Study: Buy VOLTAS 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 VOLTAS 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 VOLTAS 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
169949.5627171062.967343.8321481.48-5489.55-11946.451.342.270.0682590.72
211958627151255.5612814.4148160.1-6052.48-16261.682.122.650.0694429.13
31355582718966.6711858.7337037.04-8655.47-13987.341.372.740.0825020.67
417210027171062.9615637.645448.68-9373.91-18037.381.672.840.0856374.08
516314227161159.2616919.4448148.15-9778.97-24100.421.732.520.0726042.31
617381627171062.9616097.343259.26-9983.77-21825.291.612.740.0876437.64
72032622718966.6716056.4443382.83-9528.2-24225.511.693.370.0987528.23
82420712720774.0715678.7741058.75-10214.9-23152.021.534.390.128965.6
92635082721677.7815105.7554099.42-8952.21-20585.771.695.910.139759.54
103919472721677.7820923.66105229-7908.31-22343.12.659.260.1314516.56

From the table above, we see that best results are achieved by holding positions for 10 trading days. Profit factor is 9.26. Strategy is very good and impressively bullish. Percentage of profitable trades is 77.78%, which is excellent. Average return per trade is 7.26%, 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.
VOLTAS Performance, X=10, Profit Factor:9.26

Yearwise Summary of trades in above chart

YearNumber of TradesTrade Dates
2016109 May 2016 (5.72%)
2015123 Jun 2015 (-11.17%)
2014219 Mar 2014 (6.45%), 13 May 2014 (-2.1%)
2013131 Oct 2013 (0.22%)
2012128 May 2012 (1.17%)
2009304 May 2009 (17.97%), 18 May 2009 (52.61%), 08 Sep 2009 (-6.46%)
2007430 Aug 2007 (13.8%), 11 Oct 2007 (2.4%), 26 Oct 2007 (3.7%), 16 Nov 2007 (12.41%)
2006301 Feb 2006 (10.91%), 03 Mar 2006 (5.37%), 26 Jul 2006 (0.59%)
2005127 Sep 2005 (0.17%)
2004230 Mar 2004 (15.17%), 29 Sep 2004 (-2.47%)
2003518 Feb 2003 (4.57%), 12 Jun 2003 (3.13%), 26 Jun 2003 (11.33%), 07 Nov 2003 (12.24%), 26 Dec 2003 (-0.7%)
2001125 Jan 2001 (9.58%)
1998105 Nov 1998 (-0.83%)
1997117 Dec 1997 (30.18%)

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-1103919472721677.7820923.66105229-7908.31-22343.12.659.260.1314516.56
atrnil24.1421776928161257.1420973.2132354.83-9816.9-13557.122.142.850.117777.45
atrtrail23.571686752814145019105.8227491.14-7057.6-11145.812.712.710.0936024.11
atrnil37.7720088826111542.3131437.8748532.25-9661.91-13557.123.252.390.087726.46
atrtrail34.1811901428131546.4317439.7641236.71-7180.17-11145.812.432.110.0584250.51
atrtrail-14.7999244.1328131546.4315918.9734237.27-7180.17-11145.812.221.920.0533544.43

In the table above, row 1 shows the best exit criterion. Profit factor is 9.26. Strategy is very good and impressively bullish. Percentage of profitable trades is 77.78%, which is excellent. Average return per trade is 7.26%, which is very good.
Performance of strategy chart over time is same as above.

View performance of other stocks for this trading system.