New Strategy
The New Strategy section in Quantplay allows you to create custom trading strategies by defining multiple legs with specific attributes. This feature enables you to automate your trades according to your trading goals and conditions.
How to Create a New Strategy
Navigate to the Strategy Page
• Click on the + icon next to “Your Strategies” on the Quantplay dashboard to start creating a new strategy.
Configure Strategy Legs
You will see multiple boxes, each representing a leg of your strategy. Configure each leg by setting the following attributes:
- Strike Selection: Choose how to select the strike—either by strike price or premium.
- Option Type (CE/PE): Specify whether the leg is for a Call (CE) or Put (PE) option.
- Transaction Type: Select whether to Buy or Sell the option.
- Lots: Set the number of lots to trade for this leg.
- Entry Time: Define the time at which this leg should enter the market.