Those who wish to use this strategy please read carefully everything on this Strategy Description Page before submitting REQUEST for allowing to use this strategy or subscribing for using this strategy for own trading in Bank Nifty Options and will not misuse this strategy for any other purposes and will not disseminate any misinformation to the disadvantage of strategy creator or any person. The creator of this strategy while allowing you to use this strategy will treat it as acceptance and acknowledgement that user has read and understood and will follow the same in true letter and spirit.”  

Disclaimer of Strategy Creator:  

• I or AlgoWale are not a SEBI registered analyst/advisor and as such not requesting/ recommending/advising to deploy this strategy and will not be responsible for any of your/users losses/profits. The creator of this strategy does not display any information about returns or profit of this strategy on the strategy description page.
• I have created this Strategy solely based on my learnings of algo strategy creation from Tradetron Algo Platform freely available to general public. 
• All the trading in Bank Nifty Options are subject to market risk, slippage and technical issues/breakdown related to Tradetron Algo Platform, API & Broker Connections and things not in control of the creator of this strategy. 
• Please read carefully the details of Strategy Description page and disclaimers of Tradetron Algo Platform and the Creator and know all the related details/risks/information before trading with this strategy.
• Please consult your financial analyst/adviser and decide yourself before trading through this strategy. 
• Please check the trades in Live Offline for at least one month and deploy only if you find it suitable as per your own risk assessment. The strategy creator does not request you to deploy this strategy.

Strategy Descriptions/T&C

This is an intraday Bank Nifty option buying strategy. Will take minimum 5 Lot of Bank Nifty Options. This will take entry every day after 0915 hrs. on meeting entry conditions. This is subject to slippage and technical issues/breakdown related to Tradetron Algo Platform, API & Broker Connections and things not in control of the creator of this strategy.

Strategy with Tradetron Features

• SLL Order Entry;
• RSI;
• Range Breakout;
• Run Time Variable with Dynamic Stop Loss;
• Trending as well as Choppy Trade Indicator Choppinex Index;.
• Break from Range Break out Choppy conditions;

The strategy would struggle in following situations:

• Decay in premiums
• Any technical brakdown not in control of creator of this strategy.

Frequently Asked Questions

• Capital Requirement: Rs. 15,000 for 1X multiplier.

 ENTRY/EXIT

• New Entry every day after 09:15 a.m. 
• Last condition check at 03:20 PM.

RISK 

1. DONOT increase multiplier looking at the results, as you need to save your capital in case of drawdown.
2. If you don’t follow the above Rule, you may face problems.
3. In case open position is not exited from Broker Terminal due to technical difficulty, you need to square-off your positions manually on intraday basis.

  THINGS NOT TO DO

1. Please don’t change the multiplier more than 5X.
2. If you don’t follow above then you may incur losses.

Get in Touch with us @

1. Telegram: https://t.me/Dhanbrishti
2. Algo Strategy Link : https://tradetron.tech/strategy/3323028
3. Email: mqalgo@gmail.com