OI Pulse Review: Is it worth buying it in 2024?
OI Pulse is a tool by Sivakumar Jayachandran, an expert in options trading. It gives traders real-time insights. It also gives a detailed analysis for smart decisions in the Indian stock market. This OI Pulse review will cover its features, benefits, strategies, and pricing. It aims to help you decide if it’s a good investment for 2024.
OI Pulse Offer for new & existing Subscribers
- OI Pulse GO Annual – 15 % off – Promo Code – CPS15
- OI Pulse GO Six – 10% off – Promo Code – CPS610
- OI Pulse Go Pro – 5% off – Promo Code – CPS05
- OI Pulse 1 Cliq Annual – 15% off – Promo Code – CPS1C15
- OI Pulse 1 Cliq Go Six – 10% off – Promo Code – CPS1C10
- OI Pulse 1 Cliq Monthly – 5% off – Promo Code – CPS1C05
One of the main benefits of OI Pulse is its ability to analyze many variables in real-time during trading hours. This tool simplifies market sentiment for traders. It presents data in easy-to-read graphs. Even those unfamiliar with complex analysis can understand it.
OI Pulse offers real-time analysis and tools to simplify options data for traders. Its features include OI Analysis, OI Chart, OI Statistics, OI Spurt, Option Chain, and Option Premium. Additionally, it offers many OI charts.
In this review, let’s dive deep into OI Pulse’s features, strategies, pricing, and more. This review will dive into OI Pulse. Stop wasting time searching for terms like OI pulse review Quora or OI pulse review India. Instead, learn about the OI Pulse features.
If you are interested in watching a video, here is the link to the YouTube video https://youtu.be/SmqfWbPnaWY
How OI Pulse is different from other Option Analysis tools?
The OI Pulse tool is unique in its ability to provide real-time OI data on a minute-by-minute basis. Analyzing OI data is crucial for traders as it significantly impacts the movement of security prices. In the past, traders had to rely on the NSE website for OI data. It had a three-minute lag and did not give a real-time picture.
However, the OI Pulse tool addresses this issue by offering OI data on the options chain page every minute. This feature sets the OI Pulse tool apart from others and gives traders an added advantage when analyzing OI data.
OI Pulse Review: 1Cliq Feature
1Cliq is a feature in OI Pulse for scalpers and traders who seek quick profits. It allows users to place trades rapidly with just the arrow keys. This feature was made possible by Mr. Siva Jayachandran, a top Indian scalper and the company’s founder.
In addition to the quick order execution, 1Cliq also allows traders to connect to multiple brokers using API (Application Programming Interface). This means that traders can place orders directly through OI Pulse using APIs provided by brokers such as Tradesmart, Fyers, and Angle ONE. Connecting to multiple brokers can help traders avoid over-trading or revenge trading with a single broker. Currently, the 1Cliq feature supports the following brokers:
- TradeSmart
- Zerodha
- ProStocks
- Fyers
- Finvasia
- Kotak Neo
- 5 Paisa
- Alice Blue
- Flat Trade
- Flat Trade
- Dhan
- Goodwill
1Cliq also offers convenient features. You can exit all open positions with a single click and cancel all pending orders with a single click. Once you are in you can also trail your Stop Loss automated or manually using the 1Cliq SL feature. These features can save time and effort for traders looking to quickly manage their trades.
1Cliq also provides an order book and trade book, which allows traders to view all orders placed across brokers in a single place. This can give traders a holistic view of their trades and help them make informed decisions.
Overall, 1Cliq is a powerful and user-friendly tool that offers scalpers a range of advanced features for quick and efficient order execution and trade management.
New features added with the latest update to the OI Pulse 1 Cliq:
- One Of The Biggest Feature Release. Now You Can Auto-Trail Your MTM & SL
- Edit Limit Order – Now Limit Order Can Be Edited In the Order Window when Orders Are Open
- Stock Futures – Now You Will Be Able To Trade In Stock Futures As Well
- Favourite Selection – Under Favorite Setting In 1Cliq, You Can Preset Segment, Asset, Product Type, Order Type, Call Strike or Put Strike & Pre Defined SL & Save The Setting
- Place Order In Tranches – Now Large Orders In Basket Order Can Be Placed In Tranches To Avoid Large Slippages
- Exit Qty In % – Now Large Qty Can Be Exited With 25% Or 50% or 75% or 100% In 1Cliq
OI Pulse Review: Top Options Data Analysis Features
OI Analysis
The OI Analysis feature lets traders see the open interest of both calls and puts at the same time, which can help in identifying trading opportunities. It helps them understand market sentiment and find trading opportunities. The OI Chart feature shows open interest data for a strike price. It shows the data in a graph. The graph includes live and historical data. This can be useful for identifying trends and making informed trading decisions.
