Day Trading Futures

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kiran_thiru

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in futures the premium/discount will keep varying thus exerting unnecessary influence on the chart, that is why must use spot chart which shows the real situation. I use amibroker and have no knowledge of mt4. you can see if it is possible to setupup range bars instead of TF in minutes in the platform. the advantage of range bars is that each candle will complete and new will form only if the price completes the set range and is independant of time, whereas in timeframe setting of say 15 minutes, a new candle forms every 15 minutes irrespective of any price move (for ex. 1000 range in ticks is equal to 10 points and so on, meaning only if the price changes by more than 10 points, a new candle starts)
as border bhai adviced i tried to trade in options based on nifty spot. but lack of knowledge in that got minor loss.
the problem is mainly on premium. options always linked with futures. while reflecting their value with futures. but not with spot.

i noticed that the difference between spot & futures in nifty was 5 to 12 points change today. if i have a trade with 5 points difference, turned to 10 points the change was reflecting in options.

how can we handle options with spot that what linked with futures. pls any one light on this.
 
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