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TATA Consultancy Services (TCS) Trading Strategy-1

This Trading Strategy is for TATA Consultancy Services ( TCS ) which is traded on National Stock Exchange (India).

The strategy works best on 5 min timeframe. The results may very different depending upon time-frame and date range of your choice.

The default trading quantity is 2. I have added functionality for part profit booking which increase profit and always keeps you in trade.

I have tested this indicator on 5 minutes time-frame on National Stock of Exchange(India) which gives good results and the time period is almost 6 months.
Period : 20/08/2019 to 06/03/2020.
Points = 1244.
No. of trades = 78
Profit Factor = 2.497
Sharpe Ratio = 0.025

It is non-repainting indicator and uses version=4.

For free trial, send me a private message in order to access this script as this Invite Only script.

Thanks © allanster for Date Range functionality script.

Disclaimer: This script/strategy is for educational and information purpose only. The author of this script/strategy will not accept any liability for loss or damage as a result of reliance on the information contained in the charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets.

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The link for the 5 min TCS strategy.