OI Statistics
The OI Statistics feature shows the whole open interest for both calls and puts. This can help traders. It shows calls or puts are more popular at different strike prices. It also shows whether it’s call or put writers that dominate the market.
OI Spurt
The OI Spurt feature lets traders see sudden changes in OI for different strikes, which can show market movements.
Option Chain
The Option Chain feature shows traders a list of all options for a specific asset. It includes the strike price, bid price, and ask price. This helps traders find potential trading opportunities and decide on the best options to trade.
OI Premium
Traders can use the Option Premium feature to view the premium for different options. This helps identify undervalued or overvalued options.
Multiple OI Charts
The OI Chart feature presents OI data for a particular strike price in a graphical form. This includes both live and historical data. The OI Statistics feature shows traders the open interest in call and put options. It helps them quickly see which is more popular at various strike prices. Also, it highlights whether call or put writers are dominating the market.
Active Strikes OI
Let’s now talk about the OI Pulse feature “Active Strike OI”. It helps traders and investors see where the market is likely headed.
It uses AI to find and analyze the most active strikes, making it a useful tool for traders and investors to stay up to date with market trends. The default display is a line chart, which can also be viewed as a bar chart, and users can zoom in or out on any portion of the chart using options in the top right-hand corner.
It allows users to view live or historical data over a specified period, ranging from 5 minutes to 60 minutes. The feature includes two graphs. They are “Active Strike Change in OI” and “Active Strike Sentiment %”. These diagrams provide information about the most active strikes in the options market. They can give traders and investors insight into market sentiment and trends.
The “Active Strike Change in OI” diagram displays the change in open interest (OI) for the most active strikes over a specific period. Open interest (OI) shows the total number of outstanding contracts that have not been settled or closed. It can provide insight into the market sentiment and the level of interest in a specific security or contract. The “Active Strike Sentiment %” diagram shows the percentage of buyers and sellers involved in the most active strikes.
VIX and Index Chart
The OI Pulse tool includes the VIX & Index chart. It shows the link between the VIX, which signals market volatility, and top indices like the Nifty and Banknifty.
Traders use the VIX and Index chart to gauge market sentiment and spot trades. A higher VIX suggests more market volatility and likely price changes. Meanwhile, a lower VIX hints at reduced volatility and possible price shifts.
Trending OI
Trending OI is a feature in OI Pulse. It analyzes options market data, especially the open interest (OI) of different strike prices. It allows traders and investors to see where and how much options writing is taking place. This information can provide insight into the direction of the market trend. The feature is useful for identifying whether call or put writers are dominating, as well as where they are writing options. This, in turn, can help traders make more informed decisions about their positions.
The Trending OI feature includes several key pieces of information:
- Call OI: This shows the total change in OI for all the selected call option strike prices during the day and the selected time interval.
- Put OI: This shows the total cumulative change in OI of all the selected strike prices of put options during the day during the selected time interval.
- Difference in OI: This is the difference in the change in OI of selected calls and puts options. Mathematically, it would be {change in put OI – change in call OI}.
- Day High/Low Diff in OI: Day High/Low Diff in OI shows the change in Open Interest (OI) for put and call options at the high and low points of the day. It can be positive or negative. This is noted as a “Day High Break” or “Day Low Break” accordingly.
- Sentiment: This element reflects the sentiment of the market. It can be either bullish or bearish. More people are writing put options, not call options. It means they feel more at ease with puts than calls. This could indicate a positive market outlook. Conversely, if more calls are being written than puts, the difference in OI will be negative, which may indicate a bearish market sentiment.
Big OI Movement
The Big OI Movement feature in OI Pulse tracks real-time changes in options open interest (OI) for all index strikes. An AI system detects and displays these changes separately for call and put options. The Big OI Movement is important. It can help traders decode the market at a micro level. It allows them to make informed trade decisions.
The Big OI Movement is significant because it can affect the market movement. By watching these changes, traders can better find trading chances. They can also size their positions with more confidence. This feature can be used in conjunction with the Trending OI feature to get a more complete picture of the market.
When trading, don’t rely on a single factor. Consider other things like position size and risk management.
OI Pulse Review: Top Futures Data Analysis Features
Futures Open Interest & 15.30-EOD Data analysis
The OI Pulse feature provides analysis of open interest (OI) data for futures contracts. Open interest is the total number of outstanding contracts in a particular market or security that have not yet been settled or closed. It is a measure of the total number of contracts that have been initiated but not yet offset or settled.
