created : 9 months ago| | live deployment: 51

created : 9 months ago | live deployment: 51

Banknifty Fighter

by: Algo Wise

Volatility SpendTheta Bearish Bullish TrendFollowing Intraday Directional MarketNeutral

Strategy description

Strategy Details:

It is BankNifty Option Selling strategy based on Technical Indicators and Option Geeks
Target Profit Open
Stop loss 3500
Entry 9.23-9.30 exit 3:05
Capital required 90k plus 15k buffer total 105K
7.5 % profit Sharing (Check below for Discounts in IIFL)
It is Hedged strategy
shared code: 9eeee026-71c3-490f-ba9c-d53a2ad12df4

FAQs:

1. Best time to take entry?

Please take entry in morning opening along with us, any delayed entry will not match the PNL and trades with ours.

2. Is it okay if my trades are different than paper?

Yes, strategy checks conditions individually for each account

3. Manual exits and Reactivation of strategy?

We do not suggest manual interference.

4. Our Contact details

Telegram Notifications: https://t.me/algo_wise
Telegram Community(Discussion): https://t.me/algo_wise_family
Telegram DM: https://t.me/algo_wise_dm
WhatsApp : https://wa.me/919699020808
Link to Open IIFL: https://cutt.ly/pSkYn26 (20 Per Order)

Multiplier	Profit Sharing for our Referred IIFL Accounts
Banknifty Fighter at 1x	Free
Banknifty Fighter at 2x or more	2%

I am not SEBI registered analyst. NO claims, rights reserved. I am not responsible for your profit or loss. Please Consult Your Financial advisor before using this algo strategy.

Please Read all descriptions carefully and understand before subscribe this strategy.

Deploy on Live Offline Trading till you are Comfortable with strategy. For any query you can contact us.

Risk Disclaimer: -

Algo Trading does not mean a money-making machine, it is helpful in avoiding emotional trades, following rules, managing money and executing trades quickly. There will be downside, as well as upside we need to stay sticked with strategy. In Algo Trading there may be slippage, error in terminal or any technical issue. Although it is 100% fully automated trading, you are advised to keep a watch over the account to monitor any significant deviation. Algo Wise is not responsible for any losses.

Happy Trading!

MAKE MORE MONEY!!!

Exchanges

NFO

Capital Required

₹ 105,000

Monthly Fee

Free + 7.50 %

Suresh Nagapuri 2 weeks ago

Didn't excuted yesterday

Srinivas Ramana 1 month ago

With low VIX is it good to stay in this strategy?

Algo Wise 1 month ago

Yes, it has given good returns in Nov and Dec both

Srinivas Ramana 1 month ago

onth PNL PNL % Sep, 22 ? 3.2 K 3.07 Oct, 22 ? 36.3 0.03 Nov, 22 ? 1.5 K 1.39 Dec, 22 ? 2.1 K 1.99 There seems to be something wrong

Algo Wise 1 month ago

You can match it with our live shared code

Laxman Bhujabal 2 months ago

LOSS OF -2150

Algo Wise 1 month ago

Please post about profit as well, your comment is incomplete information

didar ratnani 3 months ago

Can I get BackTest Result?

Algo Wise 3 months ago

https://docs.google.com/spreadsheets/d/1OKMoLgRhTT2VZAJdGrPT_gjqMh3LSrgZ0yUoybL1I_0/edit#gid=0 Live auto results for past 7 months

Asif Ansari 3 months ago

Can it be used in flattrade ac?

Algo Wise 3 months ago

Yes

Mohit Sharma 3 months ago

hi, so far so good. just want to understand the broad logic and not the strategy formula.. is it Short strangle with adjustments or something else for eg...

Algo Wise 3 months ago

Short strangle with adjustment to go directional, again become non-directional

hardik shah 4 months ago

Why there is substantial difference in profit shown by tradetron and actual profit shown in trading account.... It is always a lower profit and higher loss.

Algo Wise 4 months ago

Paper trades are not same as live account, paper trades have zero latency which is not possible in live market

hardik shah 4 months ago

I am talking about live trades.. there is substantial difference

Algo Wise 4 months ago

1. Free brokers always have slipage use broker like iifl for lowest latency 2. Start with same time as me and no manual intervention

hardik shah 4 months ago

I am using angel broking and there is not manual intervention, it is on auto mode...

Algo Wise 4 months ago

Than compare it with shared code

Sandeep Mehta 4 months ago

How can i get 3 months P&L for this strategy

Algo Wise 4 months ago

https://docs.google.com/spreadsheets/d/1OKMoLgRhTT2VZAJdGrPT_gjqMh3LSrgZ0yUoybL1I_0/edit#gid=0

Jitu Tolani 4 months ago

Most consistent Strategy on tradetron, deploying since 3 months. Also creator is very supportive and very active!

