Comment on Code your Technical Analysis strategy
commented on
05 Dec 2013, 01:02 PM
Hi Nithin, I am Manikandan from Chennai …. a client and an AP for Zerodha … I have a simple constant strategy in Bank Nifty Futures, with no If and but logic …
I have back-tested that for the last 9 years and it gives 70 fold returns on capital, with max negative MTM of 2000 points in bank nifty at any point of time … Accuracy at 70% ….
I have explained this to Bosco in person in Chennai … He should too inform you about this …
I want this logic automated so that clients can allocate budget and follow it (The logic is very simple and it should be very very easy to automate) …
I have explained the back-tested results in a video … If you can spend 10 mins, you can watch it at http://www.youtube.com/watch?v=XaKek5-H2NM
If you can spend some time, i can explain in detail ….