February had just three trades. Unhedged positions would have resulted in a loss of 298 points bringing the overall tally for the year to 141 pts in the negative. The system is currently in the long trades at 4914.
I had a look at the same strategy on a longer TF - weekly. For this year there would have been just two trades. We would have shorted in the third week the break of 5176 the two week low and covered it in the budget rally at 4927 the two week high for that week giving a profit of 249 pts.
Would love to test it on the weekly TF. If anyone can share the NF1 historical data on a weekly basis (Date range, Open high low close) it would be great. I need the data in a simple excel format.