- #Zerodha pi expert advisor best strategy generator#
- #Zerodha pi expert advisor best strategy pro#
- #Zerodha pi expert advisor best strategy trial#
- #Zerodha pi expert advisor best strategy professional#
But most of these other products don’t provide integration with brokers. There are some other tools for option trading available in markets like Opstra which also provides similiar feature like Sensibull. Once the target/SL is hit, they send you alerts on Whatsapp. It helps you to manage all your position from one screen and to set up your targets and stoplosses on them.
#Zerodha pi expert advisor best strategy professional#
Sensibull could be good product for someone who is just starting to trade in markets or even for professional who want a better interface to manage multiple position in options.
#Zerodha pi expert advisor best strategy pro#
Once the free subcription is over, they charge a monthly rate of Rs 800 per month for a pro plan to Rs 590 for the lite plan.
#Zerodha pi expert advisor best strategy trial#
So it is a good idea to take a free trial plan and see if it fits your needs. You can do everything on the free trial which is available on the paid plan. They provide 14 days free trial for everyone. This is kind of advisory service but for option market in India. One you make this strategy, P&L could be maintained from Sensibull and real time data is updated here.Įxpert advisor is an advisory service in Sensibull where pro option trader can share there live trades with you and you can take an monthly subcription of them. So you will buy 1 lot of 15700, Sell 2 lots of 15800 and buy 1 lot of 15900. So if you want to make a butterfly on NIFTY, you can start making the strategy. Strategy builder helps you make your own strategy on Sensibull. It also helps to inculcate better habits like trading in the spread and defined risk strategies to take care of black swan events. This platform is really helpful for someone who is just starting with options trading as it helps you to see the max profit and max loss you are taking with these trades. Once you have executed the trade, you can manage your trades or look at P&L from the position tab Sensibull. You can either create a virtual trade or Select “Trade all” to take a real position with your broker. Important information like Max loss and other information related to the trade would be provided. If you click on any trade and select “Analyze trade”, it will give you even more information about the trades Sensibull help someone who is just starting in option trading to look for risk and associated return with the strategies. If you think in absolute terms, this is an awesome return of almost 8% monthly. Because we are creating the spread, we only need Rs 20,000 in our account to make this trade.Ĥ days return – This will show the return you are making in trade in 4 days. That means, that you were thinking that the market is going to go above 15,800 and the market went in a downward direction till 15,600, still you will make the profit of Rs 401.Īpprox Capital – It is the amount of money needed to take this trade. So if you made put Spread of 1550, then the max profit 401 and the breakeven is 15544. Profit- This will be the profit this strategy would generate if your target was correct.īreakeven – This is the value about which the strategy will give money. This will give you all the important points which would be needed to take on the strategy. Once you will click, OK, there would be multiple strategies that would be visible to you. So you can directly go to Sensibull and click on Strategy wizard and input the value which we have decided on above. Your view based on your analysis is that NIFYT should close above 15,800 on expiry. Suppose that today on July 2, the market has closed at 15,722 and the expiry is on 9. I will try to explain from a point of view of someone who is a new trader in options market. Even if you don’t have account with one of these broker, you can still start a trial by your Gmail account id. It provide integration with Angel Broking, Motilal Oswal, Zerodha, ICICI Direct, Alice blue, 5 Paisa and IIFL. It provide one click integration with the major brokers in India and you can trade on them easily. The important this with Sensibull is that they provide risk defined strategies based on your views and you can take the trade based on it.
#Zerodha pi expert advisor best strategy generator#
Sensibull in simple term is an option idea generator program in which based on your views, you can generate option trading ideas.