Hello seniors,
Can one backtest this strategy
Timeframe: 1 minute in Banknifty weekly options
1. After opening of market if first one minute candle is red of banknifty spot, buy ATM put in weekly options at opening price for target of 10 points and sl of 10 points.
2. After opening of market if first one minute candle is green of banknifty spot, buy ATM call in weekly options at opening price for target of 10 points and sl of 10 points.
Thanks in advance
Can one backtest this strategy
Timeframe: 1 minute in Banknifty weekly options
1. After opening of market if first one minute candle is red of banknifty spot, buy ATM put in weekly options at opening price for target of 10 points and sl of 10 points.
2. After opening of market if first one minute candle is green of banknifty spot, buy ATM call in weekly options at opening price for target of 10 points and sl of 10 points.
Thanks in advance