Sometime back Varunji suggest here in this thread to test the method on 5 minute TF, I did Ami bar replay and noted trades in excel. majority of first trades were taken at 9.25 AM, just mechanical entries and exits in Bar replay. All intraday trades, If you are using BO/CO order types, then see the capital required and returns.
https://www.sendspace.com/file/9nt6p7
View attachment 22919
If some one wants it, can test check same in Ami bar replay of that period. Excel has date, time, entry/SL/Exit everything.
PS: Aja had verified it, I guess.