Strategy description

Nifty Wealth Engine Buying Strategy

Overview

1. The Nifty Wealth Engine Buying Strategy is a structured options-buying system built to capture short-term momentum in the Nifty index.
2. It follows a completely rule-based entry and exit process, removing emotional decision-making and ensuring disciplined execution throughout the trading session.
3. The strategy is fully automated and suitable for retail traders who want controlled risk exposure with limited capital, while achieving consistency through multiple trades over time.

Strategy Logic

1. The system continuously tracks live Nifty 50 price movement from market open.
2. Based on predefined momentum conditions, the algorithm identifies Call Buy or Put Buy opportunities.
3. Once a trade is executed, stop loss and target levels are placed automatically.
4. Each trade maintains a fixed risk–reward ratio of 1:2.5, supporting profitability over a large number of trades.
5. Only one position is allowed at any given time, preventing overlapping exposure and overtrading.

Trade Timings & Parameters

Strategy Code (Shared)

Code: 891d7732-206f-4ccc-b68b-3e8d3d416fa9

User Responsibilities

Capital Buffer

• The strategy is already designed with a 2× capital buffer.
• Recommended deployment capital is ₹20,000 per multiplier (X).

API Token Generation

• Generate your API token daily between 8:30 AM and 9:00 AM.
• This ensures uninterrupted execution when the strategy starts at 9:20 AM.

Error Handling & Monitoring

1. If any issue occurs during deployment or execution, alerts may be received via Tradetron or WhatsApp.
2. Immediately review the deployment logs to identify the issue.
3. Reach out to the official Telegram support group for assistance if required.

Broker Setup

• Use low-brokerage or zero-brokerage brokers with reliable and stable API connections.
• Proper broker infrastructure is essential for smooth algo execution.
• Contact the support team for broker recommendations if needed.

Performance & Expectations

1. Trades are executed only when clear momentum signals are present.
2. Small variations in entry strike or execution price may occur, but they generally balance out over time.
3. The system’s performance relies on discipline and consistency, not luck or emotional trading.
4. With around 60 trades per month, performance should be evaluated over a monthly cycle, not based on individual trades or days.

Important Points to Remember

1. Ensure stable internet connectivity and active API connection during market hours.
2. Periodically monitor your trading account for error or rejection alerts.
3. Avoid manual intervention in live trades unless required during emergencies.
4. Do not add or withdraw capital during market hours; make adjustments only before market open.

Disclaimer

1. Algo Sanchay is not a guaranteed income system. It is a disciplined, rule-based trading approach.
2. Both winning and losing trades are part of the process—patience and consistency are essential.
3. Technical issues such as slippage, order rejection, API failure, or connectivity problems may occasionally occur.
4. Algo Sanchay is not SEBI-registered and does not provide investment advice or assured returns.
5. The strategy has been back-tested and forward-tested, but actual results may vary due to market volatility and execution speed.
6. Options trading involves significant risk and should be used only by traders who understand derivatives.
7. Past performance does not guarantee future returns.
8. Always consult a qualified financial advisor before deploying live capital.
9. Successful trading requires discipline, emotional control, and trust in the system.