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created : 1 month ago| |  live deployment: 9

created : 1 month ago |  live deployment: 9

BNF MAGIC WHEEL V1

Strategy description

Strategy Description : 

           

                                     This is an option selling strategy , sells ATM Straddle and after first leg SL hit naked leg trails thru the Super Trend and other indicators. As strategy name suggests it keeps trying to enter near ATM by exiting far away one.



Max Loss :

 

                                    Max loss per 1x and per day is 4.5k



Target :

 

                                    6k for 1x and after 2.4K TSL activates

 

Capital Requirement :

 

                                          Need 1.75 lakhs for 1x


Entry Time: 0917-0927 (Fri and Mon)/ 0916 (Mon and Tue)/ 0919 (Exp day)


Exit Time: 1454 


please ping me on my telegram id @uppalaharibabu for any help

 

NO PROFIT SHARING OR MONTHLY FEES TILL DEC 2022 



MY LA SHARED CODE- 43f0e81a-a467-4645-9cbb-ca85952698a0 


Join my Telegram channel-

 

https://t.me/+U6AEobLBUp82Yjg1 



 

Useful links to handle any Errors in Tradetron:

It is important for you go through below videos before you start using TradeTron platform for ALGO Trading:

 

How to Resolve Error Execution in TradeTron: https://youtu.be/3A87TyQCEGU

Detailed Explanation about different Status of Strategy: https://youtu.be/PMqkzU0-Dmg

Exit on Error Settings: https://www.youtube.com/watch?v=nDHPLpW5oXU

How Tranching works: https://youtu.be/949KHwoqn4M

How to resolve errors: https://qna.tradetron.tech/t/how-do-i-resolve-error-execution/28

   

Disclaimer: I am not a SEBI registered investment, trading or financial advisor. Don't deploy my strategies based on past performance only, please go through all the details mentioned above and make your decision accordingly. I am not responsible for your profits or losses. Though backtesting and live performance results give an indication of what can be expected in future, however it is not guaranteed that strategy will perform in same way as it has done in the past. Although this strategy is fully automated, you are advised to keep a track on your account to monitor any deviations or errors due to any Technical glitches from Broker or Tradetron end. Options trading involves market risks, please consult your financial advisor before investing.




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