Strategy Store
The Algomojo platform offers the following ready-to-trade strategies for Nifty and Banknifty options:
Supertrend
Alphatrend
Halftrend
Please note the following default settings:
Options trading is enabled.
Trades are set to be positional.
The strike price for all trades is ATM.
The current expiry date is set as the default.
SUPERTREND :
To learn more about SUPERTREND, please use the "Read More" button provided.
To trade using SUPERTREND, please follow the procedure below:
Select the instrument: Nifty or Banknifty.
Choose the desired timeframe from the dropdown: 1 Min, 5 Min, or 15 Min.
Add the strategy to "My Strategy."
The strategy will appear under the "My Strategies" tab on the left side.
Enable Live or Paper trades to ensure trades are placed in your broker account if Live is selected. If Paper trade is enabled, trades will be executed in Paper trade mode on the Algomojo platform.
Enable Live or Paper trades every day around 9 am after logging into the platform.
Check the generated signals under the "My Signals" tab. You can also review orders and positions there.
Edit the strategy to modify any parameters as needed.
ALPHATREND :
To learn more about ALPHATREND, please use the "Read More" button provided.
To trade using ALPHATREND, please follow the procedure below:
Select the instrument: Nifty or Banknifty.
Choose the desired timeframe from the dropdown: 1 Min, 5 Min, or 15 Min.
Add the strategy to "My Strategy."
The strategy will appear under the "My Strategies" tab on the left side.
Enable Live or Paper trades to ensure trades are placed in your broker account if Live is selected. If Paper trade is enabled, trades will be executed in Paper trade mode on the Algomojo platform.
Enable Live or Paper trades every day around 9 am after logging into the platform.
Check the generated signals under the "My Signals" tab. You can also review orders and positions there.
Edit the strategy to modify any parameters as needed.
HALFTREND :
To learn more about HALFTREND, please use the "Read More" button provided.
To trade using HALFTREND, please follow the procedure below:
Select the instrument: Nifty or Banknifty.
Choose the desired timeframe from the dropdown: 1 Min, 5 Min, or 15 Min.
Add the strategy to "My Strategy."
The strategy will appear under the "My Strategies" tab on the left side.
Enable Live or Paper trades to ensure trades are placed in your broker account if Live is selected. If Paper trade is enabled, trades will be executed in Paper trade mode on the Algomojo platform.
Enable Live or Paper trades every day around 9 am after logging into the platform.
Check the generated signals under the "My Signals" tab. You can also review orders and positions there.
Edit the strategy to modify any parameters as needed.
Read More
The "Read More" option provides access to two additional components of the strategy, which are:
Description
This feature displays a brief strategy description .
Signals
This feature displays the number of signals generated for the provided strategy by the system.
Add To My Strategy
To use the "Add To My Strategy" option, follow these steps:
Add the instrument and the timeframe for the particular strategy.
Please read the disclaimer menu carefully to ensure smooth trading.
Once a trader adds a strategy with a specific instrument, they cannot add the same strategy with the same instrument again. However, they can add the same strategy with a different instrument.
My Strategy
Once the strategy is added from the strategy store, it can be viewed in the "My Strategy" section. Here, traders can execute their trades by generating appropriate signals.
The components of my strategy are:
Paper Trading :
The "Paper trade" feature is essential for beginners in the trading industry. It allows them to test their strategies before engaging in live trading to maximize real-world profits.
Live Trading :
The "Live Trade" feature allows traders to analyze market trends in real-time and make logical investments to maximize their income.
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