Strategy Link: https://tradetron.tech/strategy/457099
Shared Code :- e6de98c0-5c08-4646-aa90-2c47896929a7
Join telegram channel :- Grow Money Algo
Note :- This is option buying strategy and make money in trending market. Losses in sideways and volatile market.
Before Starting Live auto trade :-
1. As paper trade results not considered slippages,do live offline trade minimum 1month period compulsory.
I am not SEBI registered analyst. NO claims, rights reserved. I am not responsible for your profit or loss. Please Consult Your Financial advisor before using this algo strategy.
Please Read all descriptions carefully and understand before subscribe this strategy.
Deploy on Live Offline Trading till you are Comfortable with strategy. For any query you can contact us. As we found many comments on marketplace by subscribers after facing drawdown, so if you don't have patience and idea about Algo Trading don't subscribe this strategy.
Algo Trading means not a money machine, it is helpful to avoid emotions, follow rules, money management and quick trade executions. There will be downside as well as upside only need to stay stick with strategy. In Algo Trading there may be slippage, error in terminal or any technical issue. It is 100% fully automated trading, we are advised to keep a watch over the account to monitor any significant deviation.
About Strategy :-
1.This is Intraday NiftyBank Options Buying Strategy, Entry between 9.45am -14.00pm and Exit at 15.13pm as per pre defined criteria.
2. Key Point :- Low Capital Required, Defined Risk, High Profit Potential
3. Single Day maximum loss Define upto (Rs. 3000) for 1x. There are 2lot entry with (Rs. 1500=60pt) SL for each lot, So (Rs.3000) loss define for 1 entry. If -- continuous entries hit Full SL its Universal Exit Happen as (Rs.3000) loss limit define for day.
4. In rear Condition MAX DD is continue for 4-5 days so don't panic.
5. Single day Maximum profit Define upto (Rs. 5000) for 1x. There are 2lot entry with Different Target Booking for Each Lot. 1st Lot Book Partial Profit (Rs.1000=40pt) and 2nd lot Book profit at 3000 or (Rs. 2000=80pt). Total Profit Booking For 1 entry is (Rs. 3000). If -- continuous entries hit Full Target its Universal Exit Happen as (Rs. 5000) Profit limit define for day.
6. In testing with TradeTron platform, it was observed that it took 10 seconds to execute order so slippages as per market condition occurs.
7. Strategy Win Rate more than 65% and Loss upto 35%.
8. Margin Requirements:- Max. Margin as per ALICEBLUE normal position = 20k Required. With Additional Buffer Margin Required 40k For 1x Multiplier. On high IV days, Events Days Maintain 40K margin to avoid errors.
9. TSL activated after profit capture more than Rs.2000 in 1X multipliers for Strategy level. After TSL hit or Target hit or SL hit strategy get Universal Exited and Reactive after 12hr again. So, those want to stop for the day needs to be PAUSE the strategy.
FEES STRUCTURE :- Fixed Fees = Rs. 250 per month + 10% Profit Sharing Per Month .
Invoice date 25th-28th date of Month and Time to Clear Invoices is 2 Days , Defaulter get blocked after 2days.
1. Compulsory Profit Sharing for this strategy. Don’t compare with our other strategy performance as each strategy is different.
2. For our (means account Under our referral MN386) Alice Blue Client 0% Profit Sharing upto 1X multiplier. Above 1X Multiplier profit sharing as per other clients are applicable.
1. Backtest results are not available for subscribers So, Test Strategy on Paper Trade mode first, then calculate net profit after all expenses. As per backtest and study, strategy in net profit, those who have consistent with strategy. Don't use strategy if you have not patience to stay in strategy at least 3months.
2. As strategy have defined target and stop loss, sometimes target missed by some point. If you are an active trader, you can book profit and pause strategy for the day, once you attain your daily profit target. or simply follow the strategy target and stop loss.
3. Don’t reactive strategy after exit between market hours or don’t start strategy between market hours.
4. Client need to maintain minimum capital always along with the buffer amount. Fund mentioned here is without leverage.
5. For ALICEBLUE users, don't use desktop and mobile terminal ( ANT Mobi, ANT Desk, NEST ) if you are deploying strategy LIVE. It causes the error in order execution. You can use a web based terminal to monitor trade. For other Broker related issues contact TradeTron.
How To Handle errors:-
1. Check in notification log, what is the type of errors and act accordingly.
2. In case of margin errors, there is high chance that ALGO will take some partial orders. So, check real trades in your terminal & square off all positions.
