Study: Buy TITAN 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 TITAN 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 TITAN 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
152829.6560342656.674086.5716248.92-3312.06-7322.791.231.610.037880.49
213237560352558.336581.6221128.8-3919.25-16027.091.682.350.0642206.26
3116554603327557950.1822449.35-5400.06-22239.181.471.80.0451942.57
4148647603327559577.8226325.09-6200.77-23605.41.541.890.052477.46
515910360322853.3311047.0251691.07-6942.91-29345.371.591.820.0442651.72
614862460293148.3312437.5975466.94-6840.86-29571.111.821.70.0352477.06
758743.3960253541.6713549.0372286.72-7999.5-37020.321.691.210.013979.06
849698.926027334513854.8250681.47-9829.73-43566.591.411.150.011828.32
971662.9460293148.3313562.7354593.64-10376-42212.191.311.220.0151194.38
1012899460293148.3315513.0862645.13-10351.15-44469.531.51.40.0252149.89

From the table above, we see that best results are achieved by holding positions for 2 trading days. Profit factor is 2.35. Strategy is showing mildly bullish results but we advice not to take a call solely on the basis of this study. Percentage of profitable trades is 58.33%, which is not acceptable. Avoid this strategy. Average return per trade is 1.1%, which is not very high, don't trade solely on the basis of this study. Sharpe Ratio is 0.064, 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.
TITAN Performance, X=2, Profit Factor:2.35

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2019531 Jan 2019 (3.01%), 12 Mar 2019 (-0.01%), 24 Apr 2019 (-1.01%), 14 May 2019 (2.75%), 27 Jun 2019 (-0.45%)
2018205 Jan 2018 (2.56%), 19 Jul 2018 (-1.28%)
2017802 Feb 2017 (0.45%), 16 Mar 2017 (-0.05%), 05 Apr 2017 (-1.29%), 12 May 2017 (-1.35%), 04 Jul 2017 (-0.3%), 02 Aug 2017 (10.56%), 11 Oct 2017 (2.38%), 20 Dec 2017 (-0.71%)
2015101 Oct 2015 (6.49%)
2014401 Apr 2014 (1.07%), 10 Jun 2014 (-3.73%), 26 Jun 2014 (1.8%), 30 Sep 2014 (-2.62%)
2012312 Mar 2012 (0.75%), 05 Nov 2012 (0.83%), 29 Nov 2012 (-0.42%)
2011321 Feb 2011 (2.0%), 18 May 2011 (1.46%), 05 Sep 2011 (-0.89%)
2010701 Feb 2010 (1.43%), 05 Apr 2010 (0.47%), 14 May 2010 (1.18%), 16 Aug 2010 (-3.73%), 16 Sep 2010 (2.25%), 27 Oct 2010 (-1.0%), 30 Dec 2010 (4.26%)
2008126 Mar 2008 (4.92%)
2007415 May 2007 (2.83%), 20 Jun 2007 (-2.09%), 28 Aug 2007 (4.11%), 23 Oct 2007 (0.18%)
2006102 May 2006 (1.07%)
2005410 Mar 2005 (6.54%), 04 Jul 2005 (3.51%), 19 Sep 2005 (-3.53%), 01 Nov 2005 (5.52%)
2004306 Oct 2004 (5.43%), 28 Oct 2004 (-2.73%), 17 Nov 2004 (0.93%)
2003412 Jun 2003 (-2.02%), 01 Jul 2003 (2.58%), 31 Oct 2003 (-1.85%), 23 Dec 2003 (-2.01%)
2002304 Apr 2002 (9.16%), 24 Apr 2002 (1.56%), 11 Jul 2002 (-6.99%)
2001323 Jan 2001 (-0.8%), 07 Feb 2001 (7.28%), 11 Dec 2001 (-8.01%)
1999302 Jun 1999 (2.99%), 22 Jun 1999 (-0.12%), 07 Jul 1999 (7.43%)
1998125 Aug 1998 (3.43%)

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-1213237560352558.336581.6221128.8-3919.25-16027.091.682.350.0642206.26
atrtrail-16.312184226432325012307.8264296.92-5482.12-11737.012.252.250.053412.85
atrtrail35.161572436432325010395.9738684.41-5482.12-11737.011.91.90.0472456.92
atrtrail24.3513375268333548.5310189.825789.61-5786.04-11737.011.761.660.0411966.94
atrnil38.919693560223836.6722687.0438684.41-7952.11-16721.252.851.650.0433282.25
atrnil25.8610425365273841.5414998.4625789.61-7913.31-16721.251.91.350.0281603.89

In the table above, row 1 shows the best exit criterion. Profit factor is 2.35. Strategy is showing mildly bullish results but we advice not to take a call solely on the basis of this study. Percentage of profitable trades is 58.33%, which is not acceptable. Avoid this strategy. Average return per trade is 1.1%, which is not very high, don't trade solely on the basis of this study. Sharpe Ratio is 0.064, 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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