Rainbow Indicator - Option Selling Algo
logo
Courses Blog Customer Support Become an Affiliate Product Enquiry Algo Trading Webinars Digital Products Membership Login
Contact us

Rainbow Indicator - Option Selling Algo

Catch the Move with Theta Decay in your Favour

Please Note: Total Cost of this Algo is Rs 1499 , the above price is Token Money , the remaining 1449 will be charged at Tradetron as subscription Charges.

Instructor: Loss2profitLanguage: Hindi

  • 🚀 Steps to Follow for Using the Algo

    • 1. 🛒 Purchase the Course & Pay the Token Fee

    Click on Buy Course and make a token payment of ₹50.

    2. 📩 Receive the TradeTron Algo URL

    After the payment, you’ll receive the Algo's TradeTron URL in your Email or What's app 8604836722 to get the Link.

    3. 🔑 Subscribe to the Algo

    Click Subscribe, fill in the required details, and complete the payment for the Algo. Use Coupon Code as "Welcome" you will get Rs 250 Off on Tradetron

    4. ✅ Subscription Confirmation

    Once payment is successful, your subscription to the Algo is active.

    5. 📞 Broker Setup

    Call the TradeTron Support Desk at +91 80 4718 9100 to link your broker to TradeTron so that the Algo can be triggered once connected.

    6. 🔐 Broker Token Generation

    Once the broker connection is established, request guidance on generating a token for your broker.

    7. ⏰ Generate Token Daily

    Manually generate your broker token before 9:00 AM every day to run the Algo. 

    8. 💳 Add Balance

    Ensure your TradeTron account has sufficient balance for Algo execution.

    9. 🔧 Run the Algo

    Log in to your TradeTron account, go to your Profile, and generate the token.

    10. 🚀 Deploy Algo

    Navigate to your subscribed Algo and choose either Paper Trading or Live Auto to deploy it.

    11. ⏳ Control the Algo

    You can run the Algo throughout the day or exit it at any time.

    12. ♻️ Multiple Deployments

    Deploy the Algo as many times as necessary.

    13. 📞 Customer Support

    For any issues, connect with the TradeTron Customer Care team for assistance.

    Please read all the below Instructions related to Algo without Fail. It's important.

Must Read Instructions about the Algo

Rainbow Indicator for Option Selling on TradeTron

📊 Strategy Overview:

The Rainbow Indicator is crafted to help traders spot potential Buy and Sell opportunities. Specifically optimized for BANK NIFTY Options, it focuses on Out of the Money (OTM) options through Option Selling to capture market movements with Time Decay working in your favor.

📝 Key Parameters:

  • Instrument: BANK NIFTY Options (OTM)
  • 💼 Capital Required: ₹150,000
  • 🎯 Strike Selection: OTM - 100 Points
  • 📅 Chart Timeframe: 3-Minute Candlestick Chart
  • ⏰ Trading Hours: 9:15 a.m. IST - 3:27 p.m. IST
  • ⚙️ Platform: TradeTron (Algorithmic Trading Platform)
  • 🔒 Type of Options: Option Selling (Naked, No Hedging)
  • ⚠️ Risk Level: High

💡 Suggestions:

  • 🖐️ Try Manually First: Before jumping into the algorithm, test the Rainbow Indicator manually in the live market. This will give you confidence and familiarity with its performance.
  • 🌱 Start Small: Begin with one lot and assess the algorithm's performance. Once you gain trust in its consistency, scale up the number of lots gradually.
  • 📈 Market Behavior:
    • Trending Days: Hold your positions longer for potential big wins.
    • Sideways Days: Limit your trades or stop losses to avoid overtrading and unnecessary losses.

📞 TradeTron Support:

For assistance, call +91 80 4718 9100 (Available from 9 a.m. to 5 p.m. IST).
They can help link your broker to TradeTron and resolve technical issues.
Note: The Loss2profit team cannot handle TradeTron or broker-related issues.

👉 Help Desk: https://help.tradetron.tech/en/

⚠️ Disclaimers:

  • 📚 Educational Use Only: The Rainbow Indicator is intended for educational purposes and should not be considered financial advice. Past performance does not guarantee future results.
  • ⚠️ Market Risks: Trading BANK NIFTY options carries significant risk. Losses can be substantial, so always trade responsibly.
  • 💸 No Guaranteed Returns: This algorithm provides no promise of returns. Results depend on market conditions and volatility, and losses are always possible.
  • 👤 User Responsibility: Traders must understand and accept the risks involved with algorithmic trading. Use this strategy at your discretion.

Thanks

Saurabh 

Loss2profit is not SEBI registered. All courses, products, and services are for educational purposes. Consult a financial advisor before taking any positions in the stock market. Loss2profit is not liable for any profits or losses incurred.

After Enrollment - You will get TradeTron Algo Link

Other Courses:

Other Courses:

Disclaimer

Loss2profit is not SEBI Registered, all the Courses, Products, and Services are for educational purposes. Please consult your financial advisor before taking any position in Sharemarket. Loss2profit is not liable for any Profits or Losses you make in Sharemarket.

Contact Us

Launch your GraphyLaunch your Graphy
100K+ creators trust Graphy to teach online
𝕏
Loss2profit 2024 Privacy policy Terms of use Contact us Refund policy