For option buying use simple setup with Simple Rules
Step 3- trade when you see
Step 2- trade what you see
Step 1- Wait if You Don't See
Indicator used - 20,200SMA,PDHL,15 minute ORB
mishravikrantr
Platform used- trading view
Rules
1- Bearish view-bellow Sma 20(H&L turned Red)
2.Bullish view - above Sma 20( H&L turned Green)
3.Bellow ORB 15 (When line turned thick Solid Red )
4.Above ORB 15( when line turned Thick Solid Green)
Points to capture depends on Confluence
If Sma20 + ORB Red (Bearish trade- 60/80 point )
If Sma20+ ORB Green (Bullish trade- 60/80 point)
If Sma20+SMA200+ ORB(try to capture more then 100 Points with trailing SL)
*Points are Future points ,use Delta to calculate change in option premium*
Step 3- trade when you see
Step 2- trade what you see
Step 1- Wait if You Don't See
Indicator used - 20,200SMA,PDHL,15 minute ORB
mishravikrantr
Platform used- trading view
Rules
1- Bearish view-bellow Sma 20(H&L turned Red)
2.Bullish view - above Sma 20( H&L turned Green)
3.Bellow ORB 15 (When line turned thick Solid Red )
4.Above ORB 15( when line turned Thick Solid Green)
Points to capture depends on Confluence
If Sma20 + ORB Red (Bearish trade- 60/80 point )
If Sma20+ ORB Green (Bullish trade- 60/80 point)
If Sma20+SMA200+ ORB(try to capture more then 100 Points with trailing SL)
*Points are Future points ,use Delta to calculate change in option premium*