Strategy description

Nifty Climber Strategy Overview

Strategy Overview

1. Nifty Climber is an option-based strategy developed for Nifty instruments with a lower capital requirement.

Strategy Parameters

1. Capital Requirement: ₹10,000 for 1x (1 Lot of Nifty current week option).
2. Execution Frequency: Typically involves 2 to 4 trades per session, though this may vary.
3. Operational Duration: Users are encouraged to maintain deployment for a minimum of one month to understand the strategy cycle.

Operational Guidelines

1. Performance Monitoring: Strategy performance should be evaluated over an extended duration, such as a weekly or monthly basis, after accounting for all applicable taxes and costs.
2. Strategy Management: The automated system manages entries and exits based on predefined internal logic.
3. Manual Intervention: It is generally recommended to allow the automated system to manage positions according to its internal parameters rather than performing manual exits.
4. System Maintenance: The underlying calculations are subject to periodic updates.

Execution Rules

1. API Token: Ensure the API token is generated or renewed daily before 09:00 AM via the broker and exchange configuration page.
2. Status Verification: Confirm that all deployed strategies remain in an active status.
3. Position Management: Manage all positions directly through the Tradetron interface rather than the broker terminal, except in the event of system errors.

Participation Terms

1. Service Fees: A 10% fee based on strategy activity is applied. Invoices are issued at the end of the month, with a due date of the 10th of the following month.
2. Initial Testing: Run the strategy in paper mode for at least two days before considering live deployment.
3. Variability: Results may vary based on individual broker environments and execution timing. Users are encouraged to maintain consistency over a period of at least one week to observe the system's operation.

Support

1. For any inquiries, please contact: [email protected]

Disclaimer

1. The provider is not a SEBI-registered advisor.
2. The provider is not responsible for outcomes resulting from the use of the mentioned strategy.
3. Before deciding to trade, users should carefully consider their investment objectives and capacity to manage potential fluctuations.
4. If the risks are not fully understood, users must seek independent advice from a qualified financial advisor.
5. All strategies are used at the user's own discretion.