Bank Nifty prices were highly volatile today. Trend-following strategies do not perform well in choppy market conditions. As a result, the strategy ended the day with losses.
Bank Nifty Chart:
Profit and Loss for the Simulated Strategy:
- BN Futures 5 min Renko – Total Trades (10) – Profit/Loss (-6779)
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