created : 1 year ago| | live deployment: 2
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.
SL revised to INR 4,500/- (22nd Oct 2021)
Account opening under our referral:
[IIFL Account opening link]: Click here
[Aliceblue Referral link]: Click here
Upgrade details:
Date: 04-04-2022
- Time for entry is streamlined across version and also dynamically set for volatile days
- SL are re-defined at 1.5% in system.
- Target remains open with TSL protection above 1.5% in both the versions
- Trade for Thursday’s will be different than usual (have been optimized to stay longer in the game.
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
Disclaimer:
Trading is inherently risky and the subscribers should bear complete responsibility for the outcome of trading and decisions you make including loss of capital. We are not SEBI registered advisor / creator so kindly contact your financial advisor or do your own research before subscribing to this strategy.
We have taken all the possible efforts to avoid freak trades in the market. We will not be responsible for loss caused due to freak trades, if any.
Good past performance is no guarantee of future results. It also extends to the fact - don't reduce your investment/multiplier simply just because of poor performance, In future - it can improve back to its usual amazing results.
Although it is fully automated trading, you're advised to monitor both the tradetron and trading accounts for any deviations.
Statistics
khushi 5 months ago
Well balanced live performance
vishal talreja 5 months ago
Well manged strategy. Good efforts by creator to increase the reward ratio and reduce the risk. Well done.
simran sukhnani 5 months ago
Strategy exit timing is just fantastic. It books right before big moves could erode the profit
ishika roy 5 months ago
I am getting good and consistent return without any fear. Small stop loss and TSL managing the portfolio very well in all condition. This is my favourite strategy because end of the day I always get the better returns than other deployed strategies
Puspendu Mishra 5 months ago
Best algo for Nifty. Continuous profit generates everyday. Suits to any kind of market.
preeti deshmukh 6 months ago
very nice strategy . Only 1 Day SL rest all exited in timely manner whenever there was a chance of big loss. beauty of the strategy is to handle sudden change, closing in such a way that it covers brokerage . Must have for anyone with capital .. Personally I have stopped other strategies in order to deploy this . thanks to team for such wonderful strategy ..
HITESH khohar 8 months ago
11 day only 2-day profit 2 days 11 day only 2 lot 16k loss don't take 200 profit and 5000 loss risk reward
Anand Kumar A.R 10 months ago
Thanks for the reply. I reverted my old feedback
Blesson George 10 months ago
Not doing well in this market. Needs to see in a longer term
bala subra 10 months ago
hi what is the SL for this statergy
Manas Deore 10 months ago
One of the most consistent and well designed strategies with super quality support from creators! Has been making good returns for me since the past two months and the only strategy I can vouch for on Tradetron! Just deploy and forget for a month and you'll definitely see great returns :) My tip - Join their telegram channel for constant updates and to get all your queries answered :)
Siddharth Devanandan 11 months ago
I am new to options trading and very new to algo trading but I do understand how much drawdown there is in this strategy and the risk to reward ratio on this strategy. Do u think this is enough for me to deploy the strategy?
kalpesh joshi 11 months ago
last 3 days the strategy not working properly please do some changes for this type of market
SRIGEETHA KADAMBARI 11 months 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 11 months ago
Good
Arjun Edayil Valappil 11 months 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 11 months 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 11 months ago
Good strategy with consistent returns
M R N Rao 11 months ago
in 52 trades I made excellent returns, very consistent, Stay invested with this strategy
Indranil Chatterjee 11 months 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 11 months 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 11 months 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 11 months ago
Good Strategy w.r.t to risk return.
Rajneesh Sharma 11 months ago
How much capital required as per new sebi margin
Ruchi Kumari 11 months 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 11 months ago
Working well and very consistently. Well done.
Neha lalwani 11 months 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 11 months ago
Average. Good for paper trading
NIRAV VARIYA 1 year 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 1 year ago
Requires lot of capital but works really well, so trust the strategy and deploy!
Algo Wise 1 year ago
Finally something thats makes money! And also has constant support from creators on telegram group!
Abhas Jain 1 year 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.