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15-min RSI(9) credit spreads backtest: does it work after costs?

We coded the 15-min rsi(9) credit spreads strategy exactly as taught in a public video and ran it on NIFTY weekly, 2019-02 to 2026-10, with real charges. Claimed ₹1.69 L. Reality −₹21,622. Even with no costs we could not get near the claimed 2022–24 profits; after real costs the rules lost about ₹38k overall and money again in 2026.

Net after costs
−₹37,873
Win rate
42.0%
Worst drawdown
−₹78,500
Reality Score
9/100

The rules, as taught

RSI(9) on 15-minute NIFTY with 60/40 bands. Above 60: sell the ~0.20-delta weekly put and buy the put 1,000 points further out; below 40: the call version. No entry before 09:30 or after 14:45, exit 15:15. 30% stop on the short option's premium or reverse on the opposite signal, with one re-entry after a stop.

What the video claims, and what we found

Claim: Yearly profits of about ₹48k (2021), ₹18k (2022), ₹20k (2023), ₹35k (2024) and ₹47.5k (2025) on ₹80k–1 L margin.

Before costs at their lot size we got +₹30.7k, −₹1.1k, −₹4.1k, +₹0.6k and +₹23.8k for 2021–25 vs their +₹48k, +₹18k, +₹20k, +₹35k and +₹47.5k. We tried 13 different readings of the rules; none came close to the 2022–24 figures.

See the full results, charts and every trade

Questions people ask

Does the 15-min RSI credit spreads strategy work?

We could not reproduce the claimed result. Even with no costs we could not get near the claimed 2022–24 profits; after real costs the rules lost about ₹38k overall and money again in 2026. Tested on NIFTY weekly, 2019-02 to 2026-10, after real costs. Reality Score 9/100.

What is the win rate of the 15-min RSI credit spreads strategy after costs?

42.0% of trades made money after real charges in our test (2019-02 to 2026-10). A high or low win rate alone says little; the net result was −₹37,873 with a worst drawdown of −₹78,500.

How much did it make or lose in the backtest?

Claimed ₹1.69 L. Reality −₹21,622. Over 2019-02 to 2026-10 (1 lot, lot size of the day), the net after charges was −₹37,873 and the worst fall from a peak was −₹78,500.

What exact rules were tested?

RSI(9) on 15-minute NIFTY with 60/40 bands. Above 60: sell the ~0.20-delta weekly put and buy the put 1,000 points further out; below 40: the call version. No entry before 09:30 or after 14:45, exit 15:15. 30% stop on the short option's premium or reverse on the opposite signal, with one re-entry after a stop.

How was the 15-min RSI credit spreads backtest done?

On 1-minute exchange data since 2017, signals filled at the next minute's open, with real broker charges, STT, exchange fees, SEBI fee, stamp duty and GST, and the lot size of each date. Rules exactly as taught; gaps we had to fill are stated. Full method on our How we test page.

Run it yourself — coming soon

These rules use features our public backtester can't express exactly yet, so we won't pre-fill an approximation. Build your own idea in the meantime.

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