Tradetron Nifty Options Breakout Strategy
Budget: ₹600 – ₹1,500 INR
I trade Nifty option CE / PE intraday and now want the exact logic translated into a Tradetron strategy. The idea is simple: when price breaks the previous 15-minute high, the system must pick up three lots of the option (call or put, depending on the breakout direction I choose for the day) and manage them independently.
Core logic
• Entry: previous 15-minute high breakout, fixed-point stop-loss of 32 points from the entry price I will feed in each morning as a variable.
• Lot 1: book profit at +25 pts; if stopped, exit at −32 pts.
• Lot 2: book profit at +52 pts with a trailing SL that tightens to 25 pts once the first target is reached.
• Lot 3: book profit at +81 pts using the same 25-pt trailing SL after target 1 fires.
Additional notes
– Only one side (CE or PE) is active at a time; I will pass the chosen strike and the reference price through a custom variable or set input field.
– All exits must be hard-coded so the system closes exactly at the specified levels even if the candle hasn’t finished.
– The code should be fully modular so I can later tweak lot size, targets or SL without rewriting the whole block.
Deliverables
1. Tradetron strategy link shared in “View” mode.
2. Short walkthrough explaining each condition, variable and exit block.
3. A quick paper-trading test proving that the three-tier exit works as described.
The project is complete once I can duplicate the strategy into my own Tradetron account and the paper-trade run replicates the 25-52-81 point exits with the 32/25 point stops exactly.
Core logic
• Entry: previous 15-minute high breakout, fixed-point stop-loss of 32 points from the entry price I will feed in each morning as a variable.
• Lot 1: book profit at +25 pts; if stopped, exit at −32 pts.
• Lot 2: book profit at +52 pts with a trailing SL that tightens to 25 pts once the first target is reached.
• Lot 3: book profit at +81 pts using the same 25-pt trailing SL after target 1 fires.
Additional notes
– Only one side (CE or PE) is active at a time; I will pass the chosen strike and the reference price through a custom variable or set input field.
– All exits must be hard-coded so the system closes exactly at the specified levels even if the candle hasn’t finished.
– The code should be fully modular so I can later tweak lot size, targets or SL without rewriting the whole block.
Deliverables
1. Tradetron strategy link shared in “View” mode.
2. Short walkthrough explaining each condition, variable and exit block.
3. A quick paper-trading test proving that the three-tier exit works as described.
The project is complete once I can duplicate the strategy into my own Tradetron account and the paper-trade run replicates the 25-52-81 point exits with the 32/25 point stops exactly.