Study: Buy LICHSGFIN 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 LICHSGFIN 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 LICHSGFIN 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
173002.6139251464.14213.6818750-2309.96-8011.221.823.260.0781871.86
266096.4639251464.15449.0840524.19-5009.32-11426.721.091.940.041694.78
399859.7639261366.676229.1841558.44-4776.83-11203.631.32.610.062560.51
488577.4239271269.235953.0828571.43-6012.99-14247.220.992.230.0582271.22
593521.9439241561.548504.3531168.83-7372.16-18016.651.151.850.0482398
692057.739251464.19088.9533766.23-9654.72-27822.580.941.680.042360.45
737166.1139231658.979078.4331168.83-10727.37-42943.550.851.220.015952.98
819185.1439231658.979433.0629090.91-12360.95-47379.030.761.10.0071491.93
910565.639221756.411007425378.39-12415.43-562500.811.050.0037270.91
1015936.4339211853.8511825.8652375.92-12911.48-562500.921.070.0048408.63

From the table above, we see that best results are achieved by holding positions for 1 trading days. Profit factor is 3.26. Strategy is very good and impressively bullish. Percentage of profitable trades is 64.1%, which is good. Average return per trade is 0.94%, which is not very high, don't trade solely on the basis of this study. Sharpe Ratio is 0.078, which is low, 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.
LICHSGFIN Performance, X=1, Profit Factor:3.26

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2017316 Jan 2017 (-1.69%), 15 Feb 2017 (0.13%), 09 Oct 2017 (-0.44%)
2016425 Jan 2016 (-0.44%), 30 May 2016 (0.51%), 05 Dec 2016 (-0.63%), 29 Dec 2016 (0.56%)
2015315 Apr 2015 (-2.54%), 01 Oct 2015 (4.35%), 16 Dec 2015 (1.32%)
2014115 Jul 2014 (-4.01%)
2012806 Jan 2012 (0.29%), 20 Mar 2012 (5.33%), 09 Apr 2012 (1.02%), 30 Apr 2012 (-0.38%), 15 Jun 2012 (-0.83%), 14 Sep 2012 (4.07%), 07 Nov 2012 (-1.17%), 29 Nov 2012 (2.98%)
2011305 Sep 2011 (0.85%), 30 Sep 2011 (1.61%), 22 Dec 2011 (0.97%)
2010207 Jan 2010 (0.77%), 10 Mar 2010 (3.23%)
2008110 Apr 2008 (1.85%)
2005318 Apr 2005 (-0.92%), 07 Jun 2005 (1.13%), 14 Jul 2005 (-0.85%)
2004107 Apr 2004 (1.39%)
2002329 Apr 2002 (0.2%), 29 May 2002 (0.48%), 23 Sep 2002 (-1.22%)
2001318 Apr 2001 (-1.04%), 14 Aug 2001 (0.54%), 11 Oct 2001 (0.0%)
1999106 May 1999 (3.51%)
1998102 Jun 1998 (9.37%)
1997209 Jul 1997 (5.6%), 11 Sep 1997 (0.61%)

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-1173002.6139251464.14213.6818750-2309.96-8011.221.823.260.0781871.86
atrtrail36.091698974422225012338.9637101.58-4616.38-8506.632.672.670.0683861.29
atrtrail-16.841403024422225010993.7744132.25-4616.38-8506.632.382.380.0583188.69
atrtrail25.481228324422225010199.6729928.42-4616.38-8506.632.212.210.062791.64
atrnil27.7415622439192048.7215244.1929928.42-6670.81-9503.932.292.170.074005.73
atrnil311.3315126236142238.8921962.8737101.58-7100.81-14964.213.091.970.0574201.73
50trail32.767471.5956213537.57320.0611819.38-2464.28-3984.492.971.780.0451204.85
50trail-13.6665963.856213537.57248.2623714.29-2464.28-3984.492.941.760.0391177.93
50nil33.2180189.6553193435.859791.6911882.78-3113.31-3984.493.151.760.0491513.01
50trail22.1257868.2158233539.666371.887879.59-2533.86-3984.492.511.650.046997.73
50nil22.4549409.5555233241.826468.767921.85-3105.37-3984.492.081.50.038898.36

In the table above, row 1 shows the best exit criterion. Profit factor is 3.26. Strategy is very good and impressively bullish. Percentage of profitable trades is 64.1%, which is good. Average return per trade is 0.94%, which is not very high, don't trade solely on the basis of this study. Sharpe Ratio is 0.078, which is low, 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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