Study: Sell TORNTPHARM when there is Bearish Crossover in MACD

home > technical-strategy > torntpharm > 25

In this study, we evaluate the performance of strategy "Sell TORNTPHARM when there is Bearish Crossover in MACD" under various conditions.

X Analysis

In the table below, we find out the performance of this trading strategy under following scenario: sell TORNTPHARM 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
1-70042.881929110147.43348.214762.7-3710.19-12232.780.90.81-0.016-364.81
2-64308.351919010147.125197.6627076.68-5268.29-28712.670.990.88-0.0095-336.69
3-1120641918410743.986331.7333955.86-6018.03-26330.311.050.83-0.015-586.72
4-45969.55191959649.747010.0536140.28-7415.88-40964.450.950.94-0.0051-240.68
5-104079191929948.177944.6543343.13-8434.21-60253.540.940.88-0.0095-544.92
6-1344531918910246.68494.3853240.42-8729.92-81083.770.970.85-0.011-703.94
7-2146461918810346.079474.1347725.3-10178.34-1036040.930.8-0.016-1123.8
8-3905061918410743.989510.8342683.28-11116.04-94655.730.860.67-0.028-2044.53
9-3283101919010147.1210213.7954100.26-12352-80586.630.830.74-0.021-1718.9
10-4640841918510644.511367.6563918.05-13493.72-1014670.840.68-0.027-2429.76
Although, strategy looks good but profit factor on day 1 is less than minimum accepted value so avoid this, see below for further analysis.

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
atrnil26.98-4344802215616525.3417575.5439443.57-8598.24-19914.872.040.69-0.034-1965.97
atrtrail24.51-4481672346417027.3510711.7239443.57-6668.93-16842.571.610.6-0.042-1915.25
atrnil39.12-6939472163418215.7426032.3859165.36-8676.09-19914.8730.56-0.05-3212.72
atrtrail34.97-5111652336217126.6110093.6743077.1-6648.96-16842.571.520.55-0.047-2193.84
atrtrail-15.27-5477852336217126.619503.0354292.14-6648.96-16842.571.430.52-0.052-2351.01

In the table above, row 1 shows the best exit criterion. Profit factor is 0.69. 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.
TORNTPHARM Performance, Profit Factor:0.694