Algo Wise 4 months ago

Thank you!

Chandu Tharad HUF 4 months ago

Lost 6500 (6%) per lot in a day.. Algo did not make any adjustments to PE sell when market crashed from 39600 to 39100. Had to manually exit the positions to prevent further losses. Why is such naked option selling strategy without stop loss or adjustments being sold to retailers?

Algo Wise 4 months ago

there is stoploss of 3.5k (3.5%) because of your manual intervention you have lost 6%

ram kumar gupta 5 months ago

Profit sharing is on gross pnl or in net pnl please confirm because lots of other charges are there

Algo Wise 5 months ago

Its on gross

babu roy 5 months ago

sir i have rased a recon for pnl some days back pls see.

Algo Wise 5 months ago

I have sent you message on telegram you have not seen it since 3 weeks i am regularly following up

Algo Wise 5 months ago

You haven't responded to our calls and text, you have pending bills please clear

BASAVARAJ S KARABANTANAL 5 months ago

TODAY'S MORNING LIVE TRADES ARE CE40500 , PE36500 & CE38500 ,PE38500 RENTRY CE38300 ,PE38300 ( CE,PE 38500 BOOKED ) BUT IN PAPER TRADING TRADES ARE CE40500 , PE36500 & CE38400 PE 38400 & PAPER TRADE PROFIT IS DOUBLE ( TILL 12:00 PM ) IT MISLEAD IN PAPER TRADE & LIVE TRADES , IS DAILY ITS SAME ??

BASAVARAJ S KARABANTANAL 5 months ago

TODAY'S MORNING LIVE TRADES ARE CE40500 , PE36500 CE38500 ,PE38500 RENTRY CE38300 ,PE38300 ( CE,PE 38500 BOOKED ) BUT IN PAPER TRADING TRADES ARE CE40500 , PE36500 CE38400 PE 38400 PAPER TRADE PROFIT IS DOUBLE ( TILL 12:00 PM ) IT MISLEAD IN PAPER TRADE & LIVE TRADES , IS DAILY ITS SAME ?? reply

Algo Wise 5 months ago

use shared code: 9eeee026-71c3-490f-ba9c-d53a2ad12df4 to compare trades trades can be different if you start late or there is lag in your broker

BASAVARAJ S KARABANTANAL 5 months ago

I HAD REPORTED BROKER ALSO THERE IS NO LAG IN BOKER SIDE OTHER CLIENTS TRADED AS SAME IN PAPER TRADE & LIVE . sent scrennshots to whatsapp below mention number .

Algo Wise 5 months ago

sir lag of half a second can change strikes as well, however paper trading is showing correct trades at my end, i have shared screenshot on your whatsapp

ZUBER HUSEN MANSURI 5 months ago

can you handle my account without tradetron , becaouse i am live in abroad timing is change can you shafe your number so we will talk

Algo Wise 5 months ago

9699020808

D KARTHIKEYAN 5 months ago

Hello sir strategy is good ROI can please share the pnl report for the year 2021 and how much maximum trade in a month.

Algo Wise 5 months ago

average 8-10 trades a day, live auto day wise pnl : https://docs.google.com/spreadsheets/d/1OKMoLgRhTT2VZAJdGrPT_gjqMh3LSrgZ0yUoybL1I_0/edit#gid=0

Anshu G 5 months ago

Good

Algo Wise 5 months ago

Thanks!

Abhishek Benkar 5 months ago

Consistent strategy

Algo Wise 5 months ago

Thank you!

TITUS R 5 months ago

Very Good strategy it is really a fighter

Algo Wise 5 months ago

Thank you!

Srinivasa Sampath Kumar 5 months ago

Super giving consistent returns all marker conditions

Algo Wise 5 months ago

Thank you!

Niroov sheth 5 months ago

Good strategy

Algo Wise 5 months ago

Thank you!

Suresh N 5 months ago

Excellent strategy with less drawdown

Algo Wise 5 months ago

Thank you!

Kalai 5 months ago

Working well

Algo Wise 5 months ago

Thank you!

Sudhakar 5 months ago

Good strategy but expense id very high i checked at the end of the month, high number of trades and with use option buying showing high ROI.

Algo Wise 5 months ago

I think you missed you maths class in school. Let me help you with calculations Strategy gives 10-15% a month with 20 per order it is 4% as brokerage cost 1-2% goes into tradetron fees and profit sharing. Boom you have 5-10% profit each month 12-24x of FD Also if you increase multiplier brokerage is same Also you can get free brokers or use our refrels for discounts

Algo Wise 5 months ago

Also never saw you deploy it live, so thankyou for the efforts to create a fake profile for fake review!

