Strategy Link: https://tradetron.tech/strategy/457099
Subscribers: 0
Rating: 3.8
Tags | No Tags |
Margin | ₹ 40,000 |
Description:
Shared Code :- e6de98c0-5c08-4646-aa90-2c47896929a7
Contact me at
telegram:- https://t.me/growmoneyalgosofficial or by search in telegram @growmoneyalgosofficial
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.
Risk Disclaimer:-
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.
Important Instruction:-
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:-
https://t.me/growmoneyalgosofficial
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.
Totals | ||
Capital | ₹ 40 K | |
PNL | ₹ 200.2 K | |
Drawdown | ₹ 25 K (63%) | |
Std Deviation | 2.01% | |
Sharpe Ratio | 1.95 |
Month | PNL | PNL % |
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 |