Strategy description

The Brahmos Algo Trading strategy is a sophisticated options buying algorithm that integrates the W.D. Gann level theory with advanced technical analysis. It is designed to identify pivotal price levels where the market is likely to reverse or break out, and strategically enter options trades (calls or puts) at these critical points.

Here’s a detailed breakdown of how the Iron Dome Algo works:

Core Strategy Overview

1. Gann Levels as Key Support and Resistance Zones:

   • The algorithm calculates W.D. Gann levels using the Square of Nine, Gann Fan, or Gann Box methods to identify critical support and resistance levels. These levels represent potential turning points in the market where the price is likely to react (either reversing or breaking out).
   • The Gann levels are dynamic and adjusted based on real-time price movements, ensuring accuracy in determining market trends.
   • 
     

2. Options Buying Logic: The strategy specifically focuses on buying call or put options when the price approaches a significant Gann level:

   • 
     
   • Call Option Buy Signal:
     • Triggered when the price reaches or dips near a Gann support level and shows a bullish reversal pattern.
     • 
       
   • Put Option Buy Signal:
     • Triggered when the price approaches or tests a Gann resistance level and shows signs of bearish weakness.
     •