Today explored algotest.in platform for Backtesting, few points I must mention here for traders
Pros:
1.its free for Backtesting any number of years
2. You can also configer with zeroda and your execution done through algo
@AlgoTest_in 3. Various options for strike selection
4. Momentum based entry is one of best with various options
5. Re-entry feature with many option
6. SL based on points, percentage and underlying price
7. You can combine multiple strategies in portfolio section

Rules-based Banknifty/Nifty Option selling.

Instrument: Nifty or Banknifty
Intraday trading system.

1. System entry time: 9.30 AM
2. System Exit: 3.24 PM or System level SL hit or India Vix RSI above 70 levels (3min)
3. Three times we do adjustments and 3X as initial SL Let's see the trade initiation and adjustment rules.
1. If Vix RSI is below 70 levels at 9.30 we will sell 15D put option and 20D call option (* D means Delta premium may be +-1).
2. if any option delta increases 8 points then we will do our adjustment (maximum three-time).

A thread about STBT options selling,

The purpose is simple to capture overnight theta decay,

Generally, ppl sell ATM straddle with hedge or sell naked options,

But I am using Today’s price action for selling options in STBT,

(1/n) Its work on both index (Nifty, BNF) as well some standard stock but i used only for Index on every day and Last 10 days monthly expiry i do in stocks only specific,

It’s purely STBT type’s trade sell today and buy tomorrow kind,

(2/n)

Thread on
"Intraday Banknifty Strangle based on OI data"

(System already shared, today just share few examples)
(1/n) -Trade timing after 9:45

-Check Banknifty change in OI data at 9:45, and identify the highest OI built up in call side and put side

-We will sell both strikes with combined premium as SL on both legs.
(2/n)

A Thread on Discretionary Option trading:
Intraday options selling style
Instrument is Nifty.
I am using following indicator on Nifty fut. chart for finding the market trend as well behavior
Exp. Moving avg (5 & 20)
Supertrend(10,3)
VWAP
RSI(14) set upband-60 lower band-40
ADX Timefram is 3 min, you can set as per your req. 5 or 10 min. But I used in 3 min only
I am also mark in chart PDL,PDH and PDC.
Also observing the reversal price action in chart for trend change, Only reversal PA
Along with indicator I am also use the OI data for strike selection

No more webinar,
My all knowledge is free for everyone, so please don't DM about training and workshop,
Yes welcome DM for any kind of discussion
Will share some content in YT only

I did two webinar and interacted with 110 participants, given full support in telegram to all Received few DM related broker promotion as well webinar marketing but I said to all, No promotion

I am using twitter is for knowledge exchange only.

I am not against to any one I give full respect to everyone (trader/trainer)

Few reasons to not doing training

Thread on Short straddle with adjustments:

Short straddle is non-directional strategy

Selling same strike price CALL/PUT option same underlying with same expiry.

Nifty Spot at 14353, So you can sell 14350 CE as well 14350 PE of 14 Jan. Expiry.

(1/n)

*RETWEET for max response Bullish short straddle: Selling 14400 CE and 14400 PE of same expiry.

Bearish short straddle: Selling 14250 CE and 14250 PE of same expiry.

You can sell straddle as per your market view.

If you are natural view sell CE and PE at ATM strike.

(2/n)

Guys, Sharing the setup about options buying or reversal future trading,
1. For Index trading,

Add following indicator, 21EMA, Volume chart, TF- 5,10,15, 30 Min any TF trade activated,

A kindly observed pattern like topping tail or Bottoming tail formation in a chart,
(1/n) For Long Set up:
If candle formating Bottoming tail formation below 21EMA, With good volume in any TF (5,10,15,30) then Buy single active,

Ex. Banknifty future chart, TF 10 min, 21 EMA and Vol chart

See the pattern forming, Now you can buy future or Option,

Guys,
Today I am sharing how I will filter out the stock for intraday trade,

This strategy is called "NR21-VWAP" trading,

For filtering the stock I will use NR21 + Inside bar theory (its a very old but popular theory),

Filtering stock used below screener end of the day
(1/n) Screener
chartink.com/screener/copy-…

You have to do homework at the end of the day, Run the screener and List out the stock in this screener, hardly 3-4 stock in the list,

Next day trading, Just open chart 15 min TF,
Add VWAP and Volume indicator in Chart,

(2/n)

(1/n)
How to trade in GapUp GapDown Intraday F&O Stocks,

1. Find the GapUp and GapDown stock at least more than 1%,
2. See the sectorial indices like Stock is BIOCON gap up than we see the Pharma Index and it must be bullish than we select the BIOCON for the trade, (2/n)
3. I used the following indicators,
- EMA 13 & EMA 21
- Open interest
- Volume Chart
- Time frame 15min

* Indicators will be used to confirm the trend, Mostly we focus on PRICE Action,