The day began as a trending session, but later the market moved sideways until the close. All the morning gains from the trend-following strategy were wiped out by the end of the day.
Bank Nifty Chart:
Profit and Loss for the Simulated Strategy:
- BN Futures 5 min Renko – Total Trades (4) – Profit/Loss (-611)
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