created : 3 weeks ago| | live deployment: 0
created : 3 weeks ago | live deployment: 0
Intraday Bank Nifty Scalper Monthly Options BUY
by: Bhaarath Algos
Strategy description
Strategy Creator Overview on the Strategy
- Strategy initiates: Place orders depending on conditions from 09:18 AM to 03:28 PM.
- Completely directional based strategy: Trades are based on market bias or trend analysis.
- Entry point: The strategy enters trades very close to Rs 285/- CE or PE options.
- Hedge at : No Hedge for the strategy. Strategy cut losses and get position as and when required.
- Target Booking point. Strategy is open to book profit multiple times based on the market condition.
- No Trade on : On Bank Nifty monthly expiry day, strategy will not initiate any trades.
- Exit at. Strategy will exit all positions at 1528 hrs. No mater plus or minus of MTM.
- Restart strategy. Strategy will restart again next trading day with the same quantity for target.
- How to Max Benefit : Divide your trading capital in parts as per your capacity and increase 1x to 2x, 2x to 3x, 3x to 4x like wise till MTM closes in positive.
- When to increase Position Sizing. Lets assume one CE running now and strategy closed the position in negative and not yet initiated another position. Please ensure the quantity position is zero. This is the correct time we need to increase our position from 1x to 2x or 2x to 3x.
