Open interest is the tendency of an underlying to resist changes in its velocity: whether in range or Directional..
P.S. - Inspired by bank nifty's current range bound price.
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Who is ready to make Algo for me?
I will dotrading with 1.5 cr with that algo.
Implement my set up for selling option.
Eligibility criteria : You have min experience of 3 years in making algo.
Comment here.
@AnandableAnand ऑप्शन राइटर की पोजीशन ट्रेंडसेटर होती है, इसलिए नहीं कि वे जानते हैं कि बाजार कहां जा रहा है, बल्कि इसलिए कि उनके पास असीमित जोखिम है, इसलिए वे जानते हैं कि सीमित नुकसान कैसे उठाना है।
@TraderLogical@AnandableAnand Yesterday move was exactly similar to 29th april.
Both days were a friday, and gap open were 85 & 167 respectively. (Nifty)
Same strategy has given profit on 29th but loss on yesterday.
Due to 167 gap is double than 85 points and entry parameter got changed.
Starting May 2nd, brokers have to segregate collateral at client level. So funds of one client can't be used to fund another. This is an important regulatory change that makes our markets even safer. India is one of the few in the world to have this. 1/3
https://t.co/yba8zsmnbN
Rectangular range is rare in #banknifty , historically a fast directional move is there when range is broken. But enjoying the range untill its break is more imp.
Loss se dar nhi lagta..
Brokerage,
Central GST,
Clearing Charges,
Exchange Transaction Charges,
Integrated GST,
SEBI Turnover Fees,
Securities Transaction Tax,
Stamp Duty,
State GST,
API charges,
Income tax
se lagta hai.. #nifty#banknifty
#banknifty -
How a rule based entry-exit system can be dynamic?
only if elements of dynamics are input variables of system.
Those elements can be like vix, momentum etc..
On starting days of BNF weekly expiry there was tendency of price reversals on expiry days.
Same i can see for finnifty, see the previous 6 tuesday's chart there is huge reversals.
This volatility on tuesday can continue till there is low liquidity in finnifty option contract.
@TraderLogical condition(2) if current close is above last open..so this combination is short term reversal and low of combined group of candle is recent low and can be used as TSL and re-entry...2/2
@TraderLogical Idea is to find low if we find short term reversal. Consider bullish reversal: condition(1) if Last candle close is below 2nd last candle's open (it indicates price was falling) & ...1/2