created : 2 months ago| | live deployment: 2
Strategy description
BANKNIFTY OPTIONS BUYING STRATEGY
For Goutham ALGOs
Base Capital Example: ₹7,500
OVERVIEW
This strategy is a systematic intraday BANKNIFTY options buying model built to capture short-term momentum.
It operates on a 1-minute chart and trades automatically using predefined rules — eliminating emotions and maintaining discipline.
Designed for retail traders seeking:
• Controlled risk
• Low capital requirement
• High-frequency consistent trading
STRATEGY CONCEPT
The algo identifies market momentum and executes Call Buy or Put Buy trades based on price movement and internal candle logic.
Mechanics:
Track BANKNIFTY price from market open
Identify momentum trigger
Execute CE or PE buy entry
Apply fixed Stop Loss & Target
Trailing SL locks profits
Only one open position at a time
Risk-Reward Ratio: 1 : 3 per trade
Trading Style: Intraday Options Buying (No overnight positions)
TRADE OPERATING TIMINGS
Start Time : 9:15 AM
End Time : 3:05 PM
Timeframe : 1-minute candles
CAPITAL & RISK STRUCTURE
| Parameter | Value |
|---|---|
| Capital per 1X Unit | ₹7,500 |
| Example Capital | ₹20,000 (2X) |
| Risk-Reward Ratio | 1:3 |
| Monthly Trade Count | ~100 |
| Max Positions | 1 |
| Expected Drawdown | ~10% |
TRADE TARGET & RISK
| Capital | Multiplier | Profit Target | Stop Loss | Trailing SL |
|---|---|---|---|---|
| ₹7,500 | 1X | ₹1,500 | ₹500 | ₹500 |
| ₹15,000 | 2X | ₹3,000 | ₹1,000 | ₹1,000 |
Example:
If capital = ₹15,000
• Target = ₹3,000
• Maximum loss = ₹1,000
PERFORMANCE CHARACTERISTICS
• High-frequency trades (~100/month)
• Targets momentum only — no random trades
• Results normalize over monthly cycle
• Designed for long-term consistency, not daily perfection
USER RESPONSIBILITIES
API Token Setup
• Generate API token between 8:30 AM – 9:00 AM every day
Error / Notification Handling
• Tradetron/WhatsApp alerts if error
• Check logs immediately
• Use Telegram support for help
Broker
• Prefer low brokerage with stable API
BEST PRACTICES
• Ensure strong internet & stable API session
• Do not manually interfere unless emergency
• Do not add/withdraw capital mid-day
• Focus on 30-day performance view
• Follow consistent execution — no emotional trading
KEY POINTS
• Fully automated
• No averaging / no martingale
• Strict stop-loss discipline
• Fixed defined risk
• Goal: Capital preservation + consistent growth
DISCLAIMER
• Market trading carries risk — no guaranteed profits
• Slippage, internet/API issues may occur
• Past performance is not a guarantee
• Goutham ALGOs is NOT SEBI-registered
• Not financial advice
• Trade options only if you understand risks
• Consult financial advisor before deploying capital
SUPPORT
Email: [email protected]
Subscribers
