Strategy description

OVERNIGHT TRIOD Nifty75 BUYING is a BTST  option buying strategy with Nifty as underlying. It’s a low frequency strategy taking around 2 to 3 trades a day . 

Risk Management :

1)     Per trade stoploss

2)     Day stoploss

3)     Hedge entry conditions are included as part of the strategy structure.

Algo basic information :

·         Capital : 70000

·         Start Entry time: 3:15 Pm 

·         Exit : Next day at 9:30 am

·         Profit booking: Dynamic 

·         Stoploss – Fixed 

·         Average numbers of trades per Day: 2.5

How to use Algo : 

1)      Always keep multiplier as per RISK Capacity : Since option buying uses less capital to trade , there is a tendency to increase the lot size beyond risk taking capacity . Avoid trading in lots beyond the loss taking capacity .

This is an important risk-management consideration for strategy deployment.

2)      Error Management :

a)      Do not forget to generate token everyday .

b)     USE notification feature of tradetron i.e for new positions and error , get info via email , whatsapp , telegram , call .

c)      Keep enough capital for algo to trade .

                                      d)   Keep minimal manual intervention in trading account

Contact Number - 9429692342