NIFTY Options Momentum Algo Automation
Budget: ₹400 – ₹750 INR
I have finalised a rules-based strategy called “NIFTY Pro Trend Rider Advanced (2025)” that buys weekly NIFTY options on the Tuesday expiry cycle. All the entry, exit, and money-management rules are documented; what I now need is clean, error-free automation on either Tradetron or AlgoTest—whichever you are more comfortable with—so the system can run unattended every week.
Core logic
The engine has to evaluate trend, momentum, volume, and volatility in real time, apply a dynamic strike-selection formula, size positions to a fixed risk, and enforce strict intraday and portfolio stops. The trend filter combines:
• Moving Averages (SMA & EMA)
• Relative Strength Index (RSI)
• MACD
• ADX
• VWAP
• ATR
• Open Interest (OI)
• Implied Volatility (IV)
• Raw Volume
• FMSI
For momentum confirmation, we rely primarily on RSI thresholds.
Execution specifics
• Trades fire only on Tuesdays between 09:30 and 14:45 IST.
• Both call and put legs are possible; direction is chosen by the trend filter.
• Orders must be marketable and supported by limit-recheck logic to avoid slippage spikes.
• All exits—target, trailing stop, time-based—must be hard-coded so the algo never stays live past close.
Deliverables
1. Fully coded strategy deployed in my Tradetron or AlgoTest account
2. Back-test and walk-forward results (CSV or PDF) that mirror my rule set
3. One live-market dry-run with paper orders to confirm every branch of the logic
4. Clean, commented code plus a short handover guide so I can tweak parameters in future
Acceptance criteria
The live dry-run must match the back-test for entry time-stamps, strikes selected, and risk per trade within a 1 % tolerance.
Share your experience with similar option-buying algos and an estimated timeline for coding, testing, and first live deployment.
Core logic
The engine has to evaluate trend, momentum, volume, and volatility in real time, apply a dynamic strike-selection formula, size positions to a fixed risk, and enforce strict intraday and portfolio stops. The trend filter combines:
• Moving Averages (SMA & EMA)
• Relative Strength Index (RSI)
• MACD
• ADX
• VWAP
• ATR
• Open Interest (OI)
• Implied Volatility (IV)
• Raw Volume
• FMSI
For momentum confirmation, we rely primarily on RSI thresholds.
Execution specifics
• Trades fire only on Tuesdays between 09:30 and 14:45 IST.
• Both call and put legs are possible; direction is chosen by the trend filter.
• Orders must be marketable and supported by limit-recheck logic to avoid slippage spikes.
• All exits—target, trailing stop, time-based—must be hard-coded so the algo never stays live past close.
Deliverables
1. Fully coded strategy deployed in my Tradetron or AlgoTest account
2. Back-test and walk-forward results (CSV or PDF) that mirror my rule set
3. One live-market dry-run with paper orders to confirm every branch of the logic
4. Clean, commented code plus a short handover guide so I can tweak parameters in future
Acceptance criteria
The live dry-run must match the back-test for entry time-stamps, strikes selected, and risk per trade within a 1 % tolerance.
Share your experience with similar option-buying algos and an estimated timeline for coding, testing, and first live deployment.