Study: Buy BERGEPAINT when near 200 SMA and above 200 SMA and above 50 SMA and above 20 SMA and RSI is above 50

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In this study, we evaluate the performance of strategy "Buy BERGEPAINT when near 200 SMA and above 200 SMA and above 50 SMA and above 20 SMA and RSI is above 50" under various conditions.

X Analysis

In the table below, we find out the performance of this trading strategy under following scenario: buy BERGEPAINT at the closing price whenever the signal triggers (Rs. 2Lac per trade). Then cover the position "X" trading days later at close_price i.e. sell after "X" trading days. Here are the results of this study:

X DaysNet ProfitTotal TradesWinning TradesLosing Trades% ProfitableAvg Winning TradeMax Winning TradeAvg Losing TradeMax Losing TradeWin/Loss RatioProfit FactorSharpe RatioAvg Trade
128085.2820128603829.5814345.99-2233.71-5833.331.712.570.0651404.26
245085.07201010508193.5136694.68-3685-13920.612.222.220.0472254.25
364246.5620128608540.7334467.62-4780.28-18923.331.792.680.0593212.33
460868.3320128608878.837541.16-5709.66-21315.931.562.330.0563043.42
571315.4220137658137.7237760.7-4925-11636.761.653.070.073565.77
668555.2220137658123.3430735.46-5292.61-17400.761.532.850.0733427.76
710209020146709756.9323271.13-5751.22-11636.761.73.960.115104.49
897592.8320146709525.3533127.15-5960.34-7830.341.63.730.14879.64
9115403201467010711.3246048.11-5759.24-8917.891.864.340.0975770.15
10132668201467012210.4141924.4-6379.6-11963.021.914.470.116633.41

From the table above, we see that best results are achieved by holding positions for 10 trading days. Profit factor is 4.47. Strategy is very good and impressively bullish. Percentage of profitable trades is 70%, which is good. Average return per trade is 3.32%, which is very good.
In the chart below, we plot cumulative trade gain versus trades. This chart is important and informative as it shows the performance of strategy over time.
BERGEPAINT Performance, X=10, Profit Factor:4.47

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2020111 Jun 2020 (6.34%)
2019123 Jul 2019 (10.25%)
2014125 Mar 2014 (4.83%)
2012102 Feb 2012 (8.8%)
2011206 Apr 2011 (2.0%), 29 Apr 2011 (4.53%)
2009209 Mar 2009 (-3.06%), 16 Apr 2009 (5.18%)
2007118 Jun 2007 (5.49%)
2005113 May 2005 (1.79%)
2003301 Jan 2003 (-1.28%), 16 Jan 2003 (-4.05%), 07 May 2003 (20.96%)
2002127 Sep 2002 (3.18%)
2001125 Jun 2001 (-5.98%)
2000124 Nov 2000 (-2.59%)
1999128 Jun 1999 (4.51%)
1998209 Mar 1998 (0.93%), 24 Mar 1998 (6.69%)
1997128 Nov 1997 (-2.18%)

Strategy Analysis - Exit Criteria

In the study above, exit criterion was that hold the position for "X" trading days. That's one possible exit criterion. However, we can have more elaborate exit criteria. Now we study this strategy under other exit criteria. There are 3 things which you must get to know before proceeding further. Table below shows the performance of this strategy under various exit combinations. Note that nil,nil,-1 is a special exit combination where we just take the best result of "X" Analysis study above.

Stop LossAdjust Stop LossTargetAvg Holding PeriodNet ProfitTotal TradesWinning TradesLosing Trades% ProfitableAvg Winning TradeMax Winning TradeAvg Losing TradeMax Losing TradeWin/Loss RatioProfit FactorSharpe RatioAvg Trade
nilnil-110132668201467012210.4141924.4-6379.6-11963.021.914.470.116633.41
atrnil38.81486912010105021703.4431356.82-6834.34-10710.873.183.180.17434.55
atrnil25.321146342213959.0913685.7420904.55-7031.13-10710.871.952.810.0995210.65
atrtrail35.7683916.012181338.117823.4731356.82-4513.21-10710.873.952.430.0643996
atrtrail-1779769.962181338.117305.2237820.97-4513.21-10710.873.832.360.0583798.57
atrtrail24.771871.7223101343.4813381.5520904.55-4764.91-10710.872.812.160.0663124.86
200trail-13.6756376.572762122.2218236.4835252.93-2525.83-3752.047.222.060.0392088.02
200nil21.6819984.0628111739.296155.097981.24-2807.17-3648.192.191.420.032713.72
200nil32.0717553.962781929.639079.6911971.86-2899.13-3752.043.131.320.024650.15
200trail21.6112370.928101835.716000.877981.24-2646.55-3648.192.271.260.021441.82
200trail31.968169.182772025.938727.3711971.86-2646.12-3752.043.31.150.012302.56

In the table above, row 1 shows the best exit criterion. Profit factor is 4.47. Strategy is very good and impressively bullish. Percentage of profitable trades is 70%, which is good. Average return per trade is 3.32%, which is very good.
Performance of strategy chart over time is same as above.

View performance of other stocks for this trading system.

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