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APIBridge, Amibroker 

This tutorial shows how ATR Bands can be used on charts of Amibroker to Trade in Index Options.

 
Strategy Premise 

ATR band are created by substracting ATR value from ema for lower band and adding for upper band

Buy happen when price is greater than upper band and sell happen when price is less than lower band

Strategy Logic 

Buy: Buy happen when price is greater than upper band

Sell: Sell happen when price is less than lower band

When ATR bands gives Buy, it will send LE in Call and LX in Put. When ATR Bands gives Sell, it will send LE in Put and LX in Call.

Amibroker Settings 

Step 1: Make sure you have completed Jump Start setup 

Step 2: Download AFL from here. In Amibroker, Go to Formula editor and paste the AFL here.   

Step 3: Right Click on the chart and go to Parameters to adjust the inputs of the strategy.