Strategy description

Strategy Description:

The Vasishta trading algorithm is a comprehensive and dynamic approach that combines both intraday and overnight option trading on the Nifty index. This strategy aims to optimise trading opportunities by executing one intraday trade and one overnight trade per day.

The intraday trade employs the "Wait and Trade" principle and involves short selling one lot of either a call or a put option. It focuses on identifying favourable trading opportunities in the morning, entering the trade after 9:30 am, and exiting before 3:10 pm on the same day. This strategy aims to capitalise on short-term market movements. Initially, a long call (CE) or put (PE) option is taken to minimise margin requirements.

The overnight trade follows a BTST (Buy Today, Sell Tomorrow) or STBT (Sell Today, Buy Tomorrow) approach, depending on expected market gaps. This trade is initiated after 3:20 pm and closed prior to 9:25 am on the following trading day. It involves taking one long Nifty call (put) option and one short Nifty call (put) option.

The decision to engage in overnight trade is based on favourable market conditions and direction. Technical indicators are utilised to assess the market trend and the probability of a gap occurring.

Overall, the Vasishta trading algorithm intelligently combines intraday and overnight trading techniques to capture short-term movements in the Nifty index. The strategy emphasises the significance of patiently waiting for suitable trading opportunities and leverages the potential benefits of anticipated market gaps.

Capital:

To effectively implement the Vasishta trading algorithm, a minimum required capital of Rs 25000 (Considering lot size 25 )  is necessary. Additionally, we strongly recommend maintaining a 10% margin buffer to cover maximum drawdown and margin spikes.

Stop Loss:

For each individual leg of the trades, a predetermined stop loss is implemented. 

Pricing:

There are no upfront fees associated with our algorithm. Instead, we operate on a profit sharing model. We charge a 5 % profit sharing fee on the gross PnL (Profit and Loss) recorded by the TT deployment page. This profit sharing fee is calculated cumulatively across all our strategies. 

Paper Trading and Familiarization:

We highly recommend that all subscribers engage in paper trading for a minimum duration of one month. This practice allows you to become familiar with the system and gain confidence before transitioning to live deployment.

For any further inquiries or to get started with the Vasishta trading algorithm, please contact us using the details below:

Contact Information

Mobile: +919820972015

Email: [email protected]

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Disclaimer:

Saptharishi Algo operates as a platform for algorithmic trading solutions. It is imperative to understand that Saptharishi Algo is not a registered advisor with the Securities and Exchange Board of India (SEBI). Consequently, we do not provide any form of advice, recommendation, or guidance pertaining to investments or trading activities in the stock market.

We firmly emphasize that engaging in any trading activities, including but not limited to subscribing to our services or utilizing our algorithms, is solely at your own risk. The decision to participate in the stock market, execute trades, or invest capital is entirely your responsibility. We do not assume any liability for the outcomes, gains, losses, or consequences resulting from your trading decisions or actions.

While Saptharishi Algo endeavors to offer reliable and efficient algorithmic trading solutions, we do not guarantee the accuracy, completeness, or suitability of our algorithms for your individual trading objectives of financial circumstances. It is essential to conduct thorough research, seek advice from qualified financial professionals, and carefully assess your risk tolerance before engaging in any trading activities.

By subscribing to Saptharishi Algo or using our services, you acknowledge and accept that any trading decisions made based on our algorithms are made independently and at your own discretion. We disclaim any responsibility for the performance of your trades, financial outcomes, or any potential damages arising from the use of our services.

We strongly advise exercising caution and prudence when participating in the stock market, and we encourage you to make informed decisions that align with your financial goals and risk tolerance. Remember that investing and trading involve inherent risks, and past performance is not indicative of future results.

If you have any questions or concerns regarding this disclaimer or our services, please do not hesitate to contact us. However, please be aware that our communications do not constitute financial advice, and any information provided is for informational purposes only.

Thank you for your understanding and cooperation.

Sincerely,

Saptharishi Algo