Win Rate

65%

Accounts using

2,351+

Indicator Access on

about the indicator

Built for precision traders

Four core modules that work together for a complete trading system

Option Hunter is a NIFTY-focused trading indicator designed to identify potential trading opportunities directly on NIFTY CE and PE option charts. The indicator works with a two-chart setup, where traders use separate TradingView tabs for the CE and PE options, preferably selecting options around the ₹150 premium range.

Ilamurugu K

Ilamurugu K

18+ Years of Experience

Separate CE & PE TradingView tabs

Use two separate TradingView tabs — one for the NIFTY CE option and another for the NIFTY PE option — to monitor both sides of the market.

Premium Selection

For the intended setup, select NIFTY CE and PE options with a premium around ₹150, subject to market conditions and availability.

Stop-loss & trailing stop-loss

Every trade should follow a disciplined stop-loss approach. A trailing stop-loss can be used to protect profits while allowing the trade to continue when the market makes a favorable move.

Condition-based alerts

Alerts are triggered when the predefined trading conditions are satisfied, helping traders identify potential entry opportunities on the selected CE or PE chart.

Option BuyingOptions BuyingOption ScalpingIntradayIndex Trading

Note: Indicator can be accessed onIndicator can be accessed on

pricing

Choose your plan

Get the indicator in your TradingCharts account.

₹599 /

1 month

Indicator Access

  • Indicator access in your TradingCharts (dhan) account

getting started

How will this work?

A short walkthrough of getting the indicator onto your TradingCharts

Watch this video to understand the process

instructor

About the expert

Learn from experienced market practitioners

Ilamurugu K

18+ Years

of Experience

NISM

Certified Research Analyst

Mr. K. Ilamurugu is an MBA Finance professional and NISM-Certified Research Analyst with 18+ years of experience in the financial markets, including over 11 years as Vice President at Go Pocket Investech Private Limited. Passionate about financial research, technical indicators, and algorithmic trading, he helps investors and traders build their own strategies and turn them into systematic, rule-based algo trading systems through a step-by-step learning approach.

Ilamurugu K

faq

Frequently asked questions

Everything you need to know before you get started

Option Hunter is a NIFTY-focused option trading indicator designed to identify potential entry opportunities directly on NIFTY CE and PE option charts. It uses a two-chart setup to monitor both sides of the market.​