• How to create API Key & 2FA in Delta Exchange
• How to change account margin mode to Portfolio Margin ?

• What is the strategy used ?
  • This algo trading works on the concept of GRID Startegy (Grid Length is fixed here). To protect Grid strategy from losses, we are using OTM Options Buying, ATM options selling and max qty concept. Once the max quantity is reached, the Grid orders will get stopped and only Options Trading will continue till there is reversal.
• I want to use this strategy. How can i do so ?
  • To use this Strategy, you must have your Delta Exchange account opened using the below link
    Open Free Account
  • If you already have existing account which was not opened using above link, you can consider new account opening in your family member/friends name with different PAN using the above link. Paid Subscription is not available.
  • Once your account is opened, you can follow below Steps.
    1. Change your margin mode to Portfolio/Cross Mode See How
    2. Create API. Share API details Check video
       Whitelist IP: 104.237.5.195
    3. Configure Algo above, Enable it and Save/Update it.
• What is the max draw down in this strategy and when it can happen?
  • The draw down in this strategy can range between 20-50% of the margin required shown in the tool. However, the draw down is expected to recover by options selling and options buying gradually. Also, once there is range bound movement, even Futures trading will contribute in recovering the draw down.
• What is the returns that i can expect from this strategy ?
  • It is difficult to provide any guarantee or assurance on the returns from this strategy. The outcome of strategy depends on market movement and configuration that is done in the strategy.
• I have 50000 INR. Please help me to configure the quantity and spread.
  • You can select the number of lots and max qty in the above tool. The tool will provide an approximate margin estimate for the selected configuration. Accordingly, you can decide how much funds you have and how much configuration you may need to do.
• I already have algo running in my account. Can i run this algo also ?
  • No. Running Multiple algos in same account can have conflicting and unexpected behaviours. Run in seperate account. You may create sub account and run algo in that sub account. You will need to create new API in sub account.
• What are the charges and commission for running the algo ?
  • The commission is charged as 0.02% for limit orders and 0.05% for SL orders in Futures trading by Delta Exchange.
• In what scenario will i make profit and losses ?
  • This algo is good for range bound market. The profits will be maximum when there is volatility, price revolves around same level and even if there is any one side movement, price comes back to level where algo started. Since, this strategy is good for range bound market, if there is any trending move or one side movement, there will be losses and the intensity of losses would be directly related to the speed of trending move. However, over a period of time, market settles and continues its range bound journey, then the profits will again start to come.