Hello trader, Upon reading a lot of post from this community. I found out that people are trading on the basic of index and sub index too. Well I know that nepse index is key indicator for driving mass sentiment. So in my back testing system, I have added index, sub index and timeframe (daily,week, month, year)
Today i will like to share some backtesting result that i have get from banking sub index.
please mind rs. since it is treating sub index as stock symbol.
Dochain strategy
All the position this strategy suggested seem to be losing money.
Aroonbreakout strategy
Same here, strategy signal three position. out of three, 0 trade make profits.
Bearmarket strategy
I think picture says it a lot.
While testing and reviewing this data, I had a click that in nepse is there any trader who trade on falling market. for eg. buy at selling price 1070 and sell at 1109.44. please let me know if you have the answer.