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Back-Testing Super Trend in 15 Mins Time Frame among Top 5 Contributors of Nifty 50 Stocks

Dhanus.S & G.Amutha

This study evaluates the profitability and risk of the Super Trend indicator on a 15-minute intraday timeframe across the top five NIFTY 50 contributors: Reliance, HDFC Bank, ICICI Bank, Infosys, and Bharti Airtel. Using historical OHLC data from February 2019 to February 2025, key performance metrics such as average return, win rate, Sharpe ratio, and maximum drawdown were analyzed. The strategy’s performance was tested under varying market conditions and compared to alternatives like moving average crossovers, RSI momentum, and VWAP entries. Practical trading factors including slippage and transaction costs were considered. The findings provide actionable insights for traders and system developers seeking effective intraday strategies in the Indian equity market.


DOI:

Article DOI: 10.62823/IJARCMSS/8.2(II).7445

DOI URL: https://doi.org/10.62823/IJARCMSS/8.2(II).7445


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