Gopi J 5 months ago

Good strategy follows the rule properly. Deploy and monitor is enough. can get good return and drawdown is restricted. makes us to get into fear mode when one leg is cut but manages strict SL. Freshers can deploy to get decent returns instead of going for high risk strategy. Telegram group of creator very useful for updates. NICE efficient and proactive creator.

Algo Wise 5 months ago

Thank you sir

Shakti Soni 5 months ago

Hi Admin, I have opened IIFL Account with link provided, hope i will charged 2%.

Shakti Soni 5 months ago

Can you also send me the steps on how to connect IIFL with Tradetron. last two days i was using this strategy in my 5 Paisa account but today i opened IIFL account.

Algo Wise 5 months ago

Sure please ping me on @algo_wise_dm

Kushal Patel 5 months ago

where can i find shared code for fighter? plz share here

Algo Wise 5 months ago

9eeee026-71c3-490f-ba9c-d53a2ad12df4

saptarshi sinha 5 months ago

Live trade exited but paper trade didnt exit. Why ?

Algo Wise 5 months ago

Paper trade doesn't capture real time pricing. Follow our shared code or live pnl google sheet.

Sathiya Malarvannan 5 months ago

Very good stretegy. working well. But for me last month many time error execution happend. i did click "mange " and click to try again.. sometimes worked ..some times not working..error ..keep coming. Al though in tradetron showing profit Rs 5794, but in my icicidirect account it is showing only 268 profit (after broherage+STT). invoice came with RS 513... i dont know what to do.. But i think nothing wrong with Bank nifty fighter stretegy.. contacted him on his whatsapp... responding well.. waiting to talk with him... my two month experience June22-Real profit as per broker..Rs 1012... paid him Rs.354. July - Real profit as per broker..Rs268... invoice came for 513... i am ready to pay because error execution on my side ..i think.... i will try one more month...then based on experience and response....Hope good

Algo Wise 5 months ago

Thankyou for the detailed feedback

Controller James Mail 5 months ago

Very Good

Supriya Ankush Jadhav 6 months ago

good

Algo Wise 6 months ago

Thank you!!

Devi 6 months ago

Good strategy and good support !

Algo Wise 6 months ago

Thank you sir!

Mallikarjun Bisanal 6 months ago

Why should you take place of deep out of the money on expiry

Algo Wise 6 months ago

To support margin Benefits and act as an hedge in extereme movement

Soumen 6 months ago

Very good strategy.. Getting very good profit.

Algo Wise 6 months ago

Thank you!

Neeraj Kumar 6 months ago

Sir Please reduce the monthly fee as now you have 200+ deployments . Your strategy is superb :)

Algo Wise 6 months ago

Thank you, Open IIFL account with us and get discounts on Profit sharing https://cutt.ly/pSkYn26 (20 Per Order)

Sharad Naik 6 months ago

I find the strategy quite good. Creator is supportive also.

Algo Wise 6 months ago

Thank you sir!

ROBOT 6 months ago

This Algo Wise human is dangerous person. He is master in playing with clients money. He can change his setting of his strategy at any time. He is so rude person. He somedays ago said that the price of TT subscription amount is going to hike in near days and urged to the TT customer to pay money for 3 months 6 months and 1 year. But when I called to TT they denied about price hike. He is fraud person. He create strategy and place on marketplace. But when we ask for shared code then he denied. Because he is playing with customer money. I am not raking this fraud person with one star also. He made Rs 72000 loss to me. Don't believe on this person. He is not transparent about his strategy. The backrest data can be edited by he manually in pdf. So be aware.

Algo Wise 6 months ago

Your deployment is in profit and you have unpaid invoices now you blackmailed to delete the invoice else you will make write negative review. shame on you sir very cheap mentality

VK 6 months ago

Hi sir same strategy nifty 50 please send link

VK 6 months ago

to day it is recovery wonderfull

Algo Wise 6 months ago

https://tradetron.tech/strategy/1938016

VK 6 months ago

Thank you sir

shekhar goel 6 months ago

good

Algo Wise 6 months ago

Thank you sir!

MANOJ KUMAR 6 months ago

good

Algo Wise 6 months ago

Thank you sir!

RAMA MISHRA 7 months ago

Thanks

User_PaytmMoney 7 months ago

Hi creator, I do not want unrealistic ROI, but a strategy with strict SL... ...is this strategy deployed with fixed SL because i want to trade with considerably good amount?? Please answer

Algo Wise 7 months ago

Hi sir, Strategy has Max SL limit at 3.5K per lot. 1 day 1 counter so max loss per day could be 3.5K per lot.

