Arambhik's Option Buyer Trend

26 Tem

📈 Arambhik's Option Buyer Trend
Crafted for Intraday Option Buyers | Precision. Logic. Control.
This advanced trend-following tool helps option buyers capture directional momentum using layered confirmations and adaptive risk management, fine-tuned for the Indian derivatives market.

🔍 Core Features
🔵 Primary Trend Detection: Built with JMA & Kalman Filter for smooth trend recognition.

⚡ Two-Step Entry Validation: Confirms entries using dual ADX logic (on both option chart and underlying).

🧠 Smart Market Mode: Automatically detects market condition (Volatile / Slow) using India VIX and adjusts strategy logic.

🧮 Dynamic Risk Control: ATR-based Stop Loss with 3 Reward Targets (TP1, TP2, TP3) and ADX-guided trailing stop climb.

🟣 Optional Exit Logic: Especially effective in slow markets to protect mid-trend gains.

📊 Visual Aids: Clean plotting of Entry, SL, TPs, and Trailing SL along with real-time profit/loss labels.

🔔 Alerts: Alerts for Entry, Exit, Profit Booking, and Stop Loss for better automation.

🛠️ Usage Guide
Apply on: NIFTY/BANKNIFTY Option CE/PE charts

Chart Selection:
▸ At The Money (ATM) — recommended
▸ Up to 2 strikes In The Money (ITM)
▸ Or up to 4 strikes Out Of The Money (OTM)

Timeframe: 3-minute (recommended)

Settings Reminder:
☑️ Be sure to set the correct underlying (e.g., NIFTY or BANKNIFTY) in the indicator settings.
☑️ Set the ADX values for the option and underlying market as per your preference—the default values are optimized and good enough for most users.
☑️ Keep all other settings unchanged (default) for best results.

⚠️ Disclaimer
This indicator is for educational purposes only. The author is not SEBI registered. Please paper trade or backtest thoroughly before using it live. Use at your own discretion and risk.

27 Tem

Sürüm Notları

Minor Bug fix

27 Tem

Sürüm Notları

Minor Bug Fix

28 Tem

Sürüm Notları

Minor Bug fix

28 Tem

Sürüm Notları

Minor Bug Fix