created : 2 months ago| | live deployment: 3
Strategy description
Alpha Wavyes Strategy Overview
Alpha Wavyes by Resoluto is an intraday option buying strategy focused on capturing trends in Bank Nifty through long positions. The strategy uses trailing profit logic to manage open trades and is built for systematic trading during market hours.
Instrument & Type
| Parameter | Details |
|---|---|
| Instrument | Bank Nifty |
| Type | Intraday Option Buying |
Capital & Trade Frequency
| Capital Requirement | Average Trades Per Day |
|---|---|
| ₹50,000 (for 1 multiplier, including buffer) | 2 (Buy + Sell) |
Entry & Deployment Timing
| Timing Type | Details |
|---|---|
| New Counter Start | 9:15 AM daily |
| Trade Duration | Until 3:19 PM or TSL/Universal Exit |
| Deployment Window | Before 9:15 AM |
User's Responsibility
- Maintain adequate capital. If a token is generated between 8:30 AM and 9:00 AM, 95% of executions proceed without error.
- If an error occurs during live deployment, users will receive a WhatsApp notification or a call from Tradetron. Check the deployment's notification log and resolve issues promptly.
- An unresolved error will stop the strategy from functioning, possibly leading to unexpected trading results. Contact Tradetron support or your broker if needed.
- Server issues, connectivity problems, or external disruptions may lead to financial impact. Resoluto LLP, its employees, or affiliates are not liable for such events.
User's Algo Awareness
- The strategy logic is uniform across users on Tradetron. However, individual execution prices may vary. For example, one user may buy at 300, another at 305, resulting in different adjustments and outcomes.
- Such differences are normal and usually balance out over time. It is important to accept these variations when deploying shared logic strategies.
- Select a broker with a reliable API to reduce the risk of execution failures or order lag.
Disclaimer
- Resoluto LLP is not a SEBI-registered advisor and does not make specific return claims.
- Consult a SEBI-registered investment advisor before deploying any live strategy.
- Option trading involves significant risk and should only be undertaken if you fully understand the instrument and its behavior.
- If unsure, it is better to avoid trading with this strategy.
