created : 7 months ago| |  live deployment: 12

created : 7 months ago |  live deployment: 12

Gold Scalper Index Type 2

Strategy description

Gold Scalper Index BNF Type 2 is Bank Nifty & Nifty Options Writing Strategy. It trades multiple scalping entries each with 2 intraday Bank Nifty Straddle options strikes (1 Pair) and 2 intraday Nifty Straddle options strikes (1 Pair). It will keep on scalping all day long. Please deploy only on free brokerage. Not suitable for regular brokerages. This will only be available without hedge and separate hedge can be deployed to reduce margin. 


The manual hedge strategies can be accessed here.


Capital Requirement:-


As per norms of SEBI Rs. 3,00,000/-. This is indicative figures; please check with your broker for exact margin requirements.


First Entry :- 9.22 AM onward.

Last Entry :- 2.50 PM.

Last Exit :- 3.03 PM.

Per Countet SL :- 1000

Per Countet Target :- 1800

Profit Sharing:-


The Strategy doesn't have any upfront fees.


The strategy will entail 5 % profit sharing (Free to our existing Profitmart Referrals ( No need to deploy this strategy on Profitmart. Only need to open account with our referral), For new referrals Free sharing shall be applicable from date of account opening). The billing shall be done on fortnightly basis based on Tradetron High watermark Policy.

Link for opening referral account.



I or AlgoGuru are not SEBI registered advisors or Portfolio managers. I or AlgoGuru is not responsible for any kind of loss occurred in above trading strategies. All above strategies are based on Index Options Selling. If you're not aware of losses, please read or learn about Option Selling  and do not run this strategy till you are fully aware of the risks involved.


Automated & Algo 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 our algos are 100% fully automated, you're advised to keep a slant eye over the account to monitor any significant deviation or errors.


Contact Information


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Twitter: @algoguru1

Email: [email protected]