Strategy description

Strategy Description: ❤️ Bank Nifty Scalping ❤️ by APEX

Overview:
This is a fully automated intraday option buying strategy with Bank Nifty as the underlying instrument. It is a high-frequency scalping strategy, taking 10 to 100 trades per day. The strategy is designed for intraday traders looking to capitalize on short-term market movements.

Risk Management:

1. Per Trade Limited Loss: Each trade has a defined loss limit to manage risk effectively.
2. Per Trade Limited Profit: Profits are capped per trade to ensure disciplined exits.

Algo Basic Information:

• Capital Requirement: ₹30,000
• Start Entry Time: 9:15 AM
• Entry Cut-off Time: 3:14 PM
• Profit Booking: Unlimited (trailing mechanism applied)
• Stop Loss: Trailing SL to minimize losses and lock profits
• Average Trades Per Day: ~90
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How to Use the Algo:

1. Risk Capacity:

• Always adjust the multiplier based on your personal risk-taking capacity.
• Avoid trading lots beyond your financial limits, even though option buying requires relatively less capital. Managing lot sizes responsibly is crucial for long-term success.

2. Error Management:

• Generate Token Daily: Ensure the required tokens are generated before the market opens.
• Use Notifications: Enable notifications on Tradetron for updates on new positions, errors, and other alerts via email, WhatsApp, Telegram, or calls.
• Adequate Capital: Keep sufficient funds in the trading account to allow uninterrupted algo trading.
• Minimal Manual Intervention: Avoid interfering with trades unless absolutely necessary to maintain the integrity of the algorithm's execution.
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Disclaimer:

1. Trading involves significant risk, and users must take full responsibility for the outcomes of their trading activities, including the potential loss of capital.
2. We are not SEBI-registered advisors or creators. Subscribers should consult their financial advisors or conduct their own research before subscribing to this strategy.
3. Past performance is not indicative of future results. Subscribers are advised not to reduce their investments or multipliers solely based on poor performance, as performance may improve over time.
4. While this strategy is fully automated, users are encouraged to monitor both their Tradetron and trading accounts for deviations, errors, or unusual activity.