Options Astra Strategy with Greeks by Pooja

Description

Options Astra Strategy with Greeks by Pooja

Options Astra Strategy with Greeks by Pooja is a rule-based intraday options analysis system for option premium charts.
It combines price action, trend structure, and option Greeks with candle-confirmed signals to reduce market noise.
The script is intended for educational and analytical use only.

🎯 Purpose of the Strategy

The primary purpose of Options Astra Strategy with Greeks is to help traders:

• Understand directional bias in option premiums
• Identify high-probability trend continuation or reversal zones
• Analyze trades with the help of Delta, Gamma, Theta, Vega, IV behavior
• Maintain structured decision-making instead of emotional or impulsive entries
• This strategy is built to support traders who want:
• A systematic framework rather than random signals
• Clear visual structure for entries, trend shifts, and exits
• Better awareness of option characteristics, not just price movement

⭐ Key Features

🎯 Option Trading Modes

• Supports Option Buying, Option Selling, and Both-side trading
• Traders can restrict signals based on their preferred trading style
• Helps avoid unnecessary opposite-side signals during focused trading

🎛️ Separate Control: Signals vs Strategy

• Independent control for visual signals and strategy execution
• Users can analyze signals without enforcing automated trade logic
• Useful for discretionary traders and educational analysis

🔀 Dual Strategy Engine

• Built-in two independent strategies working together
• Signals are generated only when multi-condition alignment is confirmed
• Reduces false signals during uncertain market phases

📊 Option Greeks Dashboard (Integrated)

• Real-time visualization of Delta, Gamma, Theta, Vega, and IV behavior
• Helps understand option sensitivity beyond price movement
• Designed for option premium analysis, not just index direction

🛑 Dual Stop Loss System

• Supports Swing-based Stop Loss and Candle-based Stop Loss
• User can switch methods based on market structure
• Stop Loss visualization remains consistent for clarity

🎯 Target & Target Hit Visualization

• Automatic target projection lines
• Clear Target Hit and Stop Loss Hit labeling on chart
• Helps review trade outcomes visually without manual marking

⚖️ Risk Management Controls

• Adjustable Risk–Reward Ratio
• Minimum stop-loss distance protection
• Designed to encourage pre-defined risk planning

🔄 Trend Reverse Protection (TCE)

• Built-in Trend Change Exit logic
• Closes trades when an opposite confirmed trend appears
• Helps reduce exposure during sudden reversals

⏰ Force Exit Mechanism

• Optional time-based force exit
• Designed for intraday traders to avoid:
• Gap-up / Gap-down risk
• Overnight option exposure
• Particularly useful near market close

🚧 Fake Breakout & Sideways Market Filters

• Uses ADX, ATR, slope, and structure-based filters
• Designed to avoid:
• Low-momentum moves
• Sideways and choppy conditions
• Filters can be enabled or disabled individually

🔹 Trendline-Dynamic Support and Resistance
🔹 Premium Support and Resistance

📈 Built-in Trend Tools

• Integrated EMA, VWAP, and Supertrend
• No need to add external indicators
• Clean chart with internally managed calculations

🔁 Oscillator + Non-Oscillator Combination

• Combines RSI-based logic with price & trend filter
• Helps balance momentum and structure
• Avoids over-dependency on a single indicator type

🧩 Optional Supertrend & RSI Filters

• Supertrend and RSI filters can be toggled ON/OFF
• Allows adaptation to different market environments
• Suitable for both aggressive and conservative setups

⚖️Dynamic Stop Loss Trailing Through Trend Reversal

• This strategy includes a dynamic stop-loss trailing mechanism based on trend reversal detection rather than fixed price movement.
• When the trade is active, the system continuously monitors trend direction and structure
• If a confirmed trend reversal is detected against the open position, the strategy exits the trade automatically
• This exit acts as a dynamic trailing stop, adapting to changing market conditions instead of relying on static stop-loss levels

🔔 Alerts & Automation

• BUY / SELL alerts on confirmed candles only
• Webhook compatible
• Suitable for Telegram, Tradetron, and automation

📢 Optional Telegram alerts can be used for personal signal notifications. This feature is informational and does not imply trade execution or profit guarantees.

🌟 Why This Strategy Is Unique

• Most trading tools rely on a simple combination of indicators but Option Astra Strategy is made with different logics and 2 Strategies combo with oscillators and non oscillators.
• Options Astra Strategy with Greeks is designed differently.
• It combines multiple independent logics instead of a single signal source
• Focuses on decision structure, not prediction
• Integrates option Greeks behavior with price and trend logic
• Includes trend protection, risk controls, and exit discipline in the same framework

This approach is intended to help traders stay systematic and consistent, especially during emotionally challenging market conditions.
The goal is not to increase trading frequency, but to improve trade quality and clarity.

👤 Suitable For

• This script may be suitable for traders who:
• Trade intraday options on premium charts
• Prefer rule-based analysis over discretionary guessing
• Want to understand option behavior (Greeks & IV) alongside price action
• Use defined risk management and fixed trading plans
• Want a clean, all-in-one system without stacking many indicators
• Trader who want Advanced Setup which can help in Risk Management, Discipline and Psychology control etc,
• Regular Option Buyers, Option Sellers or Both.

🔒 Why Invite-Only

• Internal state tracking
• Reset logic
• Independent signal engines
• Option-specific intelligence architecture
• Source protected to preserve originality

⚠️ Disclaimer

• For educational and analytical purposes only.
• No financial advice or profit guarantees.
• All signals are rule-based and non-predictive.
• Option Greeks are formula-based analytical estimates.
• Past or real-time signals do not imply future performance.
• All trading decisions and risk management are the user’s responsibility.