created : 1 year ago| | live deployment: 2
Strategy in Brief:
TMS - Theta Mast Straddle
An Intraday Strategy that Sells a Straddle in Nifty and Bank Nifty at a predefined time and predefined SL. (Single-Counter)
Order Type: MIS Order
Entry Time: 09:18 AM
Exit Time: 03:01 PM
SL per Counter: -4000
Target per Counter: Open Target with TSL
Track our trades via our Live Shared Code:
For more details, you can check the below links:-
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Live Strategy Tracker on Telegram
Important Video Links
Understanding Strategy Correlation
Drawdown & Risk Management in Algo Trading
Broker Comparison for Algo Trading
Theta Mast Index Straddle ( TMS ) System
An always paired system that works on price action of the underlying instrument (nifty and banknifty), works on a hybrid signal, with a part of signal being triggered from an external system with hybrid controls within tradetron.
Paired Nature provides consistent performance in the toughest of market conditions and has the capability to handle extreme volatility.
Strategy takes extremely low trades -> below 250 trades in a month across both indices.
Strategy will shift straddle 2 times max per index (Nifty and Banknifty).
How it Works
- This is an entirely intraday strategy, and you should keep patience with the postions taken and allow the postions to play and eat theta.
- The strategy makes money from theta decay and incase of a trending market, it will may fail to capture decay.
What to Do
- Fire and Forget. Leave it in auto mode and see the magic. We recommend you put this strategy in TT Paper Trade for the first week, this will help you build patience required for sticking to the strategy.
- Be Patient. Allow the strategy to work. It only takes position once a day, adjustments are made with SL and exits the position by end of the day.
- The strategy will not be redeployed if SL is hit on both sides due to choppy markets.
- Recommended Multiplier is 5x to 20x.
- You can however exit the strategy if you like the profits you have made. However, we recommend you eat theta with us.
What Not to Do
- Don't trade this strategy inconsistently. You need to give it at least 2 weeks in live before deciding if it is useful for you or not.
- Don't Panic, this strategy analyzes trade parameters every 5m, 10m and 15m before deciding the move. The objective is the remove the noise and remain in position and earn theta
Manoj Sharma 10 months ago
Amazing non directional strategy. One of the best paired strategy on TT with very low drawdown.
A I 11 months ago
After couple of weeks of deploying this strategy in LA, I can confidently recommend this intraday strategy. It gave a gross return of 5.2% in 14 trading days. Given the turbulent nature of market at this time, this is a very commendable performance. SO team is very forthcoming in answering questions and have already made an adjustment to improve the expiry day performance. This shows the responsiveness on the creators part to the concerns of the subscribers. Keep it up and continue the good show....
bedayan 1 year ago
good consistent performance so far..hope it keep it up its performance
Micheal 1 year ago
stable performance so far...