PROTECTED SOURCE SCRIPT

Strangle Mover

Cập nhật
Strangle Mover is an indicator especially made for option writer / seller who wants to do strangle and adjust the position based on the market trend / movement. It can be use for iron condor strategy too.

Settings: User must know the settings of the indicator before using.

First one is Option Strike Difference, user need to enter the correct option strike difference of the particular instrument / stock / indices, one can get it from option chain. For example, Nifty having 50 points differences in each option strike and bank nifty having 100 points. So, Nifty user must enter 50 and Bank nifty user must enter 100 in this setting.

Second is strangle distance multiply, user can choose the distance from the trend price. For example, nifty user selects 3, strangle line starts showing (3*50) 150 points away strike from the trend area.

Third is Length, default value is 20 which generally used in vwma, donchian channel and other trend finding indicators. User can change if need.

Note: Option Strike Difference and Strangle Distance Multiply is very important setting to use this indicator.

User must do adjustments based on their own risk and strategy. This indicator is only for education purpose.
Phát hành các Ghi chú
Label Location changed for CE and PE
adjustmentsIRONironcondoroptions-strategystranglestranglesTrend Analysis

Mã được bảo vệ

Tập lệnh này được xuất bản mã nguồn đóng và bạn có thể sử dụng một cách tự do.

Bạn muốn sử dụng tập lệnh này trên biểu đồ?


Ngoài ra, trên:

Thông báo miễn trừ trách nhiệm