Is MACD still a powerful indicator for Indian Traders? Backtest on BankNifty, Nifty, and FinnNifty
Episode- 10 Link for strategy code- https://shorturl.at/hiqD0 Insta profile- www.instagram.com/@financeshastri In this video, I show the results of a backtest of the MACD indicator on BankNifty, Nifty, and FinnNifty for the last 3 financial years. I coded the script in PineScript and backtested it on TradingView. I optimized each result for a good risk-reward ratio with low risk. The results show that the MACD indicator can still be used to generate profitable trades, but it is important to use it in conjunction with other indicators and to manage risk carefully. #finance #trading #investing #stockmarket #india #macd #backtest #pinescript #tradingview #technicalanalysis #indianstockmarket #stockmarketinvesting #stockmarkettips #stockmarketforbeginners #tradingstrategies #tradingforbeginners #financialeducation #personalfinance #FinanceShastri #ShastriTradingLab #MACDBacktesting #IndianFinancialMarkets #RiskReward #FinancialAnalysis #TradingIndicators #BankNifty #Nifty #FinNifty Disclaimer: The information in this video is for educational purposes only and should not be considered financial advice. Past performance is not indicative of future results. There is always the risk of losing money when investing. You should always consult with a financial advisor before making any investment decisions. I, Finance Shastri, am not responsible for any losses incurred as a result of using the information in this video.
Episode- 10 Link for strategy code- https://shorturl.at/hiqD0 Insta profile- www.instagram.com/@financeshastri In this video, I show the results of a backtest of the MACD indicator on BankNifty, Nifty, and FinnNifty for the last 3 financial years. I coded the script in PineScript and backtested it on TradingView. I optimized each result for a good risk-reward ratio with low risk. The results show that the MACD indicator can still be used to generate profitable trades, but it is important to use it in conjunction with other indicators and to manage risk carefully. #finance #trading #investing #stockmarket #india #macd #backtest #pinescript #tradingview #technicalanalysis #indianstockmarket #stockmarketinvesting #stockmarkettips #stockmarketforbeginners #tradingstrategies #tradingforbeginners #financialeducation #personalfinance #FinanceShastri #ShastriTradingLab #MACDBacktesting #IndianFinancialMarkets #RiskReward #FinancialAnalysis #TradingIndicators #BankNifty #Nifty #FinNifty Disclaimer: The information in this video is for educational purposes only and should not be considered financial advice. Past performance is not indicative of future results. There is always the risk of losing money when investing. You should always consult with a financial advisor before making any investment decisions. I, Finance Shastri, am not responsible for any losses incurred as a result of using the information in this video.