how to do option price range entery based on future chart or spot chart

how to do option price range entery based on future chart or spot chart

how to do option price range entery based on future chart or spot chart


we can enter in option based on  FIXED price range  Through @bnfgroup1 or @bnfgroup2

1>let us suppose  if future of spot  chart gives buy  signal then buy call option  155 rs price range and when short signla comes buy put option165 rs price range


To use price range we will use @bnfgroup1 or @bnfgroup2   and to use atm+/-   we will use @bnfgroup8 or @bnfgroup9 in mulltiscirpt formula

first create some dummy scirpt liek @scirpt     example  @banknifty1  


Tthen add BUY AND SHORT formula  for @banknifty1 in  multiscirpt formula



THEN define @bnfgroup1  file for buy and short 






NOTE - DONT forget to selct  place mulitscirpt order button
NOTE-@BNFGROUP1 WILL EXIT OLD POSTION WHILE @BNFGROUP2 WILL ADD ONLY NEW POSTION IF  YOU PRESS SHORT SHORT SHORT BUTTOIN ON @BANKNIFTY1   OR BUY BUY BUY BUTTON ON @BANKNFITY  BUT BOTH GROUP WILL EXIT OLD POSTOIN AUTOMATICALY ON REVERSAL SIGNAL....BUY AFTER SHORT   OR SHORT AFTER BUY

NOTE-YOU CAN ALSO DEFINE LIKE            BUY:ATM/3:CE:29/05/2025 It means it will buy call option having value  ATMCALL/3 


now open banknifty1  buy short chart in amibroker or mt4  and do symbol mapping   @banknifty1,  when ever buy short singla will come it will trade  as per ur formula file defined


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