1.Which indicator or setup do u use,volatility contraction pattern

 1.after continous 5 green or red candles (5 min) tf,wait for one opposite candle and initiate short straddle

2.Check if price is away from 20 ema and if it is away, it will do mean reversion.Check thisin 5 sec or 15 sec and 5 min timeframe

3.when market is making extreme compression doji in 5TF and 15TF just exit from the stradddel

4.bearish straddle+trendline break +Support(check using volume method)+Before 1:30(FII selling)

Check if any candle closed  above the last  candle rule

5.Lesson learned...never sell options if IV is less than 18. in Nifty ATM

Let the big Move happen and after that sell options during retracement

After big move ,initiate straddle

after bearish edge breakout,inintiate bearish straddle,which is 100% profitable

Options selling at 9:16 if an only if big gapup or gap down.Ifmarket open flat dont go for option selling

Volume based supply and demand zone

Dont do intraday trading when market is at 1day tf last support or resistance.There big operator comes and intraday is difficult to handle

When there is momentum both in nifty and banknifty,dont go for straddle selling for nest 2 days and when reversal will come then only go for straddle selling for iv crush

 Straddle stoploss 3500 on all days.If it goes beyond that then exit.

In expiry put a MTM based stoploss and 9000 target.

If your profit is running at 12000 and it goes below 10000 then exit all the positions.

Algorithm

1.HAs market given breakout in bigger time frame nad weekly monthly support and resistance.

Yes:then no trading day

no:take starddle

has market iv has spiked up

If yes take high qty  skewed short straddle

if no:then take less qty short straddle

Is market going to fin any strong support at the bottom

is market likely to get any reversal?

at low vix enviornment ,look for reversal trading and consolidation trading in market

Draw support resistance ebased on fibonaci 

double bottom or head and shoulder

Trendline in 15 minute and 1 hr timeframe and big time frame

1 day chart pateern to find out sentiment

cpr touch

gapup/gap down /flat opening check

yesterday low,high and closing+today's opening strong support and resistance

nifty and fin nifty support to banknifty

Vwap

confluencial trading with all indicators

previous week low and high

2nd time ema breaking is powerful than 1st time ema breaking

CD_PivotR-

//Created by CristianD

study(title="Pivot Range", shorttitle="CD_PivotR", overlay=true) 

sd = input(true, title="Show Daily Pivots?")

//Pivot Range Calculations - Mark Fisher

pivot = (high + low + close ) / 3.0 

bc = (high + low ) / 2.0 

tc = (pivot - bc) + pivot

//Daily Pivot Range 

dtime_pivot = security(tickerid, 'D', pivot[1]) 

dtime_bc = security(tickerid, 'D', bc[1]) 

dtime_tc = security(tickerid, 'D', tc[1]) 

offs_daily = 0 

plot(sd and dtime_pivot ? dtime_pivot : na, title="Daily Pivot",style=circles, color=fuchsia,linewidth=3) 

plot(sd and dtime_bc ? dtime_bc : na, title="Daily BC",style=circles, color=blue,linewidth=3)

plot(sd and dtime_tc ? dtime_tc : na, title="Daily TC",style=circles, color=blue,linewidth=3)

