Study: Buy CADILAHC when RSI is above 50 and there is Bullish Crossover in MACD and ADX is Trending

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In this study, we evaluate the performance of strategy "Buy CADILAHC when RSI is above 50 and there is Bullish Crossover in MACD and ADX is Trending" under various conditions.

X Analysis

In the table below, we find out the performance of this trading strategy under following scenario: buy CADILAHC 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
1-6179.5641212051.223168.8110690.19-3636.23-8879.470.870.92-0.0079-150.72
2-30355.8341182343.94484.9210843.67-4829.75-12782.280.930.73-0.029-740.39
3-5122.7641162539.026534.0316294.04-4386.69-14230.931.490.95-0.0041-124.95
4-10318.9441172441.466839.5219617.05-5274.62-15561.751.30.92-0.0077-251.68
5-33286.2241152636.597363.221676.3-5528.24-19201.491.330.77-0.023-811.86
6-55128.0141162539.026545.6412125.91-6394.33-19127.211.020.66-0.04-1344.59
7-66922.5741172441.466775.5222035.59-7587.77-17511.720.890.63-0.042-1632.26
8-61073.8341172441.468546.7126590.75-8598.66-17767.360.990.7-0.033-1489.61
9-34873.1241162539.0210515.0644617.05-8124.56-20113.591.290.83-0.016-850.56
10-58609.2641182343.99507.0637644.51-9988.54-22032.90.950.74-0.026-1429.49
Although, strategy looks good but profit factor on day 2 is less than minimum accepted value so avoid this, see below for further analysis.

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
atrtrail24.38-50235.3547133427.6611587.1121986.13-5907.88-13655.791.960.75-0.028-1068.84
atrnil26.45-72516.5447133427.6614481.1621986.13-7669.75-14859.861.890.72-0.034-1542.91
atrtrail34.62-66245.1247133427.6610355.5927492.67-5907.88-13655.791.750.67-0.036-1409.47
atrnil38.45-1080694783917.0223140.3232979.19-7517.73-14859.863.080.63-0.044-2299.34
atrtrail-14.85-79734.6647133427.669317.9332224.43-5907.88-13655.791.580.6-0.045-1696.48

In the table above, row 1 shows the best exit criterion. Profit factor is 0.75. This strategy is not profitable and we advice you not to use it.
In the chart below, we plot cumulative trade gain versus trades using the best exit criterion.
CADILAHC Performance, Profit Factor:0.75

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2019108 Aug 2019 (-3.98%)
2017319 Jul 2017 (-3.07%), 25 Jul 2017 (-2.16%), 30 Aug 2017 (-2.36%)
2016127 Sep 2016 (-2.64%)
2015301 Jan 2015 (2.15%), 16 Feb 2015 (-1.88%), 12 Mar 2015 (5.72%)
2014508 Jan 2014 (5.73%), 07 Feb 2014 (6.2%), 01 Apr 2014 (-1.84%), 09 Oct 2014 (8.47%), 04 Dec 2014 (-3.33%)
2013119 Dec 2013 (4.53%)
2012204 Sep 2012 (-2.64%), 03 Dec 2012 (3.69%)
2011209 May 2011 (-3.88%), 10 May 2011 (-0.75%)
2010523 Mar 2010 (-3.12%), 07 Apr 2010 (-0.15%), 12 May 2010 (6.21%), 17 Jun 2010 (6.76%), 25 Oct 2010 (-2.61%)
2009217 Jun 2009 (-5.04%), 25 Jun 2009 (0.26%)
2008212 Jun 2008 (-0.31%), 04 Dec 2008 (-6.42%)
2006129 Apr 2006 (-5.02%)
2005101 Feb 2005 (-4.16%)
2004424 May 2004 (-6.83%), 07 Sep 2004 (-2.58%), 08 Sep 2004 (5.44%), 01 Oct 2004 (-2.86%)
2003617 Jan 2003 (-2.31%), 28 Feb 2003 (-2.49%), 12 Mar 2003 (-2.39%), 28 Jul 2003 (-0.86%), 26 Aug 2003 (10.99%), 06 Oct 2003 (-5.27%)
2002209 May 2002 (-3.13%), 09 Aug 2002 (-1.79%)
2001405 Jan 2001 (-2.63%), 19 Sep 2001 (-5.15%), 28 Sep 2001 (-3.68%), 26 Nov 2001 (-2.61%)
2000225 Oct 2000 (9.16%), 11 Dec 2000 (-0.49%)



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