created : 2 years ago| | live deployment: 2
Strategy description
Strategy description The Vasishta trading algorithm is designed for both intraday and overnight option trading on the Nifty index. The strategy involves taking one intraday trade and one overnight trade per day. The intraday trade is based on the "Wait and Trade" principle, with short selling of one lot each ‘call or put’. The strategy involves waiting for a suitable trading opportunity in the morning, entering the trade after 9:30 am, and exiting before 3:05 pm on the same day. This trade is designed to capture short-term movements in the market. The overnight trade is a BTST (Buy Today, Sell Tomorrow) or STBT (Sell Today, Buy Tomorrow) trade, based on expected gaps in the market. The trade is entered after 3:15 pm and is closed before 9:25 am the next trading day. The overnight trade consists of one long Nifty call (put) option and two short Nifty call (put) options. The overnight trade is taken only if the market conditions and direction are favourable. The algorithm uses technical indicators to determine the market trend and the likelihood of a gap in the market. Overall, the Vasishta trading algorithm is a combination of intraday and overnight trading, designed to capture short-term movements in the Nifty index. The strategy is based on the principle of waiting for suitable trading opportunities and is designed to take advantage of expected gaps in the market. CAPITAL Rs 130000 is the required capital. We also suggest maintaining a 10% margin buffer to cover maximum drawn and margin spikes. Suggested capital is 1.5 lakh. Stop Loss: There is stop loss for individual legs and a maximum of Rs 1500 / trade is provided. The back test performance: https://sites.google.com/view/saptharishi-algo/back-test-reports/arundhathi?authuser=0 PRICING There is no upfront fee for our algorithm. The algorithm has a 10% profit sharing billed monthly on the gross PnL recorded by the TT deployment page. The profit sharing will be calculated as cumulative gross profit across all our strategies. There is no bill if profit sharing amount is below 100 rupees and maximum amount of 1000 rupees per strategy. Saptharishi Algo suggests all subscribers to paper trade for a minimum of 1 month. Familiarize the system before going to live deployment. CONTACT Mobile: +919820972015 Email: [email protected] Telegram Channel: https://t.me/saptharishi_algo
Krishna Sahadevan 11 months ago
I have subscribed to Vasishta - Saptarishi Algo strategy from March 2022 and has done a trial for March, April and May for three months. The trial is started with 1x and then it is increased to 4x in May. This has given me good confidence that the possibility of loosing money is negligible. Hence In June, i have increased the volume to 10x. The market was too volatile and even in this volatile market, i have earned 3.35% gross margin and 3% net margin in a month. If i could have deposited in FD or Post office, the yield could have been a maximum of 6.5% whereas Vasishta has yielded 36% net profit. Also the time you need to spend is too less. Morning 5 minutes to set up and then my intervention is required only if there is any error, it need to be executed. I am very happy to be a part of Saptharishi Algo- Vasishta strategy and suggest to others that this is a great platform to grow your income.
Nila Velayudhan 1 year ago
I was running this strategy for quite some time. My gross profit was above 50% on my capital. My effort is just to log on only. My return respect to bank interest is extremely good. I am a happy user.
Vinitha Velayudhan 1 year ago
My annualized gross profit of 50% . Compared to the bank interest, I received quite a good return on my investments.
Capt. Velayudhan C P 1 year ago
I was running this strategy from March 2021 till now. My daily log shows an annualised gross profit of 53.4%. Annualised net profit (after reducing brokerage and other charges) for 7x multiplier provided 39%. Past one year the market gyrated from lowest vix of 10 to highest vix of 34. Such high volatile market this strategy provided extremely good profit. Out of 13 months of trade, 9 months Vasishta provided good positive returns. Below are the losing months with monthly loss for 1x multiplier. Aug 21 rs 274; Sep 21 rs 3355; Nov 21 rs 2357 Jan 22 rs 1524. Compared to the bank interest rate of 7%; Vasishta provided excellent returns with minimum effort.