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MT5 Options Trading Panel for NIFTY, BANKNIFTY, SENSEX, Stocks & MCX

Name: TradexCodez Options Trader
Brand: TradexCodez
Price: 2999 INR
Availability: InStock

TradexCodez Options Trader

A dedicated options trading panel for MetaTrader 5 — select your underlying, expiry and strike, and trade CE/PE with live P&L, margin pre-checks and one-click execution, all from a single panel on your chart. The panel takes its underlying from the chart it is attached to, so the same chain, the same one-click orders and the same strategies work on an index, a stock or an MCX commodity — anything your broker’s API lists options for.

What the Options Trader panel does on your MT5 chart

One-panel options trading — choose the underlying, expiry, strike and CE/PE, then buy or sell in a single click, without leaving your chart
Any underlying with options — index options (NIFTY, BANKNIFTY, FINNIFTY, MIDCPNIFTY, SENSEX), stock options and MCX commodity options; the panel reads the chart it runs on, so nothing is hard-coded to one index
Millisecond-cadence updates — the panel polls at millisecond speed, so prices and positions stay razor-fresh
Live P&L on the panel — watch your running profit and loss update in real time as the market moves
Built-in option strategies — Bull Call / Bull Put, Bear Put / Bear Call, Iron Condor, Straddle, Call Butterfly and Iron Butterfly, deployed in one click with a configurable wing width
Live option chain on the panel — an options monitor on your chart — CE and PE LTP at every strike, with Buy / Sell / Cancel controls on each leg
Mandatory protection — SL, TP and TSL must be set (or explicitly confirmed manual) before an order goes out
Positions popup — see all your open option positions at a glance, right on the chart
Upfront margin pre-check — the panel verifies available margin before placing the order, so failed-margin surprises never reach the exchange
Paper trading mode — practice the full workflow risk-free on live prices before going real

The charts Options Trader runs on — in 30 seconds

Live NSE, BSE and MCX data inside MetaTrader 5 and one-click trading from the chart. The Options Trader panel walkthrough is being recorded next; until then, the screenshots below show every part of the panel.

Watch on YouTube · the full library is under Training Videos.

NIFTY, BANKNIFTY and SENSEX options in MetaTrader 5 — see it running

TradexCodez Options Trader panel on MT5 — live option chain with CE and PE LTP by strike, one-click B/S/C buttons, expiry selection, SL TP TSL protection and built-in option strategies

Options Trader running live on an MT5 chart — a full option chain with CE/PE LTP at every strike and one-click Buy / Sell / Cancel per leg, expiry and lot selection, mandatory SL/TP/TSL protection, LIVE or paper mode, built-in strategies (Bull Call, Bear Put, Iron Condor, Straddle, Butterfly and more) and a single EXIT ALL. Click the image to view full size.

TradexCodez Options Trader panel running on a SENSEX chart in MetaTrader 5 - live option chain with CE and PE last-traded prices at every strike from 77500 to 78500, buy sell and cancel buttons per leg, eight built-in strategies including Iron Condor and Straddle, EXIT ALL, and live P and L — The panel on a live SENSEX chart: a **full option chain with CE and PE prices at every strike**, buy / sell / cancel on each leg, the eight built-in strategies with a configurable wing width, mandatory SL / TP / TSL protection, **EXIT ALL**, and running P&L — all without leaving the chart.

TradexCodez Options Trader panel on a NIFTY 50 five-minute chart in MetaTrader 5 - full option chain with CE and PE last-traded prices for strikes 24000 to 24500, buy sell and cancel buttons on each leg, eight built-in strategies, EXIT ALL, and a live positions window showing four legs of a long straddle with individual and total profit and loss, running in paper trade mode — The same panel on **NIFTY 50**, mid-trade. A **Long Straddle** has been placed and the positions window is tracking all **four legs with individual and total P&L** — the chain, the strategy buttons, the exit controls and the open book, on one screen. Running in **paper mode**, so these are simulated fills on live prices. AutoFibonacci is drawing the levels behind it.

TradexCodez Options Trader running on an individual NIFTY option strike charted as its own instrument in MetaTrader 5 - the NIFTY 23650 PE contract on a five-minute chart from the NFO segment, with the Dashboard indicator drawing central pivot range, R1 to S3 pivot levels, previous day levels and daily weekly and monthly ranges on the option premium itself, alongside the option chain panel and a Bull Call Spread showing running profit — The same panel, this time on **an individual option strike charted as its own instrument** — a NIFTY 23650 PE contract from the NFO segment, on a 5-minute chart. Note what the **Dashboard** indicator is drawing on the **option premium itself**: central pivot range, R1 to S3, previous-day levels and the daily, weekly and monthly ranges. This is the part MetaTrader 4 cannot do at all, because it has no custom-symbol API — every strike here exists as a real chartable symbol with its own history.

