General Trading Chat

[copypasteaee]

Comparing 7200 pairs this series and previous. Interesting It may be ITM at some period ATM at other series. ITMs are worth more than ATMs

ATM always remain the lowest.

 

[copypasteaee]

_SECTION_BEGIN("NIFTY PAIRS AUTOMATED");
SetChartBkColor(colorBlack);
//initialize params
StartValue = 0;
i=1;

// choose the script whose pairs are to be plotted
script = "NIFTY";
scriptf = script +"-1"; // required to find corresponding future script to find start value automatically


// choose number of pairs required
StepNos = Param("No of Steps",5,3,7,1);

// strike price step selection

step = Param("NIFTY option strike step value",100, 50,100,50);


///// Need to work out automatic startup value depending upon script and last traded price.

// calculating the start value
m = BarCount-1;

g = Foreign( scriptf, "C" );
OptValue = (round(g[m]/100)*100);

//StartValue = Param("Start value", 54.5, 48, 7000, step); // need to automate this value
StepNos = Param("No of Steps",5,3,7,1);
StartValue = OptValue - (floor(StepNos/2) * step );
FinalValue = OptValue + (floor(StepNos/2) * step );

printf(NumToStr(StartValue)+"\n");
printf(NumToStr(FinalValue)+"\n");

	Huest = Param("Hue Start", 0, 0, 255, 1) ;
	Hueed = Param("Hue End", 255, 0, 255, 1) ;
	Huediff = (Hueed - Huest)/ StepNos;


for ( j = StartValue; j <= FinalValue; j=j+step)
{
i=i+1;
k = NumToStr(j,4.0,separator=False);

//
C1 = Foreign( script+k+"C-1", "C" );// change as per broker name
C2 = Foreign( script+k+"P-1", "C" );// change as per broker name

//// for EOD Database Nifty
//C1 = Foreign(  scriptf+"_"+k+"_C", "C" );
//C2 = Foreign( scriptf+"_"+k+"_P", "C" );

Clr = ColorHSB(i*Huediff, i*Huediff/3*2, 255) ;

Pair = C1 + C2;
Plot (Pair, "\n"+"Pair"+k, Clr,styleLine);
}
_SECTION_END();

 

[Fundootrader]

Thanks a lot to know that it is possible if one has access to dealer terminal.

Please throw some light on the required certificates.

On the topic of automation, I do see brokers mentioning excel based trading - isn't that automated

Say NEST to excel - keep monitoring the levels and then trigger trade - At least in ads from data providers/bridge providers they mention trade placement - does that also require certification - or will that fall under semi automated

I'm assuming these bridge providers will be using NEST API for this trading

 

[gmt900]

hello gmt interested in options as always

Naked short selling strategies I think you know it. May be you can teach us something too.

Hi lemondew,
I wish I could teach you something. But I am still struggling. I am trying to learn how to manage short trades as per the market movements. Quite often, one of the legs goes ITM and then I find it difficult to steer the trade.
If and when I do have something to share, I will certainly do it.

 

[lemondew]

All the best sir I am also learning.

Trying to manage delta when it is running wild seems tough. In such cases we are always hoping there we ll be a reversal and we profit. I guess all short trades are based on assumption market cannot go up in straight line or come down in straight line and we have to hang around till a temporary relief.

Hi lemondew,
I wish I could teach you something. But I am still struggling. I am trying to learn how to manage short trades as per the market movements. Quite often, one of the legs goes ITM and then I find it difficult to steer the trade.
If and when I do have something to share, I will certainly do it.

 

[333]

Market may Jump on Monday. Courtesy: Make in India summit Mumbai Stocks in radar Tata steel,Hero Motocorp,Ajanta pharma

Market will jump and may hit 7400 before friday.Jaise gire aise charenge

Just guess not trading call

 

[lemondew]

fire in made in india event
http://indianexpress.com/article/in...in-india-maharashtra-night-girgaum-chowpatty/

Market will jump and may hit 7400 before friday.Jaise gire aise charenge

Just guess not trading call

 

[333]

Market may Jump on Monday. Courtesy: Make in India summit Mumbai Stocks in radar Tata steel,Hero Motocorp,Ajanta pharma

Tata steel 8% up whoa

 

[niftytraps]

Tata steel 8% up whoa

Experts its this a break away gap in daily ?
if so then we may start new uptrend from here weekly 200DMA, WEEKLY MODI win candle support.

 

[pratapvb]

could be one way uptrend day with few shallow dips

7131 -1SD5day (7135 VAL5) a major res
+1SD2 7167 (7170 VAH2)

once these clear it could become stronger

7111 h2 resistance already cleared