Alpha Strategy is based on Banknifty Future. This is a purely an intraday strategy. It identifies an opening range and takes breakout trades on either direction. This strategy is direction biased hence there is great earning potential and with manageable risk. It takes minimum of one trade or maximum of two trades in a day based on break out parameters and other data based indicators.
Target: This Strategy has target of 500 points on 1x multiplier. Since Banknifty movements are very fast there might be a difference of +/-25 points in the actual trades.
StopLoss: This Strategy has a fixed stoploss of 150 points on 1x multiplier. Since Banknifty movements are very fast there might be a difference of +/-25 points in the actual trades.
Product Type and Square Off: This algo trades only intraday using BO/CO orders and all trades are squared off by 3:10 PM.
Capital Requirement: Alpha requires ₹ 2,00,000 margin.
Account Requirement: Our preferred partner is Alice Blue and if you want to open an account use the referal link here. Kindly contact us on WhatsApp for more detail on account requirement
Registration Period: This strategy is open for registration in the last week of monthly expiry of current future series.
Risk Profile: Alpha have high risk profile.
Alpha is a beast and it is recommended only to the most experienced traders who understands the inherent risk of future trading.
How System Works
Automated Trading is NOT Unsupervised Trading: Good Past performance is no guarantee of future results. It also extends to the fact that you shouldn't discount an algo simply because it's done poorly recently as it can revert to its usual amazing results in future. Although our algos are 100% fully automated but we do need to interfere manually in times of extreme volatility to safe guard user trade or resolve network and other technical issues, so you're advised to keep a slant eye over the account to monitor any significant deviation or errors.
