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)