created : 10 months ago| | live deployment: 0
Nifty ECHO is a Directional Strategy on Nifty via Long Options. Takes Position anytime after 10.45 pm on statisfying the criteria
On 1x Multiplier:
Positions: 2X Long Options and 1X Short Options
Capital/Margin: Rs 100000 per Set (1 Lot Set) (as per Zerodha Margin Calculator)
Universe: Nifty Options
The Actual P/L may vary dependent on Slippages, Order Executions and other factors varying from Individual to Individual.
Max Multiplier- 20x
Product Type and Square Off
This Algo trades only intraday using NRML orders and all trades are squared off by 3:27 PM or other parameters.
100000 per X
If you have different broker, please use their margin calculator and related information to calculate how much margin you need to keep. Please do not send us queries asking about how much margin you will need, you have to do your homework.
Automated Trading is NOT Unsupervised Trading
Good Past performance is no guarantee of future results. It also extends to the fact that you shouldn't discount an algo simply because it's done poorly recently as it can revert to its usual amazing results in future. Although the Algo is 100% fully automated, you're advised to keep a slant eye over the account to monitor any significant deviation or errors.
The Back Test Performance and Equity Curve attached below