NSE BANKNIFTY Trading Strategy based on Multiple Moving Averages

asvirk Updated   
NSE:BANKNIFTY   Nifty Bank Index
A trading strategy based on multiple moving avergaes.

Shows great results on backtesting.

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

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