Strategy description

Key Features of the Strategy:

1. Intraday Strategy: This strategy operates within the day, mitigating the risk associated with overnight movements and news events.
2. Weekly Expiry Nifty Options: Trades are executed in the nearest weekly expiry options, ensuring high liquidity and reducing slippage.
3. Backtested and Forward Tested: The strategy has been thoroughly backtested, forward tested, and run live, ensuring stability even after changes in market conditions such as lot size adjustments.
4. All-Weather Strategy: Designed to work efficiently even with changes in expiry dates or lot sizes, providing adaptability in various market conditions.
5. Potential for Enhancement: There are various techniques explained in the educational videos that can help improve returns over time.

Details:

1. Instrument Traded: Nifty Options
2. Entry Time: Between 10:00 AM and 10:30 AM, when volatility conditions and straddle width criteria are met.
3. Exit Time: Either when the target is reached or by 3:15 PM, whichever comes first.