bigbull X Strategy by algovisionx2
By algovisionx2
Performance Metrics
- Author: algovisionx2
- Symbol: NSE:NIFTY_MID_SELECT
- Timeframe: 15 minutes
- Net P&L: +1,656,968.94 INR (+16,620.56%)
- Win Rate: 27.6%
- Profit Factor: 1.428
- Max Drawdown: 97,214.71 INR (218.57%)
- Total Trades: 2,131
Description
BigBull X Strategy is a comprehensive multi-indicator trading system designed to identify high-probability trading opportunities in MIDCAP NIFTY using a powerful weighted scoring mechanism.This strategy combines multiple technical indicators including EMA, SMA, VWMA, Hull Moving Average, Ichimoku Conversion and Base Line, RSI, Stochastic, Stochastic RSI, MACD, ADX with DI, CCI, Awesome Oscillator, Momentum, Williams %R, Bull Power, Bear Power, and Ultimate Oscillator. Each indicator contributes bullish or bearish points into a unified scoring system that reflects overall market strength.Based on the total score, the strategy classifies the market into five conditions:• Strong Buy• Buy• Neutral• Sell• Strong SellTrade entries are executed when bullish or bearish score thresholds are reached, and positions are automatically closed when the score returns to neutral, helping avoid trades during sideways or low-confidence market conditions.This strategy executes strictly on confirmed candle close, ensuring realistic backtesting and non-repainting behavior.Recommended Market: MIDCAP NIFTYRecommended Timeframe: 15 minutesTrading Session: 09:15 to 15:00 (Indian Market Session)Commission: 0.01%Slippage: 2 pointsKey Features:• Optimized for MIDCAP NIFTY intraday trading• Multi-indicator confirmation system• Advanced weighted scoring model• Trend and momentum confirmation• Automatic entry and exit logic• Non-repainting execution• Session-based filtering• Date range filter for accurate backtesting• Realistic execution with commission and slippage includedMIDCAP NIFTY is known for its strong intraday volatility and trending behavior, making it highly suitable for this strategy’s multi-confirmation approach.This strategy was created for educational and testing purposes only. Users should perform their own testing and risk management before using in live trading.This is not financial advice.