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NIFTY 45-min first candle breakout, long only backtest: does it work after costs?

We coded the nifty 45-min first candle breakout, long only strategy exactly as taught in a public video and ran it on NIFTY futures, 2017-01 to 2026-10, with real charges. Our test: −₹1.87 L after real costs. As taught on futures, 1 lot lost about ₹1.87 L after real costs over ~10 years, with a ₹3.7 L drawdown.

Net after costs
−₹1.87 L
Win rate
—
Worst drawdown
−₹3.70 L
Reality Score
18/100

The rules, as taught

Level = high of the first 45-min candle. If a later 45-min candle closes above it, buy at the next candle's open. Hold overnight; exit after two red 45-min candles or a 1% stop. One trade a day.

What the video claims, and what we found

Claim: About +78% in ~1.5 years on the index, before costs.

On their spot window without costs we get ₹79.8k vs their ₹78.8k. On futures costs are about ₹970 a trade vs ~₹790 average gross edge, and long futures also pay carry.

See the full results, charts and every trade

Questions people ask

Does the NIFTY 45-min first candle breakout, long only strategy work?

Not as taught, once real charges are included. As taught on futures, 1 lot lost about ₹1.87 L after real costs over ~10 years, with a ₹3.7 L drawdown. Tested on NIFTY futures, 2017-01 to 2026-10, after real costs. Reality Score 18/100.

What is the win rate of the NIFTY 45-min first candle breakout, long only strategy after costs?

We did not count a per-trade win rate for this one; the net result after real charges was −₹1.87 L with a worst drawdown of −₹3.70 L.

How much did it make or lose in the backtest?

Our test: −₹1.87 L after real costs. Over 2017-01 to 2026-10 (1 lot, historical lot sizes), the net after charges was −₹1.87 L and the worst fall from a peak was −₹3.70 L.

What exact rules were tested?

Level = high of the first 45-min candle. If a later 45-min candle closes above it, buy at the next candle's open. Hold overnight; exit after two red 45-min candles or a 1% stop. One trade a day.

How was the NIFTY 45-min first candle breakout, long only 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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