Today’s price action in Bank Nifty was characterized by a sideways or range-bound movement, offering limited trading opportunities for trend-following strategies and resulting in a marginal loss for such systems.
Bank Nifty Chart:
Profit and Loss for the Simulated Strategy:
- BN Futures 5 min Renko – Total Trades (8) – Profit/Loss (-471)
Detailed insights into the strategy can be found here.
Disclaimer: The profit and loss figures provided above are for educational purposes only. Implementing these strategies without adequate knowledge may lead to losses. For more information and guidance, please contact me at: simplestrategieswork@gmail.com