created : 1 year ago| | live deployment: 2
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 : 5000rs 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.
Bhaskar Sundarraj 8 months ago
Took 3 different trades, all were in loss.
Binay Kumar 1 year 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 1 year 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 1 year 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 1 year ago
only booking loss my intraday 20 rs changes always affect my account
Jitendra Kumar Dubey 1 year ago
Thanks
Shivaji 1 year ago
Have any telegram channel or any media to contact. where can see pnl as daily basis.
Manish Ranjan Kumar 1 year ago
what is square off timing
Srikanth 1 year ago
Whats the max loss designed for a day? How many orders will be placed in a single day?
M V Eswara raju 1 year ago
good strategy with fixed minimum loss
Balaji Singh 1 year 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 1 year ago
Best Strategy For Beginners