How a NIFTY algo trading strategy decides, explained with live paper trades
AnkBodh runs a rule-based algorithm on NIFTY, SENSEX and MIDCAP options every market day. It does not trade anyone's money: each signal becomes a paper trade, recorded with its entry, stop, exit and result, and every one stays on the Signals page, losses included.
What "algorithmic" means here
An algorithmic strategy is a fixed set of rules applied the same way every minute, with no gut feeling and no second-guessing. The rules decide when a signal appears, where its stop sits, where it is closed, and when the day ends.
At AnkBodh the rules run on live market data from the open to the close. When they line up, the algo records a paper trade: a simulated position at the price of that minute. Nothing is sent to a broker, and no one's money is involved.
What the algo watches before a signal
A signal needs several independent readings to agree in the same minute. Each one is taught in a lesson on this site:
- A turn in market structure on the one-minute chart: the index stops making the swings it was making and starts making the opposite ones.
- Breadth and the market score pointing the same way, so the turn has the crowd behind it rather than a few heavyweights.
- Option premium rising above its own averages for the day, a sign the market is paying up for movement.
- The vega lean and the volatility index, as context for which side option hedging is leaning to.
How each paper trade is recorded
Every paper trade is written down the moment it is taken, with the reasons that were true at that minute. Its stop and its exit level are fixed at entry and are never moved after the fact.
| Field | What it records |
|---|---|
| Signal minute | The minute the rules agreed, and the direction: bullish or bearish. |
| Entry | The option's price at that minute. |
| Stop | The level where the idea is proved wrong; the trade closes there. |
| Exit level | The level where the move is considered done; the trade closes there. |
| Result | Points gained or lost, and rupees for one lot before charges. |
| Context | Breadth, vega lean and the volatility index at the signal minute. |
Where to see every signal live
The Signals page lists every paper trade the algo has taken, newest first, for NIFTY, SENSEX and MIDCAP. You can filter by index, by weekday, by direction and by the market context at the signal minute, and see the results by session, by hour of day and by how each trade ended.
Open any trade to study it: the chart around the signal, which readings agreed, and what happened next.
What paper results can and cannot tell you
Paper trades show how a set of rules behaved on real market data. They do not forecast what the next trade or the next month will do. Real orders also face slippage, charges and fills that a paper trade does not.
Losing trades and losing days are part of the record on purpose: a strategy is only understood by looking at all of it. Use it to learn how the readings fit together, never as a list of trades to copy.
Algo trading in India
SEBI's framework for retail algorithmic trading routes automated orders through brokers, with registered algorithms and approved access. AnkBodh is an education and research tool: it shows market data and paper trades, it does not place orders for its users, and it is not registered with SEBI as an adviser.
See it live
Educational content. It describes how to read market data; it is not investment advice or a recommendation to trade. AnkBodh is not registered with SEBI.