Greetings All Experts,
I want to find out from yo'all if you find below strategy profitable.
1) Long position will be always present
2) Initiate short position once NIFTY spot goes below a key SMA
3) Cover short position once NIFTY spot goes above same SMA
Log position will be preferably next month future, Rolled over on expiry. (May be buying NIFTY ETF would be better idea, but will require large capital)
Short position will be preferably current future.
I have checked on charts, this looks promising but I don't know how to back test nor I have any back testing software.
I want to find out from yo'all if you find below strategy profitable.
1) Long position will be always present
2) Initiate short position once NIFTY spot goes below a key SMA
3) Cover short position once NIFTY spot goes above same SMA
Log position will be preferably next month future, Rolled over on expiry. (May be buying NIFTY ETF would be better idea, but will require large capital)
Short position will be preferably current future.
I have checked on charts, this looks promising but I don't know how to back test nor I have any back testing software.