created : 5 months ago| | live deployment: 75
Strategy description
Get Set Nifty – Multiplier:
Nifty multiplier is an intraday strategy to take maximum benefit from intraday time decay (THETHA). This strategy is designed in such a way that it will be able to handle sharp rise in volatility (VEGA) and to generate a consistent average monthly return of 10% to 15% on capital deployed.
As someone has rightly said, “Return of capital is more important than Return on capital”. This strategy overrides the human emotions to achieve consistent returns through following pre-defined rules of trading:
Rule No.1: To ensure capital protection
Rule No.2: Consistent returns
Rule No.3: Always follow strict stop loss
Rule No.4: Trading basis the sound methodology based on past facts is worth the chance.
Rule No.5: Don’t forget the above Rules.
Position Taken: It daily sell position @ 09:30 AM in three lots of Call & Put from current week expiry. Strike price is selected based on defined parameters.
Capital Requirement: As per current intraday leverage available, Nifty multiplier requires margin approx. of INR 4.5 Lacs (With Zerodha). Margin requirements across brokers may differ. Users are suggested to check margin requirements with their broker for short selling three lots of Call & Put.
(Note: Capital requirement or lot size is purposefully kept on the higher side to provide cushion on highly volatile stop loss hunting days and consistent returns.)
Risk Management: This strategy smartly managed risk by defining stop loss at every leg. Considering the position size of three lots total loss per day has been restricted to INR 6K.
(Note: Stay focused on the big picture when trading. A losing trade should not surprise us; It's a part of trading. A winning trade is just one step along the path to a profitable business. It is the cumulative profits that make a difference.)
Profit targets: We have not defined any target cap on profits.
In case of any queries related with Algo trading, please reach out to us on below mentioned platforms. Always happy to help.
Instagram - @Getsetalgo
Telegram Channel - https://t.me/heygetsetalgo
Telegram Group - https://t.me/GetSetAlgoCommunity
Mail - getsetalgo@gmail.com
Statistics
kalpesh joshi 4 days ago
last 3 days the strategy not working properly please do some changes for this type of market
SRIGEETHA KADAMBARI 1 week ago
Amazing Strategy.... My sincere Thanks to Mr. Rao for recommending this Tried several other Strategies in last 6 months..... The results of this strategy are awesome !!! Fallen in love with this Strategy in 2 weeks of deployment
Santhosh 1 week ago
Good
Arjun Edayil Valappil 1 week ago
One of the best strategy, available of tradetron. Keep calm, and let the algo do its magic, and make sure you run the algo patiently for a full month before you judge.
Dhawal Pathak 1 week ago
I have tried many strategies on tradetron but all of them failed to match the results of get set multifier-nifty 1.0 after losing time and money in many algo strategies. I finally found the right fit which gives me consistent results touch wood in the last 35 days of deployment I have faced just 4 loss days which were around 1000-2500 but average profit days are of 3000+ if somebody is looking for low risk and consistent rewards, this is the one you are looking for, people algo is not for one day you got to be consistent and patient with the strategy it will get you results thank you team get set algo
Sree 1 week ago
Good strategy with consistent returns
M R N Rao 1 week ago
in 52 trades I made excellent returns, very consistent, Stay invested with this strategy
Indranil Chatterjee 1 week ago
I have been using this strategy for continuous 21 counters and I must say that this is one of best strategies available in Tradetron. Most important factor I liked in the strategy is the return to Maximum Drawdown ratio which is fantastic till date. Creators are always available for any query and they are extremely helpful.
Hiralbahen Janakkumar Patel 2 weeks ago
Dear strategy maker, Please revise the strategy to place limit order in place of market orders. I have deployed this strategy in both mode, paper trading and live auto and observed that actual price for order execution for live auto is different than paper trading, due to market order. Thus for today in paper trading profit is 1000 however for live auto it make 2000 loss, as due to entry price difference in both stop loss was hit for live auto but not for paper trading and than market recoved for paper trading book profit while live auto book loss..
Chandan joshi 2 weeks ago
sir in zeroda 15500 3rd june expiry call is 106 and if we short it margine is required 500000. now tell me how can we short put also here. while only call is required 500000. so plz suggest me. is here 1000000 margine is required or only 500000.
Niroov sheth 3 weeks ago
Good Strategy w.r.t to risk return.
Rajneesh Sharma 3 weeks ago
How much capital required as per new sebi margin
Ruchi Kumari 3 weeks ago
I request anybody who has subscribed for this strategy to share pnl statement of any broker. Just want to see how much difference is there between paper and live trading.
Saurabh 3 weeks ago
Working well and very consistently. Well done.
Neha lalwani 3 weeks ago
Get Set Algo Is really a Get Set Go. The best part is you don't really need to do anything it's just the strategy that will play and will give you good returns. The support from Get Set Algo team has been really helpful, they guide at each and every step. Kudos to the team and all the best!! Would really like to recommend this strategy who is willing to grow money by investing minimal time. Get Set Algo Rocks!!
RITIKA DEY 3 weeks ago
Average. Good for paper trading
SHRUTI DHARIWAL 3 weeks ago
One of best strategy for consistent income. Kudos to team Get Set Algo !!!
NIRAV VARIYA 2 months ago
Strategy that gives consistent returns along with effective risk management. Capital required is slightly higher but returns are also significant. One can have a huge opportunity loss in case of non-deployment of this strategy. Thanks to team Get Set Algo for this amazing strategy!
Ishwar Shivlani 2 months ago
Requires lot of capital but works really well, so trust the strategy and deploy!
Sunny Shivlani 2 months ago
Finally something thats makes money! And also has constant support from creators on telegram group!
Abhas Jain 2 months ago
Have started my algo trading by subscribing this strategy and it has given me more than 10% return in just 8 days. The strike rate or consistency is amazing since I have deployed it in my account (7 out of 8 trades were profitable). It is taking advantage of time decay pretty smartly by having 3 repair conditions (or SLs), making the strategy more robust in terms of Risk to Reward ratio. Margin requirement is on higher side, but returns are pretty decent. I will recommend all to go for this one.