created : 1 week ago| | live deployment: 1
Strategy description
Disclaimer
I am not a SEBI-registered analyst.
This strategy is inspired by Mr. P.R. Sundar’s and other intraday directional option-selling approaches.
- Trades will begin only after 9:20 AM and all open positions will be closed by 3:10 PM on every trading day.
- On gap-up or gap-down days, the algorithm will wait for the initial volatility to settle before taking entries.
- 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.
- The algorithm is designed to trade with the trend, limit large drawdowns, capture profits effectively, and lock gains with a trailing stop loss.
- The success of trades also 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, etc.), please trade at your own risk.
Please ensure you backtest or paper-trade thoroughly to validate its accuracy before deploying in live markets.
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