Reset Call/Put

Predict if the market price will be higher (Call) or lower (Put) than the entry price or the reset price at the end of the contract. A 'reset' is triggered if the market moves against your prediction around the midpoint of the contract, setting the reset price to the market’s current level.

If you select "Reset-Call", you win the Payout if the Exit spot is strictly higher than either the Entry spot or the spot at Reset time.

If you select "Reset-Put", you win the Payout if the Exit spot is strictly lower than either the Entry spot or the spot at Reset time.

If the Exit spot is equal to the Barrier or the new Barrier (if a reset occurs), you don't win the Payout.

Trading Flow

1. Authorize using your token: Call authorize API using your token. Ensure that the token has the trading scope enabled.

2. Fetch Available Instruments: Use the active_symbols API to retrieve a list of all trading instruments offered on Deriv.

3. Get Contract Details: Using the contracts_for API, obtain a list of contracts available for a specific instrument.

4. Request a Price: Use the proposal API to get a quote. This will return an ID for the proposed trade.
   For the Reset Call/Put options:

   1. Use the the contract_type:
      1. For Reset Call, use: "RESETCALL"
      2. For Reset Put, use: "RESETPUT"
   

5. Buy the Contract: Execute the trade by using the buy API with the ID from the proposal response. This action returns a unique contract_id.

6. Monitor the Contract Status: Check the contract’s progress or outcome using the proposal_open_contract API with the contract_id.

7. Close the Contract Early (if Needed): If you want to exit before the contract’s expiration, use the sell API with the contract_id.