https://github.com/Aman9723/morning-trend-strategy

An intraday morning trend based strategy for backtesting on NSE stocks.
https://github.com/Aman9723/morning-trend-strategy

backtesting csv filesystem json trading-strategy

Last synced: about 2 months ago
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An intraday morning trend based strategy for backtesting on NSE stocks.

• Host: GitHub
• URL: https://github.com/Aman9723/morning-trend-strategy
• Owner: Aman9723
• Created: 2023-02-18T10:29:50.000Z (over 1 year ago)
• Default Branch: master
• Last Pushed: 2023-02-19T06:43:41.000Z (over 1 year ago)
• Last Synced: 2024-06-02T02:32:57.482Z (4 months ago)
• Topics: backtesting, csv, filesystem, json, trading-strategy
• Language: JavaScript
• Homepage:
• Size: 737 KB
• Stars: 2
• Watchers: 2
• Forks: 1
• Open Issues: 0
• Metadata Files:
  • Readme: README.md

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README

        
## 🪖 Strategy

1. Mark the high and low of `9:45 to 10:00` candle.

2. If price goes above the marked high execute the `buy order`, if price goes below the marked low execute the `sell order` and don't do anything if price stayed in range.

3. For buy, `stop loss` becomes the marked low and vice versa.

4. Wait for the market end or stop loss trigger to `exit` the trade. 

5. Max one trade per day and max loss per day is 1% of capital to manage the `risk`. 

## 🧠 Logic

1. Skip the opening 30 mins due to high market volatility.

2. Trade in the direction of current day trend.

3. Wait for large profit or take small stop loss.

## 📃 Results

> [Results](https://github.com/Aman9723/morning-trend-strategy/blob/master/Results.txt) are not impressive possibly due to less win-rate. Tested over custom dates and the data of 7+ years.