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2019624 Jan 2019 (4.82%), 05 Apr 2019 (4.43%), 22 Jul 2019 (-3.1%), 16 Aug 2019 (-3.02%), 19 Aug 2019 (-3.24%), 11 Sep 2019 (-2.63%)
20181010 Jan 2018 (-2.59%), 25 Jan 2018 (5.33%), 21 Feb 2018 (6.64%), 07 May 2018 (5.77%), 27 Jun 2018 (-3.02%), 30 Aug 2018 (-2.41%), 31 Aug 2018 (-2.43%), 22 Nov 2018 (-3.14%), 10 Dec 2018 (-3.03%), 27 Dec 2018 (-3.09%)
2017618 Jan 2017 (-2.51%), 10 Apr 2017 (6.02%), 24 Jul 2017 (-3.28%), 21 Aug 2017 (7.96%), 29 Sep 2017 (-4.03%), 26 Oct 2017 (-3.92%)
20161011 Jan 2016 (-2.58%), 09 Feb 2016 (7.72%), 25 Feb 2016 (-4.23%), 17 Mar 2016 (-3.09%), 26 Apr 2016 (5.89%), 13 Jun 2016 (-3.03%), 12 Aug 2016 (-2.8%), 06 Sep 2016 (-3.34%), 14 Sep 2016 (-3.56%), 19 Dec 2016 (-3.19%)
2015813 Jan 2015 (-4.33%), 21 Apr 2015 (-4.11%), 22 Apr 2015 (-4.07%), 27 May 2015 (-3.47%), 30 Jun 2015 (-2.95%), 24 Aug 2015 (-3.95%), 25 Aug 2015 (-4.3%), 02 Nov 2015 (7.47%)
2014811 Feb 2014 (-3.76%), 25 Mar 2014 (-3.19%), 22 Apr 2014 (-3.59%), 16 May 2014 (-4.39%), 04 Jul 2014 (-3.09%), 13 Aug 2014 (-2.75%), 17 Sep 2014 (-3.15%), 09 Dec 2014 (-4.22%)
20131017 Jan 2013 (-2.49%), 28 Feb 2013 (-2.75%), 01 Mar 2013 (-2.77%), 25 Jun 2013 (-3.37%), 22 Jul 2013 (-2.62%), 23 Jul 2013 (5.55%), 07 Aug 2013 (7.95%), 27 Sep 2013 (6.44%), 19 Nov 2013 (-4.23%), 16 Dec 2013 (-4.45%)
2012627 Jan 2012 (-3.17%), 22 Feb 2012 (-2.77%), 13 Apr 2012 (-3.22%), 14 May 2012 (7.01%), 14 Aug 2012 (-3.09%), 29 Oct 2012 (-3.25%)
20111221 Jan 2011 (-3.31%), 03 May 2011 (-3.19%), 12 May 2011 (-3.25%), 13 May 2011 (-3.26%), 23 May 2011 (-2.89%), 26 May 2011 (-3.05%), 24 Jun 2011 (-4.0%), 25 Jul 2011 (-2.79%), 26 Jul 2011 (6.14%), 22 Sep 2011 (5.74%), 11 Nov 2011 (-3.11%), 14 Nov 2011 (6.36%)
20101015 Feb 2010 (9.45%), 12 Apr 2010 (-3.34%), 17 May 2010 (-3.56%), 15 Jun 2010 (-3.47%), 29 Jun 2010 (-3.43%), 23 Jul 2010 (-2.95%), 27 Aug 2010 (-4.05%), 28 Sep 2010 (-3.64%), 12 Oct 2010 (-3.83%), 13 Dec 2010 (-4.07%)
20091312 Jan 2009 (-7.23%), 22 Jan 2009 (-7.33%), 13 Mar 2009 (-5.82%), 28 Apr 2009 (-5.05%), 08 Jun 2009 (-6.94%), 08 Jul 2009 (-5.42%), 11 Aug 2009 (-5.27%), 12 Aug 2009 (-5.38%), 09 Sep 2009 (-5.28%), 09 Oct 2009 (-4.96%), 26 Oct 2009 (8.69%), 19 Nov 2009 (-4.71%), 11 Dec 2009 (8.94%)
20081008 Jan 2008 (-4.73%), 12 Feb 2008 (-8.42%), 10 Mar 2008 (-7.09%), 12 May 2008 (-5.01%), 21 May 2008 (8.91%), 01 Jul 2008 (-9.96%), 19 Aug 2008 (-4.85%), 08 Sep 2008 (8.58%), 09 Sep 2008 (9.89%), 20 Nov 2008 (-9.06%)
2007729 Jan 2007 (-3.91%), 14 Feb 2007 (11.38%), 26 Apr 2007 (-3.52%), 12 Jun 2007 (-5.93%), 23 Jul 2007 (11.51%), 19 Sep 2007 (-5.06%), 23 Nov 2007 (-4.54%)
