Strategy description

Strategy Creator Overview on the Strategy

1. Strategy initiates: Place orders depending on conditions from 09:18 AM to 03:28 PM.
2. Completely directional based strategy: Trades are based on market bias or trend analysis.
3. Entry point: The strategy enters trades very close to Rs 699/- CE or PE options.
4. Hedge at : Hedge will take place at appropriate time to cut losses and get position as and when required.
5. Target Booking point.   Strategy is open to book profit multiple times based on the market condition.  
6. Target Booking point.  Strategy will exit number of times to book small profit as per condition.
7. Exit at.  Strategy will exit all positions at 1528 hrs on weekly expiry day only.  No mater plus or minus of MTM.
8. Restart strategy.  Strategy will restart again next trading day /week with the same quantity for target. 
9. 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.   
10. 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.