Strategy description

strategy creator overview

Strategy initiation: Place orders from 09:00 am to 11:25 pm based on predefined conditions.

Directionality: This is a completely directional strategy: trades are taken only when the market bias or trend analysis indicates an upward move.

Entry point: Positions are entered only when the market is moving upwards.

Hedging: No hedge is applied. treat your positions as long-term investments

Profit booking: Profits are booked whenever the exit condition is met, provided the gain is at least ₹500.

Exit rules

1. no exit until profit target is reached.
2. all positions are closed on expiry.

Restart: The strategy automatically restarts on the next trading day.

Concerns: The strategy may incur losses if silver remains in a sustained downtrend for two consecutive contract months.

Handling losses

1. option 1: exit all positions and redeploy the same quantity once the strategy re-enters the next contract.
2. option 2: continue trading with an increased position size until losses are recovered.