Hi Satya,
On a trending day this system will give lesser gains, probably 2 trades of ~50 points. However on choppy days it's almost like being in the flow. This is my experience, you may test this with NF/MiniNF and scrips that mimic Nifty.
This system is not going to work for scrips where, the 5 min bars cancel each other, i.e one green bar and then one red bar of the same length.
Regards,
-Sri
On a trending day this system will give lesser gains, probably 2 trades of ~50 points. However on choppy days it's almost like being in the flow. This is my experience, you may test this with NF/MiniNF and scrips that mimic Nifty.
This system is not going to work for scrips where, the 5 min bars cancel each other, i.e one green bar and then one red bar of the same length.
Regards,
-Sri
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