A highly accurate (80%+) strategy that gives more than 45% average yearly return by trading just on expiry day. Note that 0.5% inbuilt slippage is also included.

Strategy Details:

Capital required	2 Lakhs approx
Time frame	Intraday
Instrument	Bank Nifty
Backtesting period	4 years
Slippage	0.5%
Backtesting platform	https://www.stockmock.in/

Backtested Result Summary:

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Key points:

Avg Yearly Profit	90,000/- (Approx)
Avg Yearly Return	45%
Max Drawdown	11.8% (Approx)
Expectancy	0.74
Return to MDD ratio	3.86
Accuracy	82%

Monthly Breakup:

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Equity curve:

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Strategy Parameters:

Instrument	Bank Nifty
No. of daily entries	3
Entry Strike	ATM
1st Entry time	09:20 AM
1st Exit time	12:19 PM
2nd Entry time	12:20 PM
2nd Exit time	2:19 PM
3rd Entry time	2:20 PM
3rd Exit time	3:20 PM
Stop loss for each leg	100%

Sample Entry:

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How to automate this strategy in Tradebots (Desktop)?

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1. Login to Tradebots desktop version (WhatsApp us on 9398840360 to get free 7 day trial)
2. Click on “Add Strategy” and a pop up will open as shown in the image
3. First configure for 9:20 to 11:20 strategy – give entry time, exit time, SL and other parameters
4. Make sure to uncheck all other days except Thursday since this is expiry day strategy.
5. Hit on “save” as shown in the image.
6. Repeat same process to configure other 2 strategies as well – 11:20 and 14:20

That’s it. Every Thursday this strategy will automatically gets executed after you login.

How to automate this strategy in Tradebots (web)?

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1. Login to Tradebots web version (WhatsApp us on 9398840360 to get free 7 day trial)
2. Click on “Add New Strategy” and a pop up will open as shown in the image
3. First configure for 9:20 to 11:20 strategy – give entry time, exit time, SL and other parameters
4. Make sure to uncheck all other days except Thursday since this is expiry day strategy.
5. Hit on “Add” as shown in the image.
6. Repeat same process to configure other 2 strategies as well – 11:20 and 14:20

Every Thursday all 3 strategies get automatically executed after successful login.

Summary:

There are a few things that make this a good strategy.

1. No of trading days – we trade only on expiry day which is extremely useful for traders who can’t spend much time in stock market. Also brokerage and other expenses will be lesser.
2. Since we are entering 3 times, we churn the strikes and ensure that we get higher premiums whenever we enter and that means more profits when time decay happens.
3. High Accuracy – This strategy has more than 80% accuracy which is extremely important to keep up the confidence.
4. High expectancy – Even after deducting 0.5% inbuilt slippage, this strategy still has 0.74 expectancy which makes this one of the safest strategies.

In short, for those who want to trade less and earn decent returns, this is one to consider since it is good from risk assessment perspective and also gives a decent 45%+ average returns per year.

Want to see how to backtest this strategy in stockmock and automate in TradeBots tool?
Watch this special YouTube video – https://youtu.be/UsFdFMS9NcY

Note: To automate your strategies or to know about our innovative algo tools, visit BlueChipAlgos.com