Study: Sell KTKBANK when below 200 SMA and RSI is overbought

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In this study, we evaluate the performance of strategy "Sell KTKBANK when below 200 SMA and RSI is overbought" under various conditions.

X Analysis

In the table below, we find out the performance of this trading strategy under following scenario: sell KTKBANK 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. buy 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
1-10792.4395455.563729.9511462.63-7360.54-14884.30.510.63-0.039-1199.16
2-34678.3793633.339282.6811028.14-10421.07-17636.020.890.45-0.084-3853.15
3-30971.0994544.442671.55043.56-8331.42-17136.990.320.26-0.12-3441.23
4-23083.7994544.443829.078253.09-7680.02-13237.560.50.4-0.084-2564.87
5-21344.3794544.447473.2117881.71-10247.45-11832.280.730.58-0.055-2371.6
6-61632.5693633.338880.0614672.17-14712.12-32016.420.60.3-0.12-6848.06
7-61682.6994544.448557.5116322.79-19182.55-36018.470.450.36-0.1-6853.63
8-56940.5494544.4410165.5420265.93-19520.54-36531.550.520.42-0.085-6326.73
9-78913.1294544.4411398.7326776.71-24901.61-48537.710.460.37-0.092-8768.12
10-12122692722.2212562.8717331.5-20907.35-56644.430.60.17-0.13-13469.53

From the table above, we see that best results are achieved by holding positions for 1 trading days. Profit factor is 0.63. Number of signals (total trades) generated is low, don't trade solely on the basis of this study. This strategy is not profitable and we advice you not to use it.

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-11-10792.4395455.563729.9511462.63-7360.54-14884.30.510.63-0.039-1199.16
atrnil23.56-90962.781621412.516251.5618799.48-8818.99-13341.411.840.26-0.15-5685.17
atrnil34.19-102118161156.2528199.2228199.22-8687.85-13341.413.250.22-0.16-6382.41
atrtrail23-83935.491741323.531760.814373.04-6998.36-12046.060.250.077-0.24-4937.38
atrtrail33-83935.491741323.531760.814373.04-6998.36-12046.060.250.077-0.24-4937.38
atrtrail-13-83935.491741323.531760.814373.04-6998.36-12046.060.250.077-0.24-4937.38

In the table above, row 1 shows the best exit criterion. Profit factor is 0.63. Number of signals (total trades) generated is low, don't trade solely on the basis of this study. 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.
KTKBANK Performance, X=1, Profit Factor:0.633

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2017123 Feb 2017 (0.92%)
2016122 Apr 2016 (0.27%)
2013114 Oct 2013 (5.73%)
2012123 Jan 2012 (-3.51%)
2011113 Jun 2011 (0.39%)
2009209 Apr 2009 (-7.44%), 27 Apr 2009 (2.01%)
2004102 Nov 2004 (-0.1%)
2001102 Nov 2001 (-3.66%)



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