3. Manage the errors as cancel/ proceed/ done manually.
4. For Hedged strategy check the all positions are filled or not ? act accordingly.
For any query contact me at:-
For Daily updates join our telegram channel at:-
For checking and Subscribing our other Strategies click on "by GROW MONEY ALGO" to reach at our profile page where all other strategy links available in Created Strategies section.
$ Grow with Grow Money $ Grow with TradeTron $
Follow this to minimize errors in Algo Trading on Tradetron / FAQ:-
A) Daily Morning 9am Compulsory Check for our algos :-
1. Please ensure your API Token Renew Successfully on TradeTron Broker and exchange page. If not please generate token and complete Authorization.
2. Please ensure your fund availability in broker account.
3. Please ensure all live deployed Algos on active mode.
B) Entry Exit Rules for our algos :-
1) We don’t allow Live Auto One Click methods for running our algo, bcoz its calculation not match with pnl records. Those used this method shift to live auto or users get shifted to block list by our end.
2) Some users daily archive and redeployed strategy, which pnl record available in Tradetron data, but make complications to track that account all data. If users continuously doing this, get unsubscribed and shifted to block list.
3) Don’t exit positions from broker terminal; exit all algo position from Tradetron only. (Except Tradetron errors day). Some users exit from broker terminal and pause in Tradetron, that make pnl errors, also then they archive strategy. Now this type of users get shifted in block list.
4 ) Don’t start algo in market hours. Start your algos before or after market hours only. If starts between market hours you can get different entry than original.
C) Brokers using with Tradetron:-
1) You can use brokers as per your choice, only 1st discuss with Tradetron and your broker for proper use with Tradetron. Whatever rules they given, follow them to avoid errors.
2) If you get always errors, then its your broker problems not Tradetron or strategy problem.
3) We used alice blue and know its all procedure to work well with Tradetron. So for other brokers related issue contact with Tradetron and brokers.
D) Comments on Strategy Review:-
1) You can give your good or bad whatever review But some users using review section for comments, asking doubts, For this contact us on telegram @growmoneyalgoofficials. Also before given any review read strategy descriptions first.
2) Without proper study and testing avoid giving any feedback. Intentionally given feedback gets noted.
E) Profit Sharing :-
1) Read strategy description carefully, all details given in that.
2) Please Note only our Means those alice blue account under our referral have profit sharing benefits upto 1X multipliers. Not for all alice blue users.
3) Profit Sharing Invoices we raised 2 times in month, 1st date and 15th date of month. Clear your invoices before next invoice date. Those have pending invoices on next date of invoices get shifted to block list. Please pay invoices on time to time to avoid getting blocked. As some users not following the basic profit sharing rules.
F) PNL Target Stop Loss :-
1) Don’t compare paper trade and live auto pnl. Even don’t compare 2 Live auto pnl bcoz its based on entry price. Order take place on market price and all get different prices, so pnl also different and exits times also different depend on entry price to target rally.
2) Strategy having define Stop Loss, Target, Partial target Booking, trail SL as per pnl.
G) Strategy pause, reactive, exit :-
1) GMA 11.1 not need to take any action as it is set only one entry and after exit it reactive after 12hr automatically, so no need to pause.
2) all other strategies need to Pause after exit if you done your daily target. And don't forget to remove pause after market hour or next day before market opening.
H) About Margin Requirements :-
1) Strategy run with 20k margin but we suggest to maintain 40k for avoiding fund errors in drawdown also.
2) extra margin help you to control over return expectations. As cut to cut margin can show double returns which misleading the users.
Disclaimer : These results are based on simulated or paper trading or hypothetical performance results that have certain inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown.
|Capital||₹ 40 K|
|PNL||₹ 200.2 K|
|Drawdown||₹ 25 K (63%)|
|Feb, 21||₹ 276.3||0.69|
|Mar, 21||₹ 29 K||72.41|
|Apr, 21||₹ 23 K||57.44|
|May, 21||₹ -20.4 K||-50.95|
|Jun, 21||₹ 7.9 K||19.78|
|Jul, 21||₹ -696.3||-1.74|
|Aug, 21||₹ 13.1 K||32.85|
|Sep, 21||₹ 79.9 K||199.69|
|Oct, 21||₹ 1.4 K||3.39|
|Nov, 21||₹ 26.9 K||67.17|
|Dec, 21||₹ -9.9 K||-24.68|
|Jan, 22||₹ 21.6 K||53.95|
|Feb, 22||₹ 13.8 K||34.38|
|Mar, 22||₹ -10 K||-25.04|
|Apr, 22||₹ 13.5 K||33.79|
|May, 22||₹ 10.9 K||27.37|