Your idea: for nifty 50. when the first one min candle forms measure the 50% le… — backtested on Indian market data | FakeTrades
FakeTrades.in
← all strategies
Y

Your idea: for nifty 50. when the first one min candle forms measure the 50% le…

💡 Described strategy
Analysed 28 Oct 2026, 11:12 PM IST
★☆☆☆☆ 1.0 / 5

Verdict

Real option-buying backtest. Decoded entry: an opening-range breakout on NIFTY 10-min bars → buy the ATM weekly CE (long) / PE (short), stop 2% / target 4% of premium, square-off by 15:15. Priced on real 1-minute NIFTY option premiums (GFDL, 2015–2026 — every tick of theta, IV crush and gamma is inside these prices), real charges and spread.

1,945 trades on ₹1L: net -286.4% over 12 years (-23.9%/yr, loses money), win 18%, payoff 1.09 (avg win ₹255 / avg loss ₹-233), max drawdown -287%, worst trade ₹-835. 2015: ₹-4,354. 2016: ₹-11,477. 2017: ₹-13,811. 2018: ₹-13,591. 2019: ₹-13,172. 2020: ₹-28,953. 2021: ₹-36,090. 2022: ₹-32,294. 2023: ₹-28,790. 2024: ₹-33,174. 2025: ₹-45,716. 2026: ₹-25,014.

Option buying is convex — low win-rates are normal; the question is whether winners outrun the premium bleed. Backtested on 12 years of minute-level premium data (2015–2026; monthly contracts before 2019 — weeklies didn't exist; constant 65-unit lot); entries tested intraday as taught. Flagged for human review.

See strategies that scored 4★+ →
Know someone trading this?

Is it profitable? (green above the line = made money, red below = lost it)

Year by year (every trade the rules fired, on real NIFTY option premiums — 1 lot, ₹1L)

YearTradesWin %Net P&L
20156734% ₹-4,354
201612624% ₹-11,477
201715324% ₹-13,811
201814626% ₹-13,591
201914825% ₹-13,172
202016413% ₹-28,953
202124718% ₹-36,090
202219415% ₹-32,294
20231909% ₹-28,790
202416010% ₹-33,174
202524414% ₹-45,716
202610614% ₹-25,014
Full transcript (87 words)
for nifty 50. when the first one min candle forms measure the 50% level of that candle. mark that level and if the second candle closes above that line we take a CE buy trade similalry below that line we take a short PE buy trade. SL is just 2 points below/above that line from the high of second candle. risk reward should be 1:2 atleast and more. the second candle should be under 20 points on the spot. we enter ITM option wit h 0.5 delta.

💬 Trader reviews (traded this? tell others what really happened)

No reviews yet — be the first. Real experiences help other traders more than any backtest.

User opinions, not investment advice. Reviews are moderated before publishing.

Results are AI-generated from stored historical market data and are for educational purposes only — they cannot be treated as 100% accurate, nor as investment advice or a recommendation to buy or sell any security. Strategies from non-Indian markets are also backtested on Indian market data only. Past performance does not guarantee future results.