The feature allows users to see the change in OI data for a particular period, in this case, 15.30-EOD (end of the day). This data differs from the live OI data available during market hours. The National Stock Exchange (NSE) adjusts the OI data after trading closes. It publishes the final OI data a few hours later. This adjusted OI data, known as the 15.30-EOD data, is what the OI Pulse feature provides.
The live OI data and the 15.30-EOD data can differ a lot. This is especially true for stock futures. The OI Pulse feature allows users to see this difference and understand the reason for the adjustment. It also provides information on the impact of the adjustment on the market.
Futures OI Spurt
The OI Pulse feature “Futures OI Spurt” is a tool. It lets users analyze open interest (OI) data for futures contracts. They can use it to find potential trades. The feature is accessed by selecting live or historical data. It can be refined by searching for a specific stock.
The feature displays the data in four quadrants. They are: Long Build Up, Short Build Up, Short Covering, and Long Unwinding. Each quadrant represents a different market condition and potential trading opportunity.
4 quadrants summarized:
- Long Build-Up: This quadrant shows stock futures that have seen a rise in OI and a price rise. Demand for the stock futures exceeds supply. Buyers expect prices to keep rising. These futures may be a good buy, but OI shouldn’t drop.
- Short Build-Up: This quadrant shows stock futures that have seen a rise in OI and a fall in price. This shows that supply for the stock futures is higher than demand. Sellers expect the price to keep falling. These stock futures may be a good selling opportunity. But, the open interest should not decrease.
- Short Covering: Sellers of futures are covering their positions. They may be doing this because they are booking their losses. This may be a buying opportunity. But, it is temporary. Long positions may be sold when the price keeps rising.
- Long Unwinding: This quadrant shows stock futures. Big players are using them to hedge. Retail traders should avoid these stock futures.
The stock futures in these quadrants are only opportunities. But, there are other factors to consider before making a trade. The OI Pulse feature “Futures OI Spurt” can find these opportunities. But, it should be used with caution.
Futures OI Chart
The OI Pulse feature “Futures OI Chart” is a tool. It lets users see open interest (OI) data for futures contracts in a graph. This feature is available for both Nifty and Bank Nifty futures, as well as for stock futures. It provides data for the current series, next month, and far month.
The OI Chart displays the OI data as a red line and the price data as a black line. By comparing these two lines, users can find trading chances. For example, if the price is rising while the OI is falling, this may indicate a short covering. Sellers are closing their positions and the price is increasing. This could be a good opportunity to go long or to engage in scalping.
Futures EOD OI Data Analyzer
The Futures/EOD OI Analyser is a tool for analyzing end-of-day (EOD) data in the futures market. It gives insights into open interest (OI) and price changes. This helps traders understand market sentiment and trends. It also offers detailed tabular data for daily price movements and overall market interest.
FII/DII Activity Tracker in OI Pulse
Remember, the FII/DII Activity tool in OI Pulse is for checking institutional investors’ trades. These include both foreign (FII) and local (DII) investors. They are key market players, moving large amounts of money. We should see if they are investing in or withdrawing from the market. Also, we need to know where they trade and their futures and options investments.
The FII/DII Activity feature helps users track institutional investors’ moves in both capital and derivative markets. In the capital market view, users can see daily trades, with green bars showing investments and red bars showing redemptions. Analyzing their collective actions over time helps form opinions about market trends.
In the derivative market option, the FII/DII Activity feature focuses on investment and redemption by institutional investors in the following areas:
- Index futures: Index futures cover combined data for Nifty, Bank Nifty, and Fin Nifty futures. It covers the near, next month, and far month.
- Index options: This includes combined data for call and put options for Nifty, Bank Nifty, and Fin Nifty.
- Stock futures: This includes data for futures of all F&O stocks for all months.
- Stock options: This includes combined data for call and put options for all F&O stocks.
Strategies
“Open & High” Strategy
OI Pulse offers features for effective options trading. One is the “Open & High Strategy.” It helps users spot trading chances and analyze them using OI Pulse’s unique method.
The Open & High Strategy feature uses AI algorithms. They analyze the Nifty, Bank Nifty, and Finnifty indices in real-time. This lets users quickly find chances to enter OH trades. The feature also provides backtesting capabilities, allowing users to analyze previous trading sessions.
It provides information on strikes where OH is forming or has been triggered. It also gives the probability of success if the user takes a trade. This probability is calculated using AI-based algorithms and is displayed as a percentage.
