Ankit,
Note usually there is a slippage of 2-3 points usually on buy/sell on a strong move that usually generates a signal. I had stated 5 points on each side to see how robust your system was. To get a realistic picture, you need to take a loss of 3 points on each leg (6 points) per trade - but also include brokerage. Have you taken this cost into account? Also, you need to add taxes, STT etc. which you have not done. Without these cost added on, you are not getting the right picture in real time.
I had mentioned that you need to take the trade after close of the signal candle (plus slippage and cost) Check if you enter at LIMIT PRICE (so you avoid slippage) - but entry is only AFTER the signal candle. So your entry could be on the 2nd or even 3rd candle after signal. But exit should be on the close of the signal candle and 3 points for slippage. (Exit rule is amended so that you do not wait for a limit price, in case the market runs adversely against your positions, and helps you to exit and not get stuck with your position. Suggest you run your system with amended parameters and check the revised system performance.
Other stocks that you can run the system : SBIN, Tata Steel, Tata Motors, ONGC, HPCL etc.
Good luck.
Note usually there is a slippage of 2-3 points usually on buy/sell on a strong move that usually generates a signal. I had stated 5 points on each side to see how robust your system was. To get a realistic picture, you need to take a loss of 3 points on each leg (6 points) per trade - but also include brokerage. Have you taken this cost into account? Also, you need to add taxes, STT etc. which you have not done. Without these cost added on, you are not getting the right picture in real time.
I had mentioned that you need to take the trade after close of the signal candle (plus slippage and cost) Check if you enter at LIMIT PRICE (so you avoid slippage) - but entry is only AFTER the signal candle. So your entry could be on the 2nd or even 3rd candle after signal. But exit should be on the close of the signal candle and 3 points for slippage. (Exit rule is amended so that you do not wait for a limit price, in case the market runs adversely against your positions, and helps you to exit and not get stuck with your position. Suggest you run your system with amended parameters and check the revised system performance.
Other stocks that you can run the system : SBIN, Tata Steel, Tata Motors, ONGC, HPCL etc.
Good luck.
Have done it..
10 points reduced from all trades.. BNF is still profitable.. Average profit per trade in BNF (considering both winning trades and losing trades) is of 14.32 points.. so reducing 10 points takes two-thirds of profits and leaves with one third.. total trades 1166
On Nifty avg profit per ttrade is 4.9 points.. so if we reduce 10 point per trade, Balance Sheet turns negative.. Total trades are 1141
10 points reduced from all trades.. BNF is still profitable.. Average profit per trade in BNF (considering both winning trades and losing trades) is of 14.32 points.. so reducing 10 points takes two-thirds of profits and leaves with one third.. total trades 1166
On Nifty avg profit per ttrade is 4.9 points.. so if we reduce 10 point per trade, Balance Sheet turns negative.. Total trades are 1141