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 info@spartanalgo.in

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 algo@iifl.com 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 algo@iifl.com 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

OPEN A TRADING ACCOUNT NOW

Join our Telegram channel : https://t.me/Spartanalgo

Message us on Telegram: https://t.me/spartanalgos

You can also drop a note to info@spartanalgo.in