Study: Buy TORNTPHARM 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 TORNTPHARM 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 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. 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
112903351321962.755529.5436818.07-2521.68-6398.482.193.690.0752530.07
214320251312060.787356.7933349.4-4242.94-9845.751.732.690.0662807.88
311162851292256.868610.3252048.19-6275.96-15971.991.371.810.0392188.78
485284.9351242747.0611069.7572289.16-6681.08-21885.631.661.470.0251672.25
511378951272452.9411854.8988096.39-8595.55-28995.361.381.550.0282231.15
615419951242747.0615737.73111229-8278.04-36846.991.91.690.0313023.5
722383451242747.0619094.93136193-8683.13-33384.852.21.950.0394388.9
829967951262550.9820864.83163084-9712.26-31962.912.152.230.0455876.06
931557151292256.8619392.53154410-11218.76-34312.211.732.280.0486187.66
1037422451282354.922045.61171566-10567.51-31591.962.092.540.0527337.73

From the table above, we see that best results are achieved by holding positions for 1 trading days. Profit factor is 3.69. Strategy is very good and impressively bullish. Percentage of profitable trades is 62.75%, which is good. Average return per trade is 1.27%, which is not very high, don't trade solely on the basis of this study. Sharpe Ratio is 0.075, 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.
TORNTPHARM Performance, X=1, Profit Factor:3.69

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2018222 Jan 2018 (-0.58%), 26 Jul 2018 (-0.81%)
2016321 Mar 2016 (5.22%), 30 Jun 2016 (1.52%), 08 Sep 2016 (-1.13%)
2014713 Feb 2014 (0.08%), 22 Mar 2014 (-1.42%), 04 Apr 2014 (-2.27%), 25 Apr 2014 (0.55%), 09 Jun 2014 (0.7%), 30 Jul 2014 (1.25%), 29 Oct 2014 (0.46%)
2013208 Jul 2013 (-0.81%), 05 Aug 2013 (-2.25%)
2012224 Apr 2012 (0.82%), 09 May 2012 (1.05%)
2011206 May 2011 (-0.56%), 15 Jun 2011 (3.85%)
2010304 Oct 2010 (0.72%), 03 Nov 2010 (-1.03%), 20 Dec 2010 (0.19%)
2009826 Feb 2009 (0.38%), 19 Mar 2009 (-1.11%), 07 May 2009 (-3.2%), 21 Aug 2009 (5.2%), 29 Sep 2009 (2.5%), 15 Oct 2009 (2.37%), 06 Nov 2009 (2.25%), 04 Dec 2009 (-0.81%)
2008215 May 2008 (-0.76%), 26 Aug 2008 (1.18%)
2007106 Feb 2007 (2.3%)
2006231 Jan 2006 (7.97%), 21 Apr 2006 (1.34%)
2005210 May 2005 (1.06%), 18 Jul 2005 (4.08%)
2004329 Oct 2004 (1.32%), 18 Nov 2004 (-1.69%), 13 Dec 2004 (0.0%)
2003402 Jun 2003 (0.18%), 31 Jul 2003 (0.09%), 27 Aug 2003 (-0.52%), 04 Nov 2003 (-0.9%)
2002222 Feb 2002 (18.41%), 09 Apr 2002 (4.21%)
2001228 Nov 2001 (0.24%), 13 Dec 2001 (0.96%)
1999206 Aug 1999 (8.0%), 10 Sep 1999 (8.01%)
1998123 Apr 1998 (-3.13%)
1996120 Dec 1996 (-0.97%)

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-1112903351321962.755529.5436818.07-2521.68-6398.482.193.690.0752530.07
atrtrail-15.5418287754223240.7416735.7148405-5790.89-12333.532.891.990.0323386.61
atrnil37.524038054213338.8924214.3235630.09-8124.86-12333.532.981.90.0574451.49
atrnil25.3120007958283048.2815851.5623753.39-8125.5-12333.531.951.820.0583449.63
atrtrail24.0713790558263244.8312889.5723753.39-6163.24-12333.532.091.70.0462377.68
atrtrail34.7510622056243242.8612335.0935630.09-5931.94-12333.532.081.560.0341896.78

In the table above, row 1 shows the best exit criterion. Profit factor is 3.69. Strategy is very good and impressively bullish. Percentage of profitable trades is 62.75%, which is good. Average return per trade is 1.27%, which is not very high, don't trade solely on the basis of this study. Sharpe Ratio is 0.075, 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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