Hi prasadam sir.Actually i have backtested these strategies.In papter trading the disadvantage is first the wastage of good time and the slippage factor u dont consider in it.Paper trading is good for strategies which are discretionary and which can not be tested through computer backtest.
Hi Raja,
I have seen your backtest reports of a couple of strategies, including the Redline strategy. Awesome job. Could you also please backtest the strategy that i described with the following parameters?
1. Place SL Buy/Sell at 10:00 AM High/Low.
2. Only one entry per day. If SL Buy is executed, cancel SL Sell & vice-versa.
3. Square-off in the last 5 minutes everyday.
I had done some backtesting with data from InvestBulls 2008 data, but have now lost the data & the test results.
I had tried different combinations of entries & exits.
Different times - 10:15, 11:00, etc for entry, 3:00 PM for exit etc.
Adding buffers before SL. Finally decided no buffer was best.
Different % targets.
Finally, I had concluded that the simplest strategy was the best.