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created : 4 years ago| |  live deployment: 42

created : 4 years ago |  live deployment: 42

Index Premium Eater

Strategy description

INDEX PREMIUM EATER

A semi-directional multi-index strategy trading Nifty & Sensex options.


Strategy Details

ParameterDetail
  • Start Time
9:17 AM
Exit Time2:55 PM
Capital Requirement₹6,00,000 per multiplier (X)
Target₹15,000 per multiplier (X)
Stop Loss₹8,500 per multiplier (X)
Trailing Stop LossDynamic
Drawdown~6%
Average Trades~350 per month
Max Open Positions8 at a time
Shared Code74e3f53e-aaf0-4769-bd3f-b5ce54139ee0


User Responsibilities

  1. Capital Buffer: Maintain an extra 5–10% capital above ₹6,00,000 to handle margin spikes on high-volatility days. Generate your API token between 8:30 AM–9:00 AM for smooth execution.
  2. Error Management: Deployment errors trigger WhatsApp or Tradetron calls. Review deployment logs and resolve issues promptly. Support is available via the designated Telegram group.


Algo Awareness

While the core logic is uniform, individual P&L may vary by entry strike/price. Differences balance out over time. For cost efficiency, use brokers with low/zero brokerage and reliable APIs. Contact us for broker selection advice.


Disclaimer

Market Star is not a SEBI-registered advisor. This strategy is rigorously tested but offers no guaranteed outcomes. Option trading carries risk and is only for those who understand option selling. Consult a qualified financial advisor before live deployment.

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