#TradingStrategy
1)Go to tradingview;
2) Search for Moving average 2 cross - inbuilt strategy.
3)Add to
#nifty daily chart
4) In settings input , change moving averages to 5 and 50.
5) In properties, change equity to 10,00,000; order size 100% of equity ; commissions Rs 50 per order; all margin for long and short positions input as 1% , just to ensure all trading signals are not influenced by margin.
You will get the past results . Profit factor 1.73 since 1990 till date.
This is 5/50 ma crossover . This is a simple trend following strategy.
Simple strategies are very often overlooked. The only reason y simple strategies fail is lack of consistency. The win ratio is around 40%. Hence if you are planning for 1000 trades for instance you should be ready for a max of 14 continuous losing streaks. Usually we retailers retire the strategy after the third consecutive loss concluding that it doesn’t work.