created : 8 months ago| | live deployment: 1
Strategy description
This is a Momentum strategy executed thru Options Selling (Intraday). Reacts to market moves fast. Takes position in NIFTY(2 lots), BANKNIFTY, FINNIFTY, MDCPNIFTY. It reacts fast to the market move and will make 2 attempts per day per index to take a trade.
Entry time: After 920
Exit time: After 3pm
Day: All week days.
Capital: 6lac
No of trades: 10 per day.
In case there are any execution issue in live deployment, then you will see "Error Execution - Manage" option on Tradetron page. Here you have 3 options, Try Again, Cancel and Completed Manually. Check the notification log to try to fix the error and then use Try Again option once. If it still didn't work, it is best to choose Cancel and Exit the strategy for the day. Since it is a intraday strategy once a while such Error will not have any long term impact to the overall result.(Remember there is always a next day).
Note: In case you didn't do anything post the error and market has closed, nothing to worry. Since it's uses MIS order type, the broker system will close out all the open positions from this strategy. However from next day, you have to Delete and Redeploy the strategy again. (or choose "Completed Manually option and Reactivate)
