created : 4 years ago| | live deployment: 0
created : 4 years ago | live deployment: 0
Future SEWING Trade BANKNIFTY POSITIONAL.
Strategy description
Strategy description
Note :-
It is an Swing trading future buying strategy.
It takes position in the current market direction. Strategy Win Rate more than 60%.
This strategy buys 1 lot of Bank nifty current month expiry(BUY/SELL) at a time.
Defined Risk, High Profit Potential Per trade strategy.
Single Trade Maximum profit depend on trailing stop loss. There are 3lot entry with Different Targe
Single Trade maximum loss is limited upto (Rs. 3750) for 3lots. SL for each lot is Different.
Stoploss is trailed at C2C once PNL is 2500+ profit.
After TSL hit or Target hit or SL hit strategy get Universal Exited and Reactive after 2 minutes again. So, those want to stop for the day needs to be PAUSE the strategy personally.
If face MAX DD is continue for 3-4 Trades so don't panic. In testing with TradeTron platform, it was observed that it took 7-9seconds to execute order so slippages can occur as per market condition occurs.
Capital requirement: Approx 45-50k.
This includes drawdown 10-15k buffer balance and is advised to maintain same to prevent margin execution error.
If exiting early from the trade, Kindly use Tradetron exit option for strategy to prevent errorneous trades once strategy makes universal exit.
Before Starting Live auto trade :-
As paper trade results not considered slippages, do live offline trade minimum 23 August to 2 September periods.
After completing 7day live offline periods contact me on telegram.
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.
Profit Sharing:- 10% on Gross Profit
Compulsory Profit Sharing for this strategy.
For Every Month 1st and 15th date there are profit sharing invoices for all with 18% GST and need to pay on Tradetron platform. Required To clear pending invoices within next 3 day. Those have fail to pay invoices in 3 day get shifted to defaulter list and Block for all strategies.
PNL consider for all users as per Tradetron record only. So follow Tradetron process for entry and exit. Compulsory exit from Tradetron only.
(A)E.g. If in 1st Invoice date you got profit Rs. 10000, you will need to pay 10% means Rs. 1000 to Algo profit Gainers.
(B)Suppose in 2nd Invoice date you face loss Rs. 5000 then there are no any profit sharing and this loss get balanced in next Invoice date. Now in 3rd Invoice time you got profit Rs. 10000 again. Now the net profit will be 10000-5000(previous loss) = 5000 Rs. So you will need to pay 10% on Rs. 5000 means Rs. 500 to grow money algo.
Important Instruction: -
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 been consistent with strategy. Don't use strategy if you do not have patience to stay in strategy at least 3months.
As strategy have defined target and stop loss, sometimes target missed by some point.( Total profit in day between 10k to 15 k) 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.
Client need to maintain minimum capital always along with the buffer amount. (45k)
You can use a web-based terminal to monitor trade or use Tradetron platform. For Broker related issues contact TradeTron.
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.
Contact me at telegram:-
https://t.me/algoprofitgainer
Subscribers