OPEN-SOURCE SCRIPT

NIFTY Option Buy Strategy MASTER v1

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This script is a complete option buying strategy framework for NIFTY, designed for both intraday and positional swing trades.

🔹 Built using multi-timeframe analysis (EMAs, MACD, RSI)
🔹 Combines key macro filters: India VIX, PCR, FII/DII net cash flows
🔹 Supports both Call (CE) and Put (PE) entries
🔹 Includes manual input dashboard for real-time market context
🔹 Trade logic includes:

Bollinger Band breakouts

Volume confirmation

VWAP filtering

EMA crossover + MACD alignment

Resistance/support proximity from option chain (manual)

📈 Smart Trade Management:

Multi-target system (e.g., exit 50% at RR=1, 50% at RR=2)

Trailing stop-loss after target 1 hits

Automatic exit on SL/TP or reverse signals

Visual markers for all entries, exits, and stops

📊 Built-in Dashboard:

Displays India VIX, PCR, FII/DII flows, and S/R levels

Strike price selection (ATM + offset logic)

🧪 Ideal for backtesting, alerts, and real-time execution.
Can be used with alerts + webhook for automated trading or signal generation.

⚠️ Note: This script is for educational purposes only. Always test on paper trading before going live.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.