of the 09:29 minute candle i.e. at 09:30 AM.
Moreover, we have kept a High SL and TP value so that an exit alert is only generated when the Close crosses above the ‘close price of the 15th one-minute candle of the day(09:29 candle) plus 50 points’ or when the Close crosses below the ‘close price of the 15th one-minute candle of the day(09:29 candle) minus 50 points’.
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]
Check out this Free Options Screener by STREAK: https://scanners.streak.tech/scanner/nifty-500-top-gainers.
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