Open High Low Strategy Success Rate: 2017 to 2026, Year by Year

First, a check. Our re-run of the last 12 months gives 709 trades, 45.0% won and -₹10,783; the strategy page shows 709 trades, 45.0% and -₹10,783. They match.

Now the longer view, on the same 15 stocks and rules, with every year's trades counted in the year they closed.

The strategy buys when the day opens at the first candle's low and price then closes above that candle's high (buy side), and sells short when the day opens at the first candle's high and price then closes below its low (sell side). We ran each side on its own.

'Open = low' is rarely exact on a real chart. We tested the exact rule, and rules that accept an open within 0.1% or 0.2% of the first candle's low (or high).

The strategy page uses the first 15-minute candle. Some traders use the first 5 minutes. Same rules, same exits (stop 1%, target 2%), the first candle's size is the only change.

Not tested. A NIFTY trend filter (only take buys when NIFTY 50 is above its own open or its 20 EMA) needs a stock's rule to read another instrument, the index. LeadFinn's rule builder cannot read a second symbol yet, so we have no result to show and will not estimate one.

The Open High Low strategy success rate on Zerodha, or on any other broker, differs only by brokerage. STT, exchange fees, SEBI fees, stamp duty and GST are set by law or the exchange and are the same at every broker. The default charges in LeadFinn's backtests are Zerodha's published rates. A trade here is about ₹20,000 (20% of the account), where brokers with a percent-based fee charge more than Zerodha. On Zerodha the last 12 months ended -₹10,783 (-10.8%) after ₹13,450 of charges.

Broker rates change; each row shows the page we read and the date. Check your broker's current page before relying on a figure.