shoebshah64/banknifty-golden-ratio-strategy

Its a bad but popular strategy that makes decent returns.

The BankNIFTY Golden Ratio Strategy

Please read this FIRST - https://forum.unofficed.com/t/using-futures-data-on-banknifty-golden-ratio-strategy/518

Scrip = BANKNIFTY Futures

Golden Number = ((Previous Day High - Previous Day Low) + Opening Range of Today's First 10 minutes))*61.8%

Entry

Buy Above = (Previous Day Close + Golden Number)

Sell Below = (Previous Day Close - Goldern Number)

Stop Loss at 0.5% Target at 2%

Its a bad but popular strategy that makes decent returns.

Tutorial

All in One Playlist - https://youtube.com/watch?v=jjrDpc2vnM4&list=PLQ4ZLPe8sUF0n77ftl6zwrVxk94luxe-G

Prerequisite: https://unofficed.com/quant-session/

Unofficed

Trading is a boring and lonely journey. Why not trade together? Have a look at our community - https://www.unofficed.com/ ✅

Link to Telegram Channel - https://t.me/unofficed/🤾‍♂️

If you have questions 👨‍💻😉🤷‍♂️❓❓ ask them in the Slack Channel.

Use this strategy to automate in various brokers of NSE Exchange - Zerodha, Upstox, Alice Blue, SAS Online, 5paisa, IIFL, Interactive Brokers, Fyers using the algo trading APIs.