This tutorial built a strangle that adjusts into a straddle. Concepts covered:
- Select strikes by delta with the Find Strike keyword.
- Save the entered call/put data and strike prices in runtime variables.
- Use Repair Continuous for adjustments and fresh re-entries. Write the condition so it resets after each fire, or it will loop.
- Add a stop loss automatically once the strangle becomes a straddle.
- Backtest the strategy.
Note: Delta-based keywords now work in backtests, but always check the run before trusting it, and test in Live Offline first.
The original video is no longer embedded here. Keyword reference: Keyword Documentation — Tradetron
Edited with AI from the original Tradetron article, checked against current docs (Oct 2026). Spot something wrong? Tell us in the Community.