Study: Buy JUBLFOOD when RSI is below 50 and there is Bullish Crossover in MACD

home > technical-strategy > jublfood > 64

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

X Analysis

In the table below, we find out the performance of this trading strategy under following scenario: buy JUBLFOOD 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
141912.922819967.864084.4613298.49-3965.77-7538.421.032.170.11496.89
271094.0928181064.296258.9320596.07-4156.66-11830.221.512.710.122539.07
31646822819967.8610802.3332909.48-4506.97-10753.452.45.060.195881.49
416183628181064.2912824.4433437.58-6900.44-18146.121.863.350.155779.84
515752928181064.2913626.4737372.47-8774.73-16958.991.552.80.135626.04
616796528171160.7114798.9638072.29-7601.61-16128.891.953.010.145998.74
712953928171160.7113250.3445383.24-8701.53-17329.931.522.350.14626.39
812655628121642.8617561.2937100.21-5261.22-20484.693.342.50.14519.86
912210028151353.5714937.7435834.55-7843.54-32991.391.92.20.0914360.72
1011704528161257.1415200.4635842.22-10513.51-48476.991.451.930.0784180.18

From the table above, we see that best results are achieved by holding positions for 3 trading days. Profit factor is 5.06. Strategy is very good and impressively bullish. Percentage of profitable trades is 67.86%, which is good. Average return per trade is 2.94%, 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.
JUBLFOOD Performance, X=3, Profit Factor:5.06

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2019221 May 2019 (1.21%), 17 Jul 2019 (-4.47%)
2018215 Oct 2018 (7.85%), 09 Nov 2018 (5.98%)
2017208 Jun 2017 (0.65%), 28 Jun 2017 (6.53%)
2016629 Jan 2016 (-5.38%), 29 Feb 2016 (16.45%), 09 Jun 2016 (-1.25%), 03 Oct 2016 (4.61%), 28 Nov 2016 (2.27%), 28 Dec 2016 (3.4%)
2015311 Sep 2015 (-0.02%), 19 Nov 2015 (8.13%), 23 Dec 2015 (3.16%)
2014318 Feb 2014 (2.36%), 22 Mar 2014 (2.1%), 08 May 2014 (16.28%)
2013520 Feb 2013 (-2.56%), 03 May 2013 (-1.86%), 16 May 2013 (2.96%), 26 Jun 2013 (5.95%), 28 Aug 2013 (-1.4%)
2012131 Aug 2012 (5.26%)
2011321 Feb 2011 (5.12%), 28 Nov 2011 (2.36%), 23 Dec 2011 (-1.74%)
2010102 Jun 2010 (-1.61%)

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-131646822819967.8610802.3332909.48-4506.97-10753.452.45.060.195881.49
atrtrail-17.52273453015155020506.7973017.12-5350.46-9746.823.833.830.137578.17
atrtrail361736593015155016927.7537962.96-5350.46-9746.823.163.160.135788.65
atrtrail24.41345413015155014319.8825308.64-5350.46-9746.822.682.680.134484.71
atrnil38.61608703012184025447.9837962.96-8028.08-12212.273.172.110.15362.34
atrnil25.9710721830141646.6716834.0525308.64-8028.68-12212.272.11.830.0893573.92

In the table above, row 1 shows the best exit criterion. Profit factor is 5.06. Strategy is very good and impressively bullish. Percentage of profitable trades is 67.86%, which is good. Average return per trade is 2.94%, which is very good.
Performance of strategy chart over time is same as above.

View performance of other stocks for this trading system.

Get Clearnifty's Android App.

Get clearnifty on Google Play
Get clearnifty on Google Play