User_PaytmMoney 7 months ago

Thanks for the clarification

Algo Wise 7 months ago

https://t.me/algo_wise_dm if you have any queries you can reach out to me on Telegram as well

Harish Fitness 7 months ago

today i am going to open iifl account with your reference , can i deploy strategy from manday onwards or it will take time

Algo Wise 7 months ago

Yes! I have shared all steps to connect IIFL with Tradetron with you

Anil Dobariya 7 months ago

I join today this strategy , hope all is well.

Algo Wise 7 months ago

All is well!

TARRUNNUM JAMSHED SHAIKH 7 months ago

Very perfect n safe strategy as per its name. It's really a fighter.

Algo Wise 7 months ago

Thank you sir!

Yadagiri tech channel 7 months ago

Yes

Prasad More 7 months ago

Strategy works very well in all market directions. Good work guys.

Algo Wise 7 months ago

Thank you sir!

shashwat jain 7 months ago

good

Algo Wise 7 months ago

Thank you sir!

Sonali Manoj Sharma 7 months ago

Request you to please share its shared code with us to view the perforance since inception

Algo Wise 7 months ago

Please join telegram group, I post screenshot from live deployment. Same are also updated in excel sheet daily

Padma Sugumar 8 months ago

Sir, Can you post last 2 year BT report for this strategy. Strategy should be backtested atleast 4 years for the conviction but TT has only 2 year BT available

Algo Wise 8 months ago

Backtest work on 1 minute Condition check, strategy works on Tick by tick (continuous check). Thus back test is not taking orders as per live trades. Hence Back test not available.

Padma Sugumar 8 months ago

yes , TT BT has only 1 minute condition check , but anyway can you BT it and post the report please .

Algo Wise 7 months ago

Real life order exited at 128 backtest exit at 168, now please tell me what makes sense to post such back test?

paramjeet negi 8 months ago

I haven't deployed any marketplace strategies till now. I want to deploy your strategy. How and when will be the 7% profit sharing be charged and how to pay?? Please clarify

Algo Wise 8 months ago

Hi, We bill on the last day of every month, you will receive a invoice in tradetron itself for the 7.5% fees on profit you make. You can contact us on 9699020808 if you have any more queries.

paramjeet negi 8 months ago

Thanks for prompt reply. I will be deploying this strategy from today.

paramjeet negi 8 months ago

I deployed the strategy today. Tradetron showing profit of Rs. 295. However, in reality the profit was Rs. 128. I know that there are slippages due to which the difference is there. But can you please clarify (1) Is this profit difference normal i.e should we expect difference of Rs. ~200 Rs. per day. (2) the 7.5% profit sharing will be applicable on Tradetron profit or real profit. Thanks

Algo Wise 7 months ago

As clarified same on whatsapp, you are comparing paper trade and your deployment. so invoice would be made on your deployment and not on paper trade.

MilesonFrames 8 months ago

the strategy takes a lot of trades. you will be drained via brokerage and charges

Algo Wise 8 months ago

1. Never seen your live deployment 2. Strategy takes 8-16 trades average per day is 12 trades, if you are on 20rs plan than it is 240 per day which is less than 20% of daily average pnl. 3. You can use Finvasia OR you can Open IIFL with me and save for profit sharing. 4. learn the concept of net returns

MilesonFrames 8 months ago

You dont need to deploy live , i can see the no . of positions in paper trading or trading history. no need to tell me to learn anything. I know enough to conclude that the rosy picture the equity curve shows would like shit once you take into account the 20% charges

Algo Wise 8 months ago

I think you are bit weak in maths and accounting, let me help you here: Gross profit for 6th April to 26th May =33.5K brokerage paid with 20Rs per is 7.4K (ignoring you also have 5rs per lot and free brokers) Profit sharing at 7.5% is 2.5K ( ignoring you get it free for 1x or 2% at 2x or more in my IIFL) net left is 20K for 1 and half month on capital of 1.05 Lakh in non-directional option selling

ALAM 8 months ago

No 1 strategy he jabse use kar raha hu tabse roj profit me he kabhi loss huwa he nahe aage bhi na ho kisi ki Nazar na Lage sir ki strategy to super se bhi uper he

Algo Wise 7 months ago

Thank you Sir!

PRITISH KUMAR PANDEY 8 months ago

What a performance. Continuous on green, when everything is in red. Naam bhi fighter aur kaam bhi fighter, maan gaye yaar banane wale ko !! Bravo !??

Algo Wise 8 months ago

Thank you Sir!