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Nifty Bank Index
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NSE BANKNIFTY Trading Strategy based on Multiple Moving Averages

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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
asvirk
BANKNIFTYbankniftylongbankniftyshortbankniftytrendMoving Averages

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BANKNIFTYbankniftylongbankniftyshortbankniftytrendMoving Averages
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.