This bot uses an unique option buying strategy which follows Banknifty trend & comes with trailing SL
Capital Required – 45,000 only.
Risk Profile : Medium
Trading strategy – Intraday Banknifty trend follower with trailing SL for Option buyers
USP:
After huge requests from various traders, there is no proper BOT for Option buyers, we have launched this bot for option buyers which is slightly better and has strong theory in its design.
The bot has lower drawdown as compared to typically option buying bots because it is a trend follower BOT.
We however, recommend our Trend follower SELLING bot but if if thats not possible for high margin requirement, you can use this BOT but as a buyer, you always have chances of losses in flat market.
Strategy details–
This is Bank-nifty bot monitors options and takes position in CE or PE whichever is rising beyond a threshold value.
Typically market will be going upwards or downwards, so one price ( CE/PE) will go up and second will go down.
This bot immediately captures rising CE/PE & takes position in it.
Typically if market suddenly rises, bot will BUY CE , if market is falling, it will BUY PE
This BOT is based on option buying so typically option price will go down in flat market due to PREMIUM-DECAY.
This bot would work excellent when market is moving in a direction for significant time. Its ok if market moves upwards for 300 points and than come down.
Bot will earn in both directions but could make loss when market is very range bound and no significant movement.
Bot position will continue till the market trend is in same direction with trailing SL.
This BOT will trail SL in ratio of 2:1 ( means example suppose bot moves 50 points, your SL will be trailed to 25 points, so your profits are protected.
This is unique bot which is effectively first time in Indian market which takes position based on option movement.
Bot is designed to work in all market conditions:
- Bullish market
- Bearish market
- Trend changing market
Suppose there is suddenly change in market direction, bot will exit its exiting CE/ PE position whenever its trailed SL reaches and enter in new trend by choosing approcriate CE/ PE whenever signal is detected.
Following are possible tentative risk/reward settings of this BOT
Max Profit/ trade – 3000+ ( Based on thorough research and theory of bot )
Max ( Loss) / trade Approx. 1500. ( based on its theory and premium decay)
Typically 2-4 trades possible in a day based on market trend and movement.
We do not guarantee any profits or claim any results. We present theory of bot and its user decision on his own risk to choose right bot suiting his risk appetite
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