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

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In this study, we evaluate the performance of strategy "Buy CENTURYTEX when above 200 SMA and near 50 SMA and above 50 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 CENTURYTEX 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
173358.672317673.915128.7916370.61-2305.11-3847.272.226.30.133189.51
264263.092316769.575703.8413119.14-3856.9-8045.981.483.380.0992794.05
327446.842316769.574682.5814210.53-6782.07-12452.110.691.580.0371193.34
420742.3123121152.176244.1717434.21-4926.16-17859.831.271.380.024901.84
531949.592314960.876856.2426041.67-7115.3-19348.660.961.50.0321389.11
631541.972314960.877206.0831359.65-7704.8-23946.360.941.450.0271371.39
737771.092315865.227521.9125964.91-9382.2-22988.510.81.50.0311642.22
843934.7123121152.1711016.836024.48-8024.26-23946.361.371.50.031910.2
957300.1523111247.8313586.8440921.01-7679.59-25670.51.771.620.0362491.31
1056054.1623131056.5213083.7649548.24-11403.47-26053.641.151.490.0312437.14

From the table above, we see that best results are achieved by holding positions for 1 trading days. Profit factor is 6.3. Strategy is very good and impressively bullish. Percentage of profitable trades is 73.91%, which is good. Average return per trade is 1.59%, which is not very high, don't trade solely on the basis of this study.
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.
CENTURYTEX Performance, X=1, Profit Factor:6.3

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2019217 May 2019 (8.19%), 26 Jun 2019 (-0.27%)
2017406 Jan 2017 (1.82%), 16 Jun 2017 (1.89%), 04 Jul 2017 (0.66%), 08 Dec 2017 (3.57%)
2016120 Jun 2016 (4.55%)
2015312 Jan 2015 (1.09%), 28 May 2015 (1.45%), 19 Jun 2015 (1.37%)
2014228 Aug 2014 (2.58%), 13 Nov 2014 (0.91%)
2010305 Mar 2010 (1.7%), 23 Mar 2010 (-1.58%), 02 Nov 2010 (0.53%)
2009212 Nov 2009 (0.78%), 07 Dec 2009 (4.38%)
2005224 Jan 2005 (-1.92%), 26 Nov 2005 (-1.29%)
2004103 Nov 2004 (-1.47%)
2003128 Feb 2003 (-0.38%)
2002215 Feb 2002 (6.67%), 16 Apr 2002 (1.47%)

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-1173358.672317673.915128.7916370.61-2305.11-3847.272.226.30.133189.51
50trail21.9163721.5833171651.526270.077980.11-2679.35-3983.572.342.490.0851930.96
50trail32.3662916.333141942.427918.2211970.16-2523.09-3983.573.142.310.0691906.55
atrnil26.5411212326141253.8514734.5220243.23-7846.71-11068.411.882.190.0764312.41
50nil32.6662850.1432131940.629563.4611970.16-3235.52-3983.572.962.020.0621964.07
atrtrail24.7967356.3329141548.289971.6420243.23-4816.45-11068.412.071.930.0532322.63
50nil22.0347609.63321616506301.977980.11-3326.37-3983.571.891.890.0621487.8
50trail-13.7530387.7232122037.56474.7522543.75-2365.46-3983.572.741.640.035949.62
atrtrail35.5217350.9329141548.286399.8319388.61-4816.45-11068.411.331.240.017598.31
atrtrail-15.61-8269.1228121642.865642.1224268.39-4748.41-11068.411.190.89-0.0086-295.33
atrnil311.33-15489.82246182520608.9525346.81-7730.2-10262.592.670.89-0.011-645.41

In the table above, row 1 shows the best exit criterion. Profit factor is 6.3. Strategy is very good and impressively bullish. Percentage of profitable trades is 73.91%, which is good. Average return per trade is 1.59%, which is not very high, don't trade solely on the basis of this study.
Performance of strategy chart over time is same as above.

View performance of other stocks for this trading system.

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