20061116 Jan 2006 (-3.74%), 15 Feb 2006 (7.43%), 19 Apr 2006 (-5.18%), 18 May 2006 (-6.63%), 19 May 2006 (14.33%), 17 Jul 2006 (11.36%), 01 Sep 2006 (-3.65%), 11 Sep 2006 (-4.23%), 02 Nov 2006 (-3.71%), 20 Nov 2006 (-4.4%), 12 Dec 2006 (-6.42%)
20051117 Feb 2005 (-4.12%), 08 Mar 2005 (-4.56%), 09 Mar 2005 (-4.8%), 29 Apr 2005 (-4.39%), 20 May 2005 (-4.28%), 13 Jun 2005 (-3.69%), 23 Aug 2005 (-4.43%), 23 Sep 2005 (-4.14%), 29 Sep 2005 (-4.38%), 11 Oct 2005 (-4.73%), 23 Nov 2005 (-2.96%)
20041012 Mar 2004 (-4.29%), 15 Mar 2004 (-5.19%), 30 Apr 2004 (-4.11%), 11 May 2004 (-5.42%), 03 Jun 2004 (-4.92%), 14 Jun 2004 (-4.21%), 17 Aug 2004 (-4.74%), 12 Oct 2004 (-3.32%), 01 Dec 2004 (-3.7%), 31 Dec 2004 (10.25%)
20031322 Jan 2003 (7.45%), 07 Mar 2003 (-4.01%), 28 Mar 2003 (-4.21%), 28 Apr 2003 (-4.25%), 29 Apr 2003 (-4.33%), 29 May 2003 (-3.87%), 06 Jun 2003 (-4.18%), 09 Jun 2003 (-4.07%), 14 Jul 2003 (11.86%), 20 Aug 2003 (-5.61%), 15 Sep 2003 (-6.65%), 13 Nov 2003 (-5.77%), 29 Dec 2003 (9.21%)
2002613 Mar 2002 (-5.66%), 17 Apr 2002 (10.75%), 01 Jul 2002 (-4.14%), 23 Jul 2002 (10.56%), 13 Sep 2002 (6.38%), 20 Nov 2002 (7.65%)
2001414 Sep 2001 (-5.66%), 26 Nov 2001 (-3.89%), 06 Dec 2001 (-4.98%), 21 Dec 2001 (-7.11%)
2000207 Feb 2000 (13.82%), 03 Mar 2000 (19.72%)
19991118 Jan 1999 (9.6%), 17 Mar 1999 (-6.03%), 18 Mar 1999 (11.87%), 24 May 1999 (-5.68%), 15 Jun 1999 (-4.53%), 28 Jun 1999 (-3.55%), 27 Jul 1999 (-4.69%), 28 Jul 1999 (-4.71%), 02 Sep 1999 (-7.79%), 15 Oct 1999 (-8.39%), 26 Nov 1999 (14.12%)
19981212 Jan 1998 (-3.97%), 13 Jan 1998 (8.09%), 21 Apr 1998 (-6.04%), 24 Apr 1998 (12.77%), 03 Jun 1998 (14.36%), 27 Jul 1998 (-4.06%), 02 Sep 1998 (6.33%), 06 Oct 1998 (-3.23%), 07 Oct 1998 (-3.24%), 03 Nov 1998 (-3.45%), 05 Nov 1998 (-3.4%), 24 Dec 1998 (-3.52%)
1997921 Jan 1997 (-4.93%), 22 Jan 1997 (9.52%), 13 Mar 1997 (8.31%), 06 May 1997 (5.47%), 21 Jul 1997 (-4.89%), 19 Aug 1997 (7.95%), 28 Oct 1997 (-4.16%), 29 Oct 1997 (-4.11%), 04 Nov 1997 (8.41%)
19961124 Jan 1996 (-4.76%), 01 Mar 1996 (9.15%), 09 May 1996 (-3.85%), 10 May 1996 (-4.62%), 25 Jun 1996 (-7.56%), 16 Aug 1996 (11.64%), 13 Sep 1996 (9.63%), 05 Nov 1996 (-5.82%), 28 Nov 1996 (-6.01%), 04 Dec 1996 (-6.33%), 18 Dec 1996 (-4.53%)
1995513 Jun 1995 (-4.34%), 01 Aug 1995 (-3.01%), 14 Aug 1995 (6.7%), 25 Oct 1995 (4.11%), 30 Nov 1995 (8.75%)



View performance of other stocks for this trading system.

Get Clearnifty's Android App.

Get clearnifty on Google Play
Get clearnifty on Google Play