Strategy description

Strategy Overview

This strategy builds upon various intraday directional option-buying techniques. It focuses on entering options in the direction of momentum, uses strict stoploss for risk control, and closes all positions by end of day to avoid overnight exposure.

Key Rules

1. Trades will begin only after 9:20 AM (2 Lots) and all open positions will be closed by 3:15 PM on every trading day.
2. On gap-up or gap-down days, the algorithm will wait for the initial volatility to settle before taking entries.
3. This strategy is not a tool for easy money-making. Its objective is to minimize human errors and reduce the impact of emotional decision-making in trading.
4. The algorithm is designed to trade with the trend, limit large drawdowns, capture profits effectively, and lock gains with a trailing stop loss.
5. There is a maximum 4 sets of trades allowed per day. That means as long as a defined trend is available in market the algo will place upto 8 trades (4Buys & 4Sells) a day ensuring no over-trading.
6. The success of trades depends on factors such as the broker’s platform performance, market liquidity, and volatility conditions.

Note:

On event-driven days (e.g., major announcements, budgets, RBI policy, elections, global events, etc.), market behavior can be highly unpredictable. Trade cautiously and at your own risk.

Please ensure you backtest or paper-trade thoroughly to validate its accuracy before deploying in live markets.

Disclaimer

NeuraTrader is not a SEBI-registered analyst . This strategy is shared strictly for educational purposes only. It is not a buy/sell recommendation. Please consult with your financial advisor before taking any trading or investment decisions.