asvirk

NSE BANKNIFTY Trading Strategy based on Multiple Moving Averages

NSE:BANKNIFTY   NIFTY BANK
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...
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
Trade active: Long still active before Open Market on 17-Mar-2017
Last Close BANKNIFTY was 21249 (+599) at EOD on 16-Mar-2017