MCX Strategy (by Bhavesh Bhavsar)

1. Mark the high and low of previous day.

2. If high break, take buy position. If low break, take sell position. Its a swing trading, so do not
close the position at the end of the day.
3. Next day again, mark high and low of previous day.
4. If you are already in buy position, stay in the trade if high break. Similarly, if you are already
in sell position, stay in the trade if low breaks.
5. If you are long and if low of previous day breaks, close the buy position and take fresh sell
position. Vice versa for short.

Please refer to the file "MCX trading backtest.xlsx"