This is NIFTY Future based strategy Trend following. Where the BOT takes automatic Buy or Short position on NIFTY Future with an Option hedge leg.
The strategy doesn't have any StopLoss and Trailing StopLoss as it changes its position based on the internal logic.
The strategy is developed to follow the trend of NIFTY, it Buys NIFTY future if the trend is upward and also buys Put option. Similarly it shorts NIFTY Future when the trend is downward and also buys Call option together. The entry and exit are completely automated and no action is required from the trader's end.
The bot shall continue to hold one position, either Buy or Short i.e. If the bot exits from Buy, then it enters into Short position and if it exits from Short position, it enters into Buy position.
This strategy can be automated with Aliceblue, Mastertrust and IIFL for now, as and when we integrate other brokers will update you all.
This is a positional strategy hence margin is approximately 1L, please maintain this margin to continue to trade and to avoid any error in execution due to margin shortfall.
Target and SL Logic:
The strategy doesn't have any specific target or stoploss or trailing stoploss. It follows the trend till the trend reverses, hence the target is open and stoploss is also open. However historically its seen that the loss is only high if there is a Gap up or Gap down against the trend.
Please ensure you maintain the required margin to avoid discontinuity during drawdown phase.
Please watch the below Video to know more of the strategy bot.
Disclaimer: The strategy used by this Algorithmic trading bot is based on live market data and does not indicative or guarantee similar returns. This trading bot may not perform as expected due to unforeseen market conditions, technical issues, or other factors. We do not guarantee any specific returns or outcomes, and you should be prepared to potentially lose all or a portion of your investment. We are not responsible for any losses incurred from using this Algorithmic trading bot, and you own full responsibility for your investment decisions.
Holding : Positional
Instrument : NIFTY
Segment : FNO
Market Conditions : Trending
Capital Required : 100000
Daily Return : 0.00 - 0.00 %
Monthly Return : 0.00
Yearly Return : 0.00
Winning Probablity : 0.00