The Open & High Strategy feature also has a “Red Dot” indicator. This is another result of the AI algorithms. If a user sees a probability greater than 90% and a red dot, it’s a strong opportunity for an OH trade. However, it’s important to note that the red dot alone is not a signal to enter the trade. It’s recommended for the user to wait for momentum to pick up before entering the trade.
OI Pulse Morning Trade Strategy
The OI Pulse Morning Trade Strategy spots early market opportunities. It reviews key factors: yesterday’s price action, open interest, broader market trends, and global news. Also, it looks at option Greeks and premiums for trade success.
To help, OI Pulse offers AI systems that assist in a trading strategy that involves advanced analytics. They can analyze all the market variables and compute the option premiums. This can help to minimize risk and improve the chances of success.
The signals provided by OI Pulse’s AI programs can help traders make informed decisions about their trades. These signals say if there is an opening trade. They say which option to buy and at what strike price. They also give the range for the strike price. By following these signals, traders can raise their chances of success. They can also maximize their profits.
OI Pulse 3.20 Strategy
The OI Pulse 320 Strategy is a method for identifying and taking advantage of potential overnight trading opportunities. The strategy is based on the idea that there are times when the market moves in a strong, trending manner, and there is a high probability that this trend will continue at the market opening the following morning. To identify these trends, the OI Pulse 3.20 Trade Strategy involves analyzing various market variables, including the price action behaviour and chart of the day, the open interest analysis, and the behaviour of the broader markets.
To assist with this process, OI Pulse offers AI-based programs that can analyze all the relevant market variables and generate a signal if there is an opportunity to trade. This signal, which is generated at 3.20 PM, provides information on the price level at which an option can be bought.
However, it is important to be aware of the risks associated with this strategy, including the potential impact of overnight global market movements and domestic news events. To minimize these risks, the OI Pulse 3.20 Trade Strategy recommends only risking a small portion of capital, about 10% of the day’s profit, on this trade. Additionally, the strategy recommends trailing the option price once it is above the buying price and setting a stop loss at 50% of the premium or as per the trader’s risk appetite, whichever is lower.
Expiry Day Strategy
The Expiry Strategy feature in OI Pulse is a tool that allows traders and investors to analyze important strikes and their open interest and premium variation over the past 5 days. The data is presented in a tabular form and highlights both calls and puts for important strikes as determined by the AI-based system.
The Expiry Strategy feature is useful for preparing a trading plan for the expiry session, as it provides data on the variation in premiums of strikes and the change in OI. This can help users make informed decisions about their trades. The feature also allows users to choose specific strikes of their choice, giving them flexibility in their analysis.
Straddle and Strangle Charts
OI Pulse is a platform for options trading that supports both buying and selling. It offers “Straddle and Strangle Charts” with AI-based tools for executing straddle or strangle strategies.
A straddle involves buying or selling call and put options with the same strike price and expiration date, while a strangle involves options with different strike prices.
OI Pulse helps users find these strategies’ opportunities using Open Interest and Implied Volatility features. Its AI-based charts help time trades and size positions for maximum profits.
OI Pulse Advanced Charts
The “Advance Chart” allows users to view live trading view charts of stocks or indices. The latest feature update also allows us to see the spot charts of all the indices and stocks belonging to the F&O category.
The Advance Chart feature offers unique tools. These aim to improve user experience and streamline analysis. These features include:
- Indicators: Users can add as many indicators as they desire to the futures chart, with no number restriction. The feature also lets users save indicator templates for different trading styles. They can then switch between them easily using the “Indicator Template” option.
- OSPL VOLUME: OSPL VOLUME is a unique, color-coded indicator. It helps users spot trading opportunities. It does this by showing when the traded volume reaches certain levels. These levels are 50K for Bank Nifty and 125K for Nifty futures.
- Open Interest: The Advance Chart feature lets users see the Open Interest (OI) and its change for the future in real-time. It shows them alongside price movement. This is a crucial factor in intraday trading that is not typically available on other platforms.
- Ad-Free Version: The ad-free charts are provided through the Advance Chart feature. They give an enhanced user experience.
- Multiple Chart Layout: You can save multiple chart templates. This allows for a more flexible and thorough analysis. It lets you look at different timeframes and indicators.
OSPL Signal
One of the key features is the “OSPL Signal,” a signal generated by the platform’s proprietary AI-based software. It is crucial for scalp trading with OI Pulse.
The OSPL Signal appears when the platform’s AI predicts a trend. It sees momentum moving in one direction. This prediction draws on market factors like price and volume. It also considers open interest, VIX, and global conditions. When the signal appears, it indicates favourable trading conditions in that direction.