Paper trading — rehearse on live prices, risk nothing

Switch the panel to PAPER mode and every order is simulated against live market prices. Nothing reaches your broker. It is the same panel, the same chain and the same protection logic — so you can learn the tool, or test a strategy, before any real capital is involved.

TradexCodez Options Trader in PAPER TRADE MODE on an MCX GOLDM option chart - a red simulated-mode badge across the chart and an MT5 alert confirming paper mode is on and every order is simulated — Paper mode is impossible to miss — a badge sits on every active chart and MetaTrader confirms it: **“PAPER MODE ON — every order is now SIMULATED.”** Switch it off when you are ready to trade live.

Every parameter is yours to set

Lot sizing, order type, product, expiry selection, spread wing width, SL / TP / TSL in premium points or percent, protection poll intervals, how many strikes either side of ATM the chain shows, refresh cadence, panel position and scale — all exposed as inputs rather than baked in.

TradexCodez Options Trader input settings in MetaTrader 5 - option selection, live or paper mode, paper capital, strategy spread wing width, exit protection units and values, protection poll intervals, panel position and options chain refresh settings — The full input list. Note **LIVE (default) or PAPER (simulated)** as a first-class setting, **strikes each side of ATM** for the chain, and separate refresh intervals for the chain and the P&L / positions popup.

Three indicators — included free with Premium

The Premium plan (₹2,999/month) includes three of our MetaTrader 5 indicators at no extra cost, running on the same charts as the panel:

TradexCodez_MFI_Signals — MFI(14) on real traded volume with 80/20 overbought and oversold bands, automatic divergence markers and signal arrows. Most reliable on the 5-minute chart.
Dashboard — price display, volume-coloured candles, daily high, low and range, weekly and monthly ranges, candle timer, the day’s change in points and percent, plus CPR, previous-day levels and today’s pivots. Every level customisable.
AutoFibonacci — finds the significant swing high and low itself on whatever timeframe the chart is set to, and draws the retracement levels from them. Best on the daily.

Dashboard alone comes with Starter, and Dashboard with AutoFibonacci comes with Pro — see the full indicator breakdown or compare bundles.

TradexCodez Options Trader panel on an IDFCFIRSTB chart in MetaTrader 5 with TradexCodez_MFI_Signals and the Dashboard indicator running - MFI(14) at 84.2 against its 80/20 overbought and oversold bands with divergence markers and signal arrows, alongside the Dashboard pivot levels including previous-day high and low, central pivot range and three support and resistance bands — Options Trader on an **IDFCFIRSTB** chart with two of the bundled indicators running: **MFI_Signals** showing **MFI(14) at 84.2** against its 80/20 bands with **divergence flags** and signal arrows, and the **Dashboard** drawing the pivot set from **YH 86.52** down to **S3 84.32** — all beside the live option chain, so the read and the execution sit on one screen.

Options Trader pricing

₹2,999 / month — Premium (Bridge + Options Trader + AIO OCT + OneClick Lite) · see all bundles →

Options monitor and options trading software in one MT5 panel

Most options trading software for India runs in a browser tab or a separate terminal, so the chart you analyse and the chain you trade from live in two places. Options Trader keeps both on the MetaTrader 5 chart: the panel is the options monitor — CE and PE prices at every strike refreshing on the chart you are already watching — and the same panel places the order, with SL, TP and trailing stop set before it goes out.

It works on any underlying your broker’s official API lists options for — NIFTY, BANKNIFTY, FINNIFTY, SENSEX, stock options and MCX commodity options — where your broker permits it. Prices come through your own broker API via the TradexCodez MT5 Bridge, so there is no separate data vendor.

What you need to run Options Trader

MetaTrader 5 on Windows
Zerodha Kite Connect data + API active subscription
Static IP (per SEBI requirement) — required for order execution
TradexCodez MT5 Bridge — for live data and charting (see the Bridge →)

📘 Training Guide

A complete, illustrated walkthrough of the Options Trader panel — setup, every control explained, live and paper-trade workflows, and troubleshooting.

Open the full Training Guide →

Enquire about TradexCodez Options Trader →