Hi, Sir, I have a fyers user from 5years. My A/C Id XA28560. 1st thanks for Great innovation and development. I have some quiry about a strategy which want to built in automated but how it’s created not understand. I make a long straddle on index (any nifty/sensex) at ATM or OTM when both legs price are same or mild difference (Ex. Both CE and PE Price Rs. 100 or One leg Rs.100 and other Rs.105, Approx total price of both leg Rs.200 or Rs.205) And both leg execute at same time entry. Is it possible to create on Automate trading system ? If possible how did it make please explain. Thank you.
Hi @kumar_mondal , Currently we don’t have the ability to create an automation by checking the prices of the legs, this feature will be available by the end of this month. Currently you can set it up such that the automation enters a straddle based on any specific trigger in the underlying, example when directional index is less than 15 for Nifty, which could be an indication of lower volatility.
yeah same question entry exit stategy based on combine premium of legs.
If I set two condition, 1. Price Above and 2. Price Below. If price above ₹100 then buy or price Below ₹110 buy, then what happen ? Two legs of Ce and Pe buy at same time between this price?
Hi @kumar_mondal @113186784791901686336 the ability to do this action based on premiums is coming this friday! Stay tuned.
any update?
@kishore.krishna.smbvl2u4 any update about this
Hi Shubha, yes, you can do this now. You can prompt FIA in automate to specify your entry and exit combined premium conditions.
How kindly describe the process and
is it available in mobile app ?
Hey @113186784791901686336 , you can find the detailed process in the YouTube video linked below. Currently, this feature is not available on the mobile app.
If you’re facing any difficulty, please share your Client ID with us. Our team will get in touch with you and help you out.
