Study: Buy ANDHRABANK when near 200 SMA and above 200 SMA and RSI is above 50

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In this study, we evaluate the performance of strategy "Buy ANDHRABANK when near 200 SMA and above 200 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 ANDHRABANK 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
126446.88159660394012758.91-1502.18-2584.492.623.930.111763.13
237399.521510566.675090.3611847.56-2700.81-80001.883.770.132493.3
361212.761510566.678217.2915109.34-4192.03-9074.631.963.920.154080.85
474344.611511473.339417.1217812.76-7310.93-12537.311.293.540.154956.31
571282.131510566.6710496.1928628.23-6735.95-16597.011.563.120.114752.14
673320.81511473.3310858.9737475.15-11531.97-21134.330.942.590.0914888.05
764657.361510566.6711841.7237176.94-10751.97-20145.791.12.20.0784310.49
848169.8815966010814.0332405.57-8192.74-16955.221.321.980.0683211.33
968381.6515966013203.4132703.78-8408.17-18507.461.572.360.0874558.78
1063128.1615966012513.1131908.55-8248.31-17552.241.522.280.0854208.54

From the table above, we see that best results are achieved by holding positions for 1 trading days. Profit factor is 3.93. Strategy is very good and impressively bullish. Percentage of profitable trades is 60%, which is not acceptable. Avoid this strategy. Average return per trade is 0.88%, which is not very high, 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.
ANDHRABANK Performance, X=1, Profit Factor:3.93

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2016130 Jun 2016 (-)
2015116 Apr 2015 (-)
2012413 Feb 2012 (+), 06 Jun 2012 (-), 20 Sep 2012 (+), 03 Dec 2012 (+)
2011217 Feb 2011 (-), 30 Mar 2011 (-)
2010126 Mar 2010 (+)
2007524 Apr 2007 (+), 23 May 2007 (+), 14 Jun 2007 (+), 29 Jun 2007 (-), 31 Aug 2007 (+)
2002124 Jan 2002 (+)

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-1126446.88159660394012758.91-1502.18-2584.492.623.930.111763.13
200trail-14.2867737.641881044.4411878.0231656.06-2728.65-3774.44.353.480.13763.2
200nil32.3358288.71899509462.7311940.35-2986.21-3774.43.173.170.133238.26
atrnil25.7589488.611610662.513217.3316789.93-7114.12-8106.881.863.10.145593.04
atrtrail24.2971398.141710758.8211041.2516789.93-5573.48-8106.881.982.830.124199.89
200trail32.2846333.791881044.449202.5411940.35-2728.65-3774.43.372.70.112574.1
atrtrail-16.2964833.641710758.8210384.830306.73-5573.48-8106.881.862.660.0973813.74
atrtrail35.3559510.521710758.829852.4921637.02-5573.48-8106.881.772.530.13500.62
200nil21.8933333.481910952.636112.417960.23-3087.84-3774.41.982.20.0961754.39
200trail21.8425226.671991047.375936.437960.23-2820.12-3774.42.111.890.0761327.72
atrnil311.846646.1115694018487.7125184.9-7142.24-8106.882.591.730.0623109.74

In the table above, row 4 shows the best exit criterion. Profit factor is 3.1. Strategy is very good and impressively bullish. Percentage of profitable trades is 62.5%, which is good. Average return per trade is 2.8%, which is very good.
In the chart below, we plot cumulative trade gain versus trades using the best exit criterion.
ANDHRABANK Performance, Profit Factor:3.1

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2016130 Jun 2016 (+)
2015116 Apr 2015 (-)
2012413 Feb 2012 (+), 06 Jun 2012 (+), 20 Sep 2012 (+), 03 Dec 2012 (+)
2011217 Feb 2011 (-), 30 Mar 2011 (-)
2010126 Mar 2010 (+)
2007624 Apr 2007 (-), 23 May 2007 (+), 04 Jun 2007 (-), 14 Jun 2007 (-), 29 Jun 2007 (+), 31 Aug 2007 (+)
2002124 Jan 2002 (+)



View performance of other stocks for this trading system.