created : 4 months ago| | live deployment: 2
Strategy description
This strategy is introduced by Market Star. Market Star is a well known brand with thousands of subscriber base since 2 years in algo trading.
Fundamental : BankNifty Premium Scalper is a scalping strategy to sustain during volatility. It starts with non-directional ATM straddle but later as per market move it becomes directional. If needed it takes reentry too.
Entry : Strategy enters at 9:16 onwards when it finds entry will appropriate.
Exit : Target 600 to 900. Stop loss : 750 or 2:55 PM
This is a single counter strategy so max loss in a day is not defined. Still logically it can loose 3500 / X multiplier in day.
Considering average 450 trades per month, we adivise to run this strategy on free brokerage broker account. We have reduced our profit sharing to help users to adjust with operating cost.
Strategy shared code:
acff01f2-6065-4963-9553-8217b486cddd
Strength and Weakness : The startegy works in almost all types market consistently what we have seen while backtesting it for one year of data.
Whoever wants a systematic trading with consistent return your search ends here.
Telegram Support : https://t.me/Market_Star_Algo_Live
Contact : https://t.me/MarketStar_Admin
Youtube Channel : https://www.youtube.com/watch?v=eU_h4eUc3RQ&t=31s
User Registration Link (Compulsory) : https://docs.google.com/forms/d/e/1FAIpQLSciES6FHkqmTwXCcW-3MLLhJvJ9C6-hlwdTRoBAIQnASrovgw/viewform?usp=sf_link
To make a wise decision, you can check live auto real trade data from below link where MarketStar regularly updates PNL based on our own live auto deployment.
PNL Summary Google Sheet
https://docs.google.com/spreadsheets/d/1AwC1Z2XaWg-EPnpYFW28xKwnskn4eR1GF9LYJfojThc/edit?usp=sharing
Strategy Cost
Strategy is free to subscribe. At the end of the month on your live deployment whatever profit will be there , 4% of that profit will be invoiced to you.
If you open an IIFL account or Alliceblue using below link then our strategies will be free as long as you trade in the same reffered account
IIFL Refferal Link : 5 per lot (Low multiplier user)
AliceBlue Refferal Link : 15 Per Order
After opening account please share your details in below google form so that we will create 0 invoice for u
Deviations
We enter and exit all trades at market price. It is impossible that for all users ens result will match. When checked closely paper trade to paper trade results differ. Paper to live trade and live to live trade also results differ. I have deployed same strategy in 2 different accounts since last 1 month. Though there were differences in daily PNL but overall monthly PNL does not differ much. Please understand this is not an issue. This is a fact we need to accept.
Disclaimer: MarketStar or I'm not SEBI registered investment or financial advisor. Don't deploy any of our strategy based on past performance only. All the pnl we update is our own Live Auto pnl and it is for information purpose. Paper trading for a month is the best way to learn and earn huge return in long run. You won't become rich in short term with any strategy
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