The “In” signal means that the conditions for a trend and momentum have been triggered. The “Out” signal means that the momentum in the trend’s direction has ceased. It’s important to note that the “In” and “Out” signals do not signify entry and exit points for a trade but rather indicate the triggering of conditions. Once a trade is initiated, the trader should stay in the trade until they are in profit or their stop loss is reached.
Remember this: In addition to the visual OSPL Signal, OI Pulse also includes an audio alert. This feature can be helpful for traders who may not have enough time to focus on their screens. The overall goal of the OSPL Signal is to be a powerful tool for traders. It uses AI to analyze market data and provides high-probability signals for trends and momentum.
Read more about OSPL Signal here.
OI Pulse Plans and Pricing
There are two subscriptions plans for OI Pulse Go Pro (monthy subscription) and Go Annual (annual subscription).
There are three subscriptions plans for OI Pulse 1Cliq Go Cliq (monthy subscription), Go cliq Six (6 months) and Go Cliq Annual (annual subscription).
| Plan | Validity | Price (Excluding GST) | Coupon | After Coupon Discount |
|---|---|---|---|---|
| OI Pulse Go Pro | 1 month | Rs. 1599 | CPS05 | Rs. 1520 |
| OI Pulse Go Annual | 12 months | Rs. 14000 | CPS15 | Rs. 11900 |
| Go Cliq | 1 month | Rs. 1599 | CPS1C05 | Rs. 1520 |
| Go Cliq Six | 6 months | Rs. 9000 | CPS1C10 | Rs. 8100 |
| Go Cliq Annual | 12 months | Rs. 14000 | CPS1C15 | Rs. 11900 |
What is OI Pulse?
OI Pulse is an options analysis tool designed by Sivakumar Jayachandran, a seasoned option scalper and coach, to help traders in the Indian stock market make informed decisions when buying or selling options. It provides traders with powerful insights and analytics to aid them in making sound investment decisions.
What is the cost of the OI Pulse annual plan?
OI Pulse Annual plan cost Rs. 12999. However, using our exclusive OI Pulse Coupon Code CPS15, you can get 15% off on OI Pulse.
OI Pulse Vs Sensibull which one is better?
Both OI Pulse and Sensibull have their own unique set of features and benefits. Ultimately, the choice between the two will depend on your specific requirements and preferences. Generally speaking, OI Pulse has some additional features built for option scalpers.
What is Oi Pulse scalp trading? Is it worth it for money?
Oi Pulse scalp trading is a quick strategy. It involves fast buying and selling to profit from small price changes. The software provides instant data and trading signals for futures and options.
This strategy’s value depends on your experience, risk tolerance, and what you’re after. Scalp trading is risky, so get a grip on the risks first.
Oi Pulse is here to help in a few ways. First, it helps you spot trading opportunities quickly and easily. Next, it reduces your risk with real-time data analysis. And finally, it boosts your trading game with trading signals.
But don’t forget: Oi Pulse isn’t a magic solution. You need a solid grip on trading to get the most out of it!
OI Pulse Promo Codes
Unlock 15% off at checkout by subscribing to OI Pulse GO Six or GO Annual Plan and using our promotional code. Plus, get exclusive discounts on 1Cliq subscriptions with our coupon codes listed below.
| OI Pulse Offer | Offer Detail | OI Pulse Coupon Code |
|---|---|---|
| OI Pulse Go Six Coupon Code | 10% off OI Pulse Promo Code – Go Six Plan | CPS1C610 |
| OI Pulse Go Annual Promo Code | 15% off OI Pulse Discount Code – Go Annual Plan | CPS1C15 |
| OI Pulse Go Pro Promo Code | 5% off OI Pulse Promo Code – Go Pro plan | CPS1C05 |
| OI Pulse 1Cliq Go Annual Coupon Code | 15% off OI Pulse 1Cliq Coupon Code – Annual Plan | CPS1C15 |
| OI Pulse 1Cliq Go Pro Coupon Code | 5% off OI Pulse 1Cliq Go Pro Coupon Code – Monthly Plan | CPS1C05 |
| OI Pulse 1Cliq Go SIX Coupon Code | 10% off OI Pulse 1Cliq Go Six Coupon Code – Six Months Plan | CPS1C10 |
Conclusion
OI Pulse is a vital tool. It is made for traders in the Indian stock market. The platform offers advanced analysis and real-time data. This helps traders make smart decisions. Additionally, its user-friendly design and features suit traders of all levels. Thus, it is key to success in the market.
Share your opinion and thoughts in the comments below.