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ // © Stock_Warrior //@version=4 study(title="Warrior Thunderbolt Indicator", shorttitle="WTI", overlay=true) showpivot = input(defval = true, title="Show Pivot Points") showEMA9 = input(title="Show EMA9", type=input.bool, defval=true) showEMA20 = input(title="Show EMA20", type=input.bool, defval=true) showEMA50 = input(title="Show EMA50", type=input.bool, defval=true) showEMA100 = input(title="Show EMA100", type=input.bool, defval=true) showEMA200 = input(title="Show EMA200", type=input.bool, defval=true) showVWAP = input(title="Show VWAP", type=input.bool, defval=true) showBB = input(title="Show BB", type=input.bool, defval=true) prevDH = input(true, title="Show previous Day high?") prevDL = input(true, title="show previous Day low?") EMA9_Len = input(9, minval=1, title="EMA9_Length") EMA9_src = input(close, title="EMA9_Source") //EMA9_offset = input(title="EMA9_Offset", type=input.integer, defval=0, minval=-500, maxval=500) EMA9_out = ema(EMA9_src, EMA9_Len) plot(showEMA9 ? EMA9_out:na, title="EMA9", color=color.yellow, offset=0) EMA20_Len = input(20, minval=1, title="EMA20_Length") EMA20_src = input(close, title="EMA20_Source") //EMA20_offset = input(title="EMA20_Offset", type=input.integer, defval=0, minval=-500, maxval=500) EMA20_out = ema(EMA20_src, EMA20_Len) plot(showEMA20 ? EMA20_out:na, title="EMA20", color=color.blue, offset=0) EMA50_Len = input(50, minval=1, title="EMA50_Length") EMA50_src = input(close, title="EMA50_Source") //EMA50_offset = input(title="EMA50_Offset", type=input.integer, defval=0, minval=-500, maxval=500) EMA50_out = ema(EMA50_src, EMA50_Len) plot(showEMA50 ? EMA50_out:na, title="EMA50", color=color.green, offset=0) EMA100_Len = input(100, minval=1, title="EMA100_Length") EMA100_src = input(close, title="EMA100_Source") //EMA100_offset = input(title="EMA100_Offset", type=input.integer, defval=0, minval=-500, maxval=500) EMA100_out = ema(EMA100_src, EMA100_Len) plot(showEMA100 ? EMA100_out:na, title="EMA100", color=color.red, offset=0) EMA200_Len = input(200, minval=1, title="EMA200_Length") EMA200_src = input(close, title="EMA200_Source") //EMA200_offset = input(title="EMA200_Offset", type=input.integer, defval=0, minval=-500, maxval=500) EMA200_out = ema(EMA20_src, EMA200_Len) plot(showEMA200 ? EMA200_out:na, title="EMA200", color=color.lime, offset=0) // Get user input vwaplength= input(title="VWAP Length", type=input.integer, defval=1) cvwap = ema(vwap,vwaplength) plotvwap = plot(showVWAP ? cvwap : na,title="VWAP",color=color.orange, transp=0, linewidth=2) length = input(20, minval=1) src = input(close, title="BB_Source") mult = input(2.0, minval=0.001, maxval=50, title="BB_StdDev") basis = sma(src, length) dev = mult * stdev(src, length) upper = basis + dev lower = basis - dev offset = input(0, "Offset", type = input.integer, minval = -500, maxval = 500) plot(showBB ? basis : na, "Basis", color=#872323, offset = offset) p1 = plot(showBB ? upper : na, "Upper", color=color.teal, offset = offset) p2 = plot(showBB ? lower: na, "Lower", color=color.teal, offset = offset) fill(p1, p2, title = "Background", color=#198787, transp=95) //previous day prevDayHigh = security(syminfo.tickerid, 'D', high[1], lookahead=true) prevDayLow = security(syminfo.tickerid, 'D', low[1], lookahead=true) //previous day Plots plot( prevDH and prevDayHigh ? prevDayHigh : na, title="Prev Day High", style=plot.style_stepline, linewidth=2, color=color.red, transp=0) plot( prevDL and prevDayLow ? prevDayLow : na, title="Prev Day Low", style=plot.style_stepline, linewidth=2, color=color.green, transp=0) // colours for the chart col0 = #6666ff col1 = #ebdc87 col2 = #ffa36c col3 = #d54062 colD = #799351 res = input(title="Resolution", type=input.resolution, defval="D") h = security(syminfo.tickerid, res, high[1], barmerge.gaps_off, barmerge.lookahead_on) l = security(syminfo.tickerid, res, low[1], barmerge.gaps_off, barmerge.lookahead_on) c = security(syminfo.tickerid, res, close[1], barmerge.gaps_off, barmerge.lookahead_on) // Pivot Range Calculations: Fibonac0 pivot = (h + l + c) / 3.0 plotF = input(defval=false, title="Plot 0.236", type=input.bool) supp0 = (pivot - (0.236 * (h - l))) supp1 = (pivot - (0.382 * (h - l))) supp2 = (pivot - (0.618 * (h - l))) supp3 = (pivot - (1 * (h - l))) res0 = (pivot + (0.236 * (h - l))) res1 = (pivot + (0.382 * (h - l))) res2 = (pivot + (0.618 * (h - l))) res3 = (pivot + (1 * (h - l))) plot(showpivot ? pivot : na, title="D Pivot", style=plot.style_stepline, color=color.black, linewidth=2) plot(plotF ? supp0 : na, title="0.236", style=plot.style_stepline, color=color.orange , linewidth=1) plot(showpivot ? supp1 : na, title="S1", style=plot.style_stepline, color=color.orange, linewidth=1) plot(showpivot ? supp2 : na , title="S2", style=plot.style_stepline, color=color.orange, linewidth=1) plot(showpivot ? supp3 : na, title="S3", style=plot.style_stepline, color=color.orange, linewidth=1) plot(plotF ? res0 : na, title="0.236", style=plot.style_stepline, color=color.orange, linewidth=1) plot(showpivot ? res1 : na, title="R1", style=plot.style_stepline, color=color.orange, linewidth=1) plot(showpivot ? res2 : na, title="R2", style=plot.style_stepline, color=color.orange, linewidth=1) plot(showpivot ? res3 : na, title="R3", style=plot.style_stepline, color=color.orange, linewidth=1)
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 क्या है सही तरीका Open Interest और Price को मिलाकर share trading करने का?Chetan Ji's 11 Dec 2020

If break out happens with increase in open interest and volume spike,and sustained above support for two to three days,then this type of breakout becomes more power full adn in upcoming days ,ther is high chance of price hike.