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created : 9 months ago| |  live deployment: 1

Strategy description

Sensex Weekly + Bank X Monthly (ABB113 Welltower)

This strategy involves intraday trading on the Sensex and Bank Nifty indexes, applying a structured, mathematical approach. Here are the key components of the strategy:



Strategy Overview

  1. Entry Time: 09:30:00 (HH:MM)
  2. Indexes Used: NSE Nifty and Bank Nifty
  3. Order Type: Intraday MSC Order
  4. Trade Setup: Single Counter, Double Trade
  5. Expiration: Sensex Weekly and Bank Nifty Monthly options
  6. Mathematical Approach: Uses statistical number theory with directional components
  7. Leg Structure: Sigma summarized with allocations of 30% and 60%
  8. Exit Time: 15:13:01 (HH:MM)
  9. Risk Management: Dynamic stage-by-stage locking system to manage positions
  10. Drawdown: Designed for lower drawdown
  11. Backtesting: Strategy has been backtested over a period of 3 years
  12. Diversified Logic: Utilizes a diversified formula-based logic for trade decisions


Disclaimer

Options trading carries substantial market risks. Users should fully understand the risks associated with this strategy and algorithmic trading before deploying it live. The outcomes of this strategy can vary based on numerous market factors, including news events and other external influences.

Option trading involves significant risk, and this strategy is recommended only for those with a comprehensive understanding of option trading and risk management. We provide trade signals for this strategy and are not responsible for any capital loss or issues arising from RMS margin errors, order entry/exit errors, temporary service interruptions, or technical issues.

AB Alpha Beta is not a SEBI-registered advisor. Please consult a qualified financial advisor before deploying any trading strategy.


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