Super Trend Strategies for NIFTY: A Quantitative Approach

Developing Supertrend strategies for NIFTY. Quantifying for optimal results, including entry/exit, timeframes. TradingView backtesting.

SuperTrend Quantified strategies: Thread 🧵

#SuperTrend #Nifty
Scroll down 👇 Understanding the Super Trend Indicator

The Supertrend indicator combines ATR and a multiplier for trend identification and trailing stops. Popular for day and swing trading, let's quantify its versatility.

#Trendrooster #Algosculpt

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SwingTrading Pro

SwingTrading Pro is all about finding the market natural swings and riding on them with the direction of the Trend. Also known as, 123 pattern or ABC pattern.

"SwingTrading Pro" Thread 🧵

Scroll down 👇 Finding 123 pattern in objective way is super hard and we believe that we have the framework that would help us to identify while it happens in live market.

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BAT Option strategy has become popular now. let's decode the strategy and its variations.

BAT option Strategy Thread 🧵

Various names of BAT Option Strategy

1. BAT Strategy
2. CAT Strategy
3. BATMAN strategy
4. Double Ratio Spread
5. ‘V’ Spread
6. ‘M’ Spread

Scroll down 👇 (i) BAT Strategy Construction.

The Typical construction of BAT strategy is…
Call Ratio Spread + Put Ratio Spread with same expiry

Tips: One should cover the Pay-off diagram with 1SD range to have higher probabilities of success.

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In this thread…👇👇👇
How 1 Standard deviation (1SD) will help Non-directional option trade as an edge? We all know 1SD on the normal distribution it covers 68% probability. This is well known fact and it will remain same. Of course, once the distribution is changed based on movement, time duration or volatility it will increase or decrease the 1SD level.

This is the story of this week (WIT) trade.
09/04/2021 - Friday
As per rule book I started the weekly #IM3 model on Last Friday. This model is versatile enough and works on most of the IV environments. It comes with 50% hedge of all the Sells involved. 09/04/2021 - Friday
09/04(Friday) movement was within the 1SD boundaries and didn’t require any adjustments. Capital used ~12L

Diversifying is key to long lasting profitable business and it also smoother your draw-down curve.

If you are Option Trade:
1. Vol crush Option Trade
2. Directional Option trade
3. Option Profile Trade (Income Trade)

1/n 1. Vol Crush option trade
(i) Trade is based in IVP / IV rank
(ii) Earnings Trade
(iii) Event trade (Election...)

2/n

What is your favorite way of finding the Trend in market ? Thanks All for your reply.
Everyone know Trend is your Friend. but finding them and having conviction comes from experience.

For me i am fan of Multi-time frame analysis.
2/n

I had few questions about the Calendar spread and its robustness.

By default, The design of Calendar or Diagonal are not robust enough to trade all months. Because of few factors…

1/n Cons.
1. Too much Vega positive.
2. Option Modelling software will not plot Calendar profile properly.
3. Gamma effect.

2/n

How Broken Wing Condor is better on Volatile Market?
We can start the broken wing condor with 3 Leg or 4 Leg.
IV Grading = High / Higher

1/n Once Market is moved to your favor (or) had decent Theta decay then cover the broken leg. (Morph)

2/n