

created : 1 year ago| | live deployment: 4
Strategy description
Madness? This is Sparta!!!
Introducing Sparta | Fighter
Bank Nifty PE and CE short strategy
Total 2 legs Sell - 1 CE and 1 PE.
Strategy capital - 1.6-1.9 lacs with buffer.
Actual Capital basis your Broker margin.
Entry time - 9:17 am
Exit time - 3:19 pm (please do check this if supported by broker, else it may be EE on TT, auto exit on broker at square off time)
Target - per counter 700rs
Stop Loss - per counter 600rs and Leg wise exit if SL hit.
Reactivation - AFTER 2 MINS (if want not to take re-entry pause it from TT)
No of trades in a day - can range from min to any no. As per backtest data can go upto 18.
Last entry check at 3:15 pm.
Logic - Sells ATM CE & PE with defined target. Highly risky and rewarding.
Suggested to run only on free or minimal brokerage brokers to increase the profitability with reduced or 0 brokerage.
Dont go with Kotak as there are many issues came out recently unless pretty sure and confident. Finvasia is a better alternative with 0 brokerage. All other brokers also good in case you are comfortable with brokerages
We all know market is subject to risk. Invest your money wisely.
Join channel for historic summary of daily trades - https://t.me/Spartanalgo
Discussion - https://t.me/spartanalgodiscussion
Website: https://www.spartanalgo.in
You can DM creator @SpartanAlgos
You can also drop a note to [email protected]
Paper trade and only once comfortable deploy live.
About Spartan Algos:
We are a very small team collaborated together to bring something big, unique and a good change in Algo Trading community.
We are focused on simple approach yet logical and backtest data supported setup to provide you a consistent results for a longer duration.
This will ensure you restrict your losses and retain higher and higher profits.
Open Trading Account with us
IIFL
There are two plans which we will go ahead with, which is super beneficial for you :
Plan A: 5rs Per lot : Click here
Plan B: 20rs Per Order : Click Here
For Existing IIFL users who would want to avail above plan and reduce their brokerage can reach us for next steps.
IIFL XTS API is Free and once its activated clients get option to Create API and able to access ttblaze web application -
Below Steps to get it Activated
i) Write an email to [email protected] with below details :
Client ID Name PAN Mobile DOB (Date-Month-Year) Email Id
Location Segment
ii) You will receive detailed guided steps to create app and api from IIFL algo team
iii) Create APP and API'S through - https://ttblaze.iifl.com/dashboard#!/login and once created send email again to [email protected] to make API's active or post in IIFL TT support Telegram group.
ALICE BLUE
We have partnered with Alice Blue considering ease of execution and other Algo benefits.
Alice Blue offers free APIs and many other benefits and is our exclusive partner.
If you already have an AB account, no issues, you can still open it under any of your family member to avail this benefit.
Note : If you wish to avail benefits under our referral and pay 5% profit sharing only for lifetime on use our trading algo setup.
Once you Click below, Select TamilNadu - Madurai branch
Join our Telegram channel : https://t.me/Spartanalgo
Message us on Telegram: https://t.me/spartanalgos
You can also drop a note to [email protected]
Subscribers

VK 2 months ago
please send shared code live trade Sparta | Fighter (BNF)
Pramod Kumar Gaur 9 months ago
Hi Developer, I have following suggestions for improvement of performance of this strategy:- 1) Pl modify Profits per Trade to Rs.500 and Modify the StopLoss to Rs.1000. (the possibility of hitting Profits in each trade will be more and even after two profits and one SL will equate the trade); 2) Pl add to Buy one Lot of CE at 900 points distant and similarly buy one lot of PE. This will help to reduce the margin requirements. The amended version may tested, and I am surely will have more Profitability than the current strategy version. Good Wishes....
Rashmi 1 year ago
Good one.