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created : 1 month ago| |  live deployment: 29

created : 1 month ago |  live deployment: 29

Apache // Bank Nifty

13 ratings

Strategy description

Apache // Bank Nifty is a Non-Directional Options Writing Strategy that works intraday. It trades 1 lot of Bank Nifty strangle pair with custom parameters. It will only take entry when the volatility is in a suitable range.

 

Entry: 09:15 hrs to 10:00 hrs depending on conditions.

Exit:    14:57 hrs

 

TARGET & STOP LOSS

This Strategy has a Variable Target and has a max Stop Loss of  2000 in a day. DO NOT deploy the strategy after market opens or re-activate after the target or Stop Loss/Trailing Stop Loss has hit.

 

Note: The results in live trades may vary from that of the paper trades due to slippages and volatility of the indices.


Backtest Report (6 months)



CAPITAL REQUIREMENT 

The below are tentative and indicative figures, please check with your broker for exact margin requirements.

 

Alice Blue: ₹ 1,50,000/- funds in your Alice Blue account required to trade in 1X multiplier of this strategy. Maintain an additional buffer of ₹5,000/- in your account. If you've lower than this amount then you may get errors while executing orders. Irrespective of what is stated above, please note that you take full care and provide for requisite margin for the execution of 2 lots of Bank Nifty (CE and PE pair). In case of any error in execution due to margins, we strongly recommend that you quit the positions manually and be done for the day. Do not try to execute and retry after error has come for Margin.

 

This strategy takes MIS trades which may not execute with Motilal Oswal brokers.



!! IMPORTANT !!

Join both our Telegram Channel and Telegram Community through the links provided in Contact Information Section below or search for "The Trader in Us" in Telegram to join.  Any information regarding your Live Auto trade will be posted there. Being a part of the group is important as all discussions during the live market happens in the group. If you have deployed any of our strategies, please make sure that you are part of both the Telegram Channel (The Trader in Us - Channel) and the Discussion Group (The Trader in Us - Community).



PROFIT SHARING

Apache carries ZERO Fixed Fees (for June '21) and a Variable Fees of 3% on your monthly Gross ROI as per Tradetron's High Water-mark Policy. Let us assure you that we would strive constantly to try and keep you profitable in the times to come. We shall be generating the invoice on a fortnightly basis for the first month for anyone joining us for the first time (Once on 15th day of the month and the second on 30th day of the month). The subsequent months will be billed on a monthly basis. We shall be allowing 5 days of time to pay the dues after which the respective accounts shall be blocked.

 

You can choose to make your profit sharing for all our strategies as ZERO (Both Fixed and Variable Fees) by trading in broking account opened under our referral. So all you need to do is open a broking account under our referral, select any of our current and upcoming strategies, deploy them through the same broking account, and stop worrying about sharing a single penny with us, until this lifetime. All our broking partners provide free API. Though we do not intend to, but we reserve the right to withdraw the offer at any point of time.

  

CLICK HERE to open an account with Alice Blue. (Select the state as Odisha on the account opening page). CLICK HERE for Instructions to Set-up Alice Blue account with Tradetron.

 

CLICK HERE to open an account with Angel Broking. CLICK HERE for Instructions to Set-up Angel Broking account with Tradetron.


 

Note: Please get comfortable with the trading logic (by deploying it in paper trade, watch no of trades, adjust your expected returns expectations with additional brokerage charges/taxes, and keep your trading account sufficiently funded for any eventuality.

 

DISCLAIMER

“The trader in us” or myself are not SEBI registered portfolio managers or financial advisors. I or “The Trader in us” is not responsible for any kind of loss occurred in our trading strategies. All our strategies are based on Index Options Selling. If you're not aware of losses, please read or learn about Option Selling and do not run this strategy till you are fully aware of the risks involved.

 

AUTOMATED & ALGO-TRADING

Don't deploy any of our strategies based on past performance only. Good Past performance is no guarantee of future results. It also extends to the fact that you shouldn't discount a strategy simply because has done poorly recently as it can revert to its usual amazing results in the future. Paper trading for a month is the best way to learn and earn decent returns in the long run. Although our algos are 100% fully automated, you're advised to keep a slant eye over the account to monitor any significant deviation or errors.



Other Strategies in this Series:

SHAURYA

AMOGHA

FALCON

BRAHMOS


*Note: 

Following is the recommended sequence of deployment of the strategies in Series-A

1. Apache    2. Falcon    3. Brahmos     4. Shaurya    5. Amogha


 

CONTACT INFORMATION

Telegram (Channel): t.me/thetraderinus 

Telegram (Discussion Group): t.me/TheTraderInUsDiscussions

Telegram (Direct Message): t.me/thetraderinusDM

Twitter: @TheTraderInUs

Instagram: thetraderinus

Email: thetraderinus@gmail.com

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