Guys, with regards to my old thread about Swing Trading system for Nifty, there were many major flaws hence decided to quit that system and continue with my old system that am familiar with. I have back tested it with 6 years of data from 2008 to 2013 October.
System Methodology: Using Super Trend
The Excel sheet contains the detailed list about every trades of 6 years of data, trade type, trade executed time, profit each month, maximum loss in a trade, maximum consecutive loss etc. The backtest results are updated with all time frames, 5 Mins, 15 Mins, 30 Mins and 1 Hr
Kindly review the results and backtest by yourself and Choose the Time Frame that suits you & use it if you are comfortable with it.
Results Summary:
Back Test period: Year 2008 to 2013
Chart: 5 Mins TF
Total no of Trades: 2100
Total no of Nifty Points earned: 12207 (excluding brokerage & other charges)
Maximum Loss in one Trade: -321 points
Maximum continues loss in a trade: -916 points (It's due to the 2008 Crash)
Maximum Profit in one trade: 1130 points
Maximum Consecutive profit: 1471 points
Average points per month: 180 Points
Chart: 15 Mins TF
Total no of Trades: 775
Total no of Nifty Points earned: 8450 (excluding brokerage & other charges)
Maximum Loss in one Trade: -237 points
Maximum continues loss in a trade: -696 points (It's due to the 2008 Crash)
Maximum Profit in one trade: 803 points
Maximum Consecutive profit: 1493 points
Average points per month: 126 Points
Chart: 30 Mins TF
Total no of Trades: 403
Total no of Nifty Points earned: 7041 (excluding brokerage & other charges)
Maximum Loss in one Trade: -633 points
Maximum continues loss in a trade: -868 points (It's due to the 2008 Crash)
Maximum Profit in one trade: 867 points
Maximum Consecutive profit: 933 points
Average points per month: 105 Points
Amount
Rs. 50,000 with starting Capital in 2008 Jan becomes
Rs. 1269871 in 2013 October.
Note: The above calculation is not based on any excel compounding or any other manipulation. It is the result of actual trades taken place from 2008 Jan to 2013 Oct!