Study: Buy TVSMOTOR when above 200 SMA

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In this study, we evaluate the performance of strategy "Buy TVSMOTOR when above 200 SMA" under various conditions.

X Analysis

In the table below, we find out the performance of this trading strategy under following scenario: buy TVSMOTOR 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
125044.9929141548.284719.1312635.08-2734.86-8333.331.731.610.04863.62
249155.2929191065.525892.8719118.87-6280.93-14796.210.941.780.051695.01
379266.0629171258.629276.4733915.21-6536.16-16960.761.422.010.0612733.31
417078229181162.071298456691.6-5720.94-13318.032.273.710.0985889.02
52325862920968.9714551.5851039.07-6494.01-13863.382.244.980.138020.19
62718722920968.9717781.8746716.54-9307.22-16818.181.914.250.139374.91
72480582920968.9719672.550962.96-16154.71-53724.61.222.710.098553.71
825576429191065.5221682.7852036.58-15620.9-68472.541.392.640.0858819.44
928224429181162.0723921.9153366.58-13486.36-58540.261.772.90.0969732.56
1022401229191065.5221614.5752690.43-18666.49-69977.431.162.20.0717724.55

From the table above, we see that best results are achieved by holding positions for 5 trading days. Profit factor is 4.98. Strategy is very good and impressively bullish. Percentage of profitable trades is 68.97%, which is good. Average return per trade is 4.01%, which is very good.
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.
TVSMOTOR Performance, X=5, Profit Factor:4.98

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2018216 Jan 2018 (-2.27%), 31 Jan 2018 (-6.93%)
2017111 Aug 2017 (7.0%)
2016525 Feb 2016 (7.25%), 03 May 2016 (4.05%), 26 Jul 2016 (2.97%), 09 Nov 2016 (-4.42%), 27 Dec 2016 (7.32%)
2015424 Feb 2015 (0.91%), 23 Mar 2015 (-0.09%), 08 Apr 2015 (-2.53%), 08 Dec 2015 (3.6%)
2014424 Jan 2014 (15.11%), 16 Apr 2014 (0.58%), 25 Jul 2014 (11.64%), 25 Nov 2014 (4.78%)
2011206 Jan 2011 (-4.39%), 23 Nov 2011 (-1.66%)
2010223 Feb 2010 (25.52%), 09 Dec 2010 (4.03%)
2009208 Jul 2009 (9.23%), 28 Oct 2009 (2.68%)
2008110 Jan 2008 (-2.11%)
2006122 May 2006 (9.73%)
2005128 Oct 2005 (12.79%)
2004223 Feb 2004 (3.69%), 25 Mar 2004 (2.42%)
2003207 Mar 2003 (-4.81%), 23 Jul 2003 (10.23%)

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-152325862920968.9714551.5851039.07-6494.01-13863.382.244.980.138020.19
atrtrail-16.4415598541152636.5920709.5287930.14-5948.36-11555.453.482.010.0453804.52
atrtrail34.9811492241152636.5917971.9549024.47-5948.36-11555.453.021.740.0412802.97
atrnil39.4784498.5336102627.7831138.6149024.47-8726.44-25998.863.571.370.0282347.18
atrtrail24.5443836.0941152636.5913232.932682.98-5948.36-11555.452.221.280.0211069.17
atrnil26.2840509.9139142535.918616.2632682.98-8804.71-25998.862.111.180.0171038.72

In the table above, row 1 shows the best exit criterion. Profit factor is 4.98. Strategy is very good and impressively bullish. Percentage of profitable trades is 68.97%, which is good. Average return per trade is 4.01%, which is very good.
Performance of strategy chart over time is same as above.

View performance of other stocks for this trading system.

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