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NSE BANKNIFTY Trading Strategy based on Multiple Moving Averages
Nifty Bank Index
NSE BANKNIFTY Trading Strategy based on Multiple Moving Averages
By asvirk
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Updated
Mar 14, 2017
6
1
1
Mar 12, 2017
A trading strategy based on multiple moving avergaes.
Shows great results on backtesting.
Parameters:
Initial Capital :
250,000
Contracts :
40
(Fixed, Equal to Lotsize of NSE BANKNIFTY)
Pyramiding :
3
Slippage :
20
ticks (1 Rupee)
Commission :
0.015%
64% Trades are profitable...
Mar 14, 2017
Trade active
Last long signal was at 20650 on 08-Mar-2017
BANKNIFTY hit 21275 high today (+625 points) from the signal
Trade still active as per the signal
Mar 17, 2017
Trade active
Long still active before Open Market on 17-Mar-2017
Last Close BANKNIFTY was 21249 (+599) at EOD on 16-Mar-2017
BANKNIFTY
bankniftylong
bankniftyshort
bankniftytrend
Moving Averages
asvirk
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