Your idea: Entry Trigger: Buy 10 ATM Call option in NIFTY when DI is greater tha… — backtested on Indian market data | FakeTrades
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Your idea: Entry Trigger: Buy 10 ATM Call option in NIFTY when DI is greater tha…

💡 Described strategy
Analysed 01 Aug 2026, 02:44 PM IST
⏳ Backtest pending — a data-backed verdict will be attached.

Detected components (auto-read from transcript)

Intraday

Verdict

Not auto-backtested — honestly, we can't. AI-decoded: Intraday option buying (ATM NIFTY calls) triggered by Directional Index (DI > 25) and Momentum (> 0) on 5-min chart, with profit-target and stop-loss on overall strategy P&L and 3:10 PM exit.

We give real option backtests only for fixed-entry option-selling structures (weekly credit/ratio spreads) priced on real cached NIFTY premiums. This one is directional option BUYING (needs intraday/tick option data), which needs intraday/tick option data and a chart-signal engine we don't have — so we show no number rather than a misleading proxy. Flagged for a hand-built review.

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Full transcript (115 words)
Entry Trigger: Buy 10 ATM Call option in NIFTY when DI is greater than 25 and Momentum is greater than 0. Automation monitoring starts daily at 9:15 AM. Execution Logic: Add Directional Index indicator with configurable period on the 5min timeframe. Add Momentum indicator with configurable period on the 5min timeframe. Check DI and Momentum conditions continuously after automation start. Execute ATM Call option buy only when both DI and Momentum conditions are satisfied. Exit Trigger: Square off all open positions if overall strategy P&L reaches +₹30,000. Square off all open positions if overall strategy P&L reaches -₹20,000. Square off all open positions at 3:10 PM and stop the automation for the day after square-off.

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Results are AI-generated from stored historical market data and are for educational purposes only — they cannot be treated as 100% accurate, nor as investment advice or a recommendation to buy or sell any security. Strategies from non-Indian markets are also backtested on Indian market data only. Past performance does not guarantee future results.