created : 11 months ago| | live deployment: 4
Strategy description
IM01 algo is an Intraday Reliance Trading Strategy for NSE-equity Cash segment, it will dynamically BUY/SELL depending on market movements.
Target : Open
(So far On Nov 11,our algo ROI(Return On Investment) got 39.16% (1179Rs) in a single day for 1 multiplier)
Stop Loss : Approximately Rs. 500 ( Maximum Loss for 1 Multiplier)
(So far On Nov 12,our algo got 500Rs. loss in a single day for 1 multiplier)
Multiplier : 1 Multiplier was 12 Shares of NSE-Reliance Equity Shares, (Can select between 1 - 100 multipliers)
Capital : 2500rs for 1 Multiplier, depends on Broker you select.
(In zerodha for Reliance 16x Margin will be provided for Cover Order, 10x Margin Provided for MIS(Intra day) Order)
Start Time: Entry After 09:25AM (Depends on Conditions)
End Time: Square off/End Time After 3:10PM
Performance:
Algo 15 Days Market to Market (MTM) Performance Report (From 15 Oct 2020 to 06th Nov 2020):
**Strategy was free for Some time**
Please subscribe and try PAPER TRADING to check out the performance and get confidence.
Statistics
Binay Kumar 1 week ago
Every day I am in loss , I do not understand which technical indicator you are using ? please do some change and rectify your strategy .
New india 3 months ago
This doesn't really work. Too many failed trades. For month May Analysed the brokerage in zerodha for 1x - Close to 25*73 = 1825 just for brokerage. Profit shown is 1.5k, overall its loss of 300 when the claim is 59% profit. Even for 5x brokerage is 89*73 6497. Profit is 7500k as per the stats, overall profit is 1000 for an investment of 12500 which is less than 1%. This month, based on actual entries, only loss after 1-2 weeks and with brokerage as shown above, it's not going to be successful. So, calculate the brokerage and actual profit before trying this out.
SAROJ 6 months ago
Dear boss, loss is the part of market but today {4 Mach 2021 } 6 counter even in loss.I cann"t understand. brokrage?????? 12 transcations Why don"t you trail stoploss
Tarun Kumar 7 months ago
only booking loss my intraday 20 rs changes always affect my account
Jitendra Kumar Dubey 8 months ago
Thanks
Shivaji 10 months ago
Have any telegram channel or any media to contact. where can see pnl as daily basis.
Manish Ranjan Kumar 10 months ago
what is square off timing
Srikanth 10 months ago
Whats the max loss designed for a day? How many orders will be placed in a single day?
M V Eswara raju 10 months ago
good strategy with fixed minimum loss
Balaji Singh 10 months ago
today i tried it Live Auto, there were 3 consecutive trade three trades made a loss of Rs 1500 in 5X, When the SL is Hitting it is taking a reversal trade like this it has taken a 3 trades and made a loss, my suggestion is that there should be only one trade per day. in sideways market it will not work..
Dilip varma 10 months ago
Best Strategy For Beginners