Strategy description

Strategy: SENSEX OSHS

Overview

SENSEX OSHS is an intraday trading strategy designed for SENSEX weekly options. The strategy focuses on option selling with a hedge to manage risk, entering trades based on specific conditions rather than time.

• Entry Time: After 9:15 AM (condition-based).
• Exit Time: By 3:20 PM or earlier if conditions are met.
• Capital Requirement: ₹150,000 per multiplier (X).
• Max Daily Loss: ₹3,500 per multiplier (X).
• Drawdown: Managed at approximately 6%.
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Risk Management

• Stop Loss: ₹3,500 per multiplier (X).
• Trailing Stop Loss: ₹3,500 per multiplier (X).
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User Responsibility

1. Capital Buffer:
   It is recommended to maintain an additional 5-10% of capital beyond the required amount to accommodate market fluctuations, especially during high-volatility periods (e.g., elevated VIX days). Ensuring adequate capital and generating tokens between 8:30 AM and 9:00 AM can improve execution reliability.

2. Error Management:

   • In case of deployment errors, users will be notified via SMS, WhatsApp, or a call from Tradetron.
   • Check the deployment’s notification log to identify and resolve any issues.
   • If the issue persists, support is available via the provided Telegram group.
   • Important Setting: Ensure the "On error setting to exit the strategy" option is enabled on the deployed page.

Algo Awareness for Users

While the strategy logic is consistent, outcomes may vary across users due to differences in entry prices and broker execution times. For example, one user may enter a position at 300, while another enters at 350, leading to variations in adjustments and results.

To optimize execution and costs, users are encouraged to use low-cost or zero-brokerage brokers and ensure reliable API connectivity. Feedback on broker selection and cost management is available upon request.

Disclaimer

We are not SEBI-registered advisors. This strategy is based on extensive testing but does not guarantee any specific financial outcomes. Users should consult a qualified financial advisor before implementing this strategy. Option trading involves significant risks, and this strategy is intended for individuals with a thorough understanding of option selling and trading.

Details

• Exchanges: BFO
• Capital Requirement: ₹1,00,000 per multiplier (1X)
• Monthly Fee: Free + 20.00%