I Tested MABB Intraday Trading Strategy for 15 Years on Bank Nifty and Here's What I Found

Full Youtube Video

The Banknifty strategy is a systematic intraday strategy for trading the Bank Nifty index using a 5-minute timeframe. It combines Bollinger Bands, Simple Moving Average, and Average True Range for rule-based entries and exits, focusing on clear, actionable signals.

Quick Strategy Overview

• Instrument: Bank Nifty index spot
• Type: Intraday, both long and short trades
• Timeframe: 5 minutes
• Indicators:
  • Bollinger Bands (20, 2)
  • 200-period SMA on HLC3 price type
  • ATR (30 for entry, 500 for stop-loss)
  • 24-bar highest/lowest close for trigger price calculation

Entry and Exit Rules

• Buy Setup:
  • Buy signal: when price closes above SMA + Upper Bollinger Band
  • Entry trigger: highest close in past 24 bars (last 2 hours) + 2 * ATR(30)
  • Stop-loss: Entry - 2.5*ATR(500)
• Sell Setup:
  • Sell signal: when price closes below SMA + Lower Bollinger Band
  • Entry trigger: lowest close in past 24 bars (last 2 hours) - 2 * ATR(30)
  • Stop-loss: Entry + 2.5*ATR(500)
• Common rules:
  • Square off positions by 3:15
  • Trade only in between 9:20 AM and 3.00 PM
  • Max 3 trades in a day
  • If new signal generated before entry, recalculate entry price and update order
  • Cancel order if not triggered within 1 hour

Backtest results

⚠️ Remember:

Like any trading strategy, always test this before trading...

You can not make money with single strategy, you will need basket of strategies to stay alive in market, and this can be in your basket.

As always, Markets can be unpredictable, so risk management is key!

Report and Trade details used in the video

You can download full report and trade details below. It is accessible to only members of this site, membership is FREE !