GFD | Gamma Finnifty Directional

Created By: StrategyOne
Deployed By: Tradetron

Strategy Link: https://tradetron.tech/strategy/2072106

Subscribers: 631

Rating: 0

Tags SupportResistance, LongGamma, Directional, TrendFollowing
Margin 40,000

Description:

Strategy in Brief: 



GFD - Gamma Finnifty Directional

Buys ATM Index Option in Finnity for Intra+Positional Basis - Weekly & Monthly Options

Exit & SL as per defined criteria within the strategy.

Order Type:  NRML Order

New Entry Time: 09:31 AM 

Exit Time: Not defined


SL per Counter: -4000

TSL From: 2000




For more details, you can check the below links:-


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Important Video Links


Strategy Combos

Understanding Strategy Correlation

Drawdown & Risk Management in Algo Trading

Broker Comparison for Algo Trading





How it Works

  1. This strategy takes a option buying decision basis support and resistance RSI, Moving Averages and Open Interest. Once it takes a decision it enters either a CE or a PE for both or one of the indices, depending on the parameters for both the indices. 
  2. This is a intra+positional strategy, and you should keep patience with the postions taken and allow the postions to play. 
  3. The strategy tries to filter the noise in the market, and takes a position at likely beginning of the trend. If the trend has strength it would take further positions in the direction of the trend.

What to Do

  1.  Fire and Forget. Leave it in auto mode and see the magic. We recommend you put this strategy in TT Paper Trade for the first week, this will help you build patience required for sticking to the strategy.
  2. Be Patient. Allow the strategy to catch the trend. In most cases, it will exit before the trend reverses and take a counter position. But sometimes due to volatility it might take more than 1 trade in a day.
  3. Recommended Multiplier is 1x to 5x. 5x is maximum limit set by us as option buying is risky due to theta decay. Please use this strategy as part of your portfolio including option writing strategies to give you an edge in long term as trend doesn't remain forever.
  4. You can however exit the strategy if you like the profits you have made. However, we recommend you ride the trend with us.

What Not to Do

  1. Don't trade this strategy inconsistently. You need to give it at least 2 weeks in live before deciding if it is useful for you or not.
  2. Don't Panic, this strategy analyzes trade parameters at regular intervals before deciding the move. The objective is the remove the noise and remain in position.
  3. Don't worry about theta decay, as we take mostly liquid ITM options, theta decay is minimal in most cases, it will be compensated by the move.


Invoicing Rules

  1. Invoice to be generated on 2nd of every month. You will be given 5 days to pay and if not paid by 7th Midnight. You will be blocked for ever.
  2. If on an overall basis across strategies, you end up having a loss, this will be set off against future PNL. 
  3. If you are doing PT on the strategy via our trial coupon and then move to a live trade without our permission/payment of the strategy. We will block your execution.

Support

Telegram Channel: StrategyOne Telegram Channel



Strategy One Salient Features

  1. All strategies have SL built on fixed % loss, Market and Trade Parameters. SL is explained for each strategy.
  2. All intraday strategies are designed with Discipline in mind, if SL hits there is no re-entry. 
  3. We have multiple strategies across different segments and at multiple price points. 
  4. We have combo plans for our strategies, join our telegram group to know more about it. Under this you will get complimentary access to the our pro strategies, if you subscribe to multiple strategies our ours.

Our Strategies portfolio is as below :-

  1. Gamma - Positional Option Buying Strategies
  2. Theta- Intraday Option Selling Strategies
  3. Sigma - Swing Cash Portfolio Strategies
  4. Alpha - Dynamic Option Buying and Selling Combo Strategy
  5. Delta - Swing Positional Futures Strategies
  6. Zeta - Positional Option Selling Strategies

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.

Statistics

No Name Value
1 Capital Required Rs. 40000.00
2 Total Trading Days 733
3 Win Days 549
4 Loss Days 179
5 Max Winning Streak Days 375
6 Max Losing Streak Days 7
7 Win Rate 74.90%
8 Avg Monthly Profit Rs. 2224.68
9 Total Profit Rs. 77652.07
10 Avg Monthly ROI 5.56%
11 Total ROI 194.13%
12 Standard Deviation (Annualised) 61.24%
13 Sharpe Ratio (Annualised) 1.09
14 Sortino Ratio (Annualised) 1.39
15 Max Profit in a Day Rs. 10752.00
16 Max Loss in a Day Rs. -6018.00
17 Avg Profit/Loss Daily Rs. 105.94
18 Avg Profit on Profit Days Rs. 558.48
19 Avg Loss on Loss Days Rs. -1244.33
20 Avg no. of trades (Buy + Sell) per trading day 2.36
21 Max Drawdown Rs. 13256.00
22 Max Drawdown % 16.05 %

Daily Summary

Day Returns (%) Max profit Max loss
Monday 11.78 4910 -4778
Tuesday -65.9 6150 -5266
Wednesday 125.7 7818 -4914
Thursday 37.77 6762 -6018
Friday 88.73 10752 -3530

Month Wise PNL

Month Total Trades PNL (Rs) PNL (%)
Sep, 22 350 -4206 -10.51
Oct, 22 19 3194 7.99
Nov, 22 83 12392 30.98
Dec, 22 112 10442 26.11
Jan, 23 132 10202 25.51
Feb, 23 104 16119.99 40.3
Mar, 23 128 2311.99 5.78
Apr, 23 72 4817.98 12.04
May, 23 89 1999.99 5
Jun, 23 78 2140 5.35
Jul, 23 101 6137.99 15.34
Aug, 23 107 8045.98 20.11
Sep, 23 97 3149.99 7.87
Oct, 23 69 5820 14.55
Nov, 23 62 -1542 -3.85
Dec, 23 61 -5332 -13.33
Jan, 24 63 1958 4.9
Feb, 24 0 0.01 0
Mar, 24 0 0.01 0
Apr, 24 0 0.01 0
May, 24 0 0.01 0
Jun, 24 0 0.01 0
Jul, 24 0 0.01 0
Aug, 24 0 0.01 0
Sep, 24 0 0.01 0
Oct, 24 0 0.01 0
Nov, 24 0 0.01 0
Dec, 24 0 0.01 0
Jan, 25 0 0.01 0
Feb, 25 0 0.01 0
Mar, 25 0 0.01 0
Apr, 25 0 0.01 0
May, 25 0 0.01 0
Jun, 25 0 0 0