Strategy description

JP ALGO Principles

1. Always follow money management. Capital required reflects worst-case drawdowns over the past three financial years; algo runs smoothly with 75% of that capital most of the time.
2. All strategies undergo LIVE-AUTO testing before marketplace publication; existing algos are continuously improved in LIVE-AUTO mode.
3. Entry and exit triggers are fine-tuned every half-year or year based on market conditions.
4. Full transparency: we use these algos for our own capital, so all data is open—no hidden drawdowns or costs.
5. Note: lot size changed in February, raising cost from ₹200,000 to ₹400,000; FY24-25 metrics use ₹200,000 base, FY25-26 use ₹400,000.

Overview

Strategy: BANKNIFTY STBT — a positional Nifty option-selling strategy that shorts based on market direction.

1. Bullish Market: Short Put Options (PE)
2. Bearish Market: Short Call Options (CE)

Key Details

1. Instrument: NIFTY BANK
2. Average Trades per Day: 1 (combined buy + sell)
3. Entry Window: 3:15 PM to 3:30 PM (when conditions are met)
4. Exit Horizon: Next 1–3 days, based on stop-loss, trailing SL, targets, or rollover

Deployment Considerations

If deployment is interrupted (paused or error), reset strategy status to “exited” to clear counters and variables for a fresh start the next day.

Risk Disclaimer

1. Non-SEBI Registered: Neither the strategist nor Tradetron is responsible for any losses.
2. Consult a financial advisor before trading. Use only capital you can afford to lose; do not use emergency funds.
3. Automated trading requires monitoring: technical errors or downtime can occur. Watch your account for deviations.
4. Paper trade for one month to learn the strategy before live deployment.

FY24-25 Performance

To receive past financial-year reports, message us on Tradetron and we will email you the FY24-25 data.