Nifty Options Swing-Trade Backtest
Budget: ₹1,500 – ₹12,500 INR
Project Title: Backtest Nifty 50 1-Hour Triple Supertrend Strategy with Options Execution Simulation
Objective: I want a complete backtest of my positional strategy on Nifty 50 futures/options to evaluate performance, risk, and viability. The output must be detailed, actionable, and clearly structured for decision-making.
1️⃣ Strategy Details
Timeframe: 1 Hour Indicators:
Supertrend 10,4
Supertrend 7,3
Supertrend 7,2
Entry Rule:
When the candle closes crossing all 3 Supertrends in the same direction:
Buy signal → Enter Long
Sell signal → Enter Short
Option Execution Rule (for simulation purposes):
On Buy signal → Sell CE at the farthest Supertrend price (strike nearest to farthest Supertrend)
On Sell signal → Sell PE at farthest Supertrend price
Exit Rule:
Close trade when price again crosses all 3 Supertrends in opposite direction (simulate squaring off the option position)
(you can use ADX < 20 or any volatility filter to mark)
2️⃣ Risk & Capital Assumptions
Fixed capital per trade: ₹1,00,000
Ignore slippage and brokerage initially (or include if possible)
Options data: Use historical Nifty option data if available; otherwise futures price simulation is acceptable
3️⃣ Backtest Requirements
Backtest period: Last 5 years (hourly candles)
Metrics to calculate:
Total net profit/loss
Monthly profit/loss
Maximum drawdown
Average win / average loss
Win rate (%)
Risk-Reward ratio
% of trades in sideways vs trending months
Number of trades per month
Graphical output:
Equity curve
Drawdown chart
P&L per month
4️⃣ Additional Requirements
Identify “sideways periods” where the strategy loses heavily (you can use ADX < 20 or any volatility filter to mark)
Provide a summary recommendation:
When the strategy performs well
When the strategy performs poorly
Deliverables in Excel or CSV format for all trades and metrics
Include all calculations with clear column labels
5️⃣ Communication & Timeline
Delivery Time: 7–10 days (negotiable)
Regular updates are appreciated
Freelancer should clarify doubts about entry/exit rules before starting
6️⃣ Skills Required
Python / TradingView / Amibroker / Excel VBA
Nifty 50 futures and options understanding
Experience in backtesting technical strategies
Ability to deliver clean, actionable results
Objective: I want a complete backtest of my positional strategy on Nifty 50 futures/options to evaluate performance, risk, and viability. The output must be detailed, actionable, and clearly structured for decision-making.
1️⃣ Strategy Details
Timeframe: 1 Hour Indicators:
Supertrend 10,4
Supertrend 7,3
Supertrend 7,2
Entry Rule:
When the candle closes crossing all 3 Supertrends in the same direction:
Buy signal → Enter Long
Sell signal → Enter Short
Option Execution Rule (for simulation purposes):
On Buy signal → Sell CE at the farthest Supertrend price (strike nearest to farthest Supertrend)
On Sell signal → Sell PE at farthest Supertrend price
Exit Rule:
Close trade when price again crosses all 3 Supertrends in opposite direction (simulate squaring off the option position)
(you can use ADX < 20 or any volatility filter to mark)
2️⃣ Risk & Capital Assumptions
Fixed capital per trade: ₹1,00,000
Ignore slippage and brokerage initially (or include if possible)
Options data: Use historical Nifty option data if available; otherwise futures price simulation is acceptable
3️⃣ Backtest Requirements
Backtest period: Last 5 years (hourly candles)
Metrics to calculate:
Total net profit/loss
Monthly profit/loss
Maximum drawdown
Average win / average loss
Win rate (%)
Risk-Reward ratio
% of trades in sideways vs trending months
Number of trades per month
Graphical output:
Equity curve
Drawdown chart
P&L per month
4️⃣ Additional Requirements
Identify “sideways periods” where the strategy loses heavily (you can use ADX < 20 or any volatility filter to mark)
Provide a summary recommendation:
When the strategy performs well
When the strategy performs poorly
Deliverables in Excel or CSV format for all trades and metrics
Include all calculations with clear column labels
5️⃣ Communication & Timeline
Delivery Time: 7–10 days (negotiable)
Regular updates are appreciated
Freelancer should clarify doubts about entry/exit rules before starting
6️⃣ Skills Required
Python / TradingView / Amibroker / Excel VBA
Nifty 50 futures and options understanding
Experience in backtesting technical strategies
Ability to deliver clean, actionable results