created : 4 months ago| | live deployment: 1
Nifty Madmax2.0 is a Slow and Steady Short Selling Options Strategy on Nifty
On 1x Multiplier:
Risk: Rs 9000
Capital/Margin: Rs 125000 per Straddle (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.
Product Type and Square Off
This Algo trades only intraday using NRML orders and all trades are squared off by 3:27 PM.
The Algo will have maximum 1 lot Niftyshort option trades open on 1x multiplier.
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.
Nifty MadMax Features Friday-Wednesday - Sells 2 Lots of Nifty CE & PE 3 Times a Day - 1st Entry at 9.16, 2nd Entry at 10.35 , 3rd Entry at 14.30 - Before Entry to next Set, it will Exit the Previous Positions
- Sells 2 Lots of Nifty CE & PE 2 Times a Day - 1st Entry at 9.16, 2nd Entry at 10.35 - Before Entry to next Set, it will Exit the Previous Positions
Performance Since 2020 January