KISSMAST Spreads Strategy Bearish

Strategy Type: Positional
Direction: Bearish
Instruments: Index Options (Spreads)

You can define your own group of instruments, apply filters, decide the investment amount or quantity, and customise it as per your preference.

The second strategy is also a positional one and compliments the first one.

Setup is the same and the only difference is the box size for Nifty 50 which should be 0.04%.

Second difference is the trade should be on a Credit spread (Bull Put Spread for a bullish setup and Bear Call Spread for a bearish setup).

Delta for the spread should be around 15 (select delta in entry conditions).

Strategy Details:

• Strategy Name: KISSMAST Spreads Strategy
• Instrument: Nifty
• Action: Long
• Type: Positional
• Max Open Positions: 10
• Timeframe: 1-min
• Box-size: 0.04% x 3

For Bearish biased strategy

• Entry Condition: MAST Turns bearish
• Action: Enter Bear Call Spread
• Exit Condition: MAST turns bullish
• Action: Exit Spread
• Filter: VIX (0.25% box, 1-min) below MAST

Feel free to experiment with it and refine it to suit your trading style—enhancing both execution and conviction.

Filters

You can further enhance the strategy by adding filters: additional rules, indicators, or pattern-based conditions.

One effective approach is to incorporate a higher timeframe trend filter, such as the daily trend of the stock.

You can also apply intraday-specific filters to improve trade quality.

With the right filters, you can further refine and personalise it to suit your trading style.

You can modify it, test it, and deploy it on the Algostra.