The results look ok for a mechanical trading system. On lowest year of 782 points and assuming we trade 75 Nifty ( one contract) conservatively for Rs 1,50,000 account, it still gives lowest annual return of 39 % which is not bad.

Doing swing trade on 7 min timeframe probably is increasing the number of trades..ideally in a month there should not be more than 5-7 trades.

Any idea of the total number of winning /losing trades, average winner/average loser for some years ( if you have worked it out ) . I am hoping that the profits are net of brokerage and all charges.The losing months is a concern as points lost are more..but for a totally mechanical system we have to take this in our stride.

The above are general comments without knowing the exact details of the system....so some of them may not be relevant to the system.

Finally as the system is making money, dont try to fine tune it with too many tweaks else it will loose its robustness.

Smart_trade

Doing swing trade on 7 min timeframe probably is increasing the number of trades..ideally in a month there should not be more than 5-7 trades.

Any idea of the total number of winning /losing trades, average winner/average loser for some years ( if you have worked it out ) . I am hoping that the profits are net of brokerage and all charges.The losing months is a concern as points lost are more..but for a totally mechanical system we have to take this in our stride.

The above are general comments without knowing the exact details of the system....so some of them may not be relevant to the system.

Finally as the system is making money, dont try to fine tune it with too many tweaks else it will loose its robustness.

Smart_trade

Smart_trade Sir, Thank you very much for taking time to express your opinion about the system. There are 2 variables in this AFL , I had run optimization on this AFL using Amibroker. Got around 40000 rows of data. I had selected the parameters which were giving good number of points for less number of trades. Testing period was 108 months, trades were 1115 and gross points were 18380 (I didn't consider brokerage and slippage). So monthly average comes to 170 NF points with 10.3 trades. I am in the process of calculating the maximum continous loss, which in other words will give an idea of the max. drawdown. Will try to post the result shortly.