Relative-Strength-vs-NIFTY Long Leg — NIFTY 50
Side
long
Universe
NIFTY 50
Interval
1d
Stop
8%
Entry
textRS_NIFTY > 1 AND CLOSE > SMA200 AND RSI > 55Exit
textCLOSE < SMA50FAQ
What is the Relative-Strength-vs-NIFTY Long Leg — NIFTY 50 strategy?
Expresses the long leg of a relative-value trade by buying names whose relative strength versus the NIFTY is above 1 while above the 200-day average — outright benchmark-beaters — to be paired against a short index hedge, exiting when relative strength fades below the 50-day average. The companio…
What are the entry and exit rules?
It enters when RS_NIFTY > 1 AND CLOSE > SMA200 AND RSI > 55, and exits when CLOSE < SMA50.
Is it a long or short strategy?
It trades the long side — it takes long positions when the entry condition fires.
What are the risk controls?
It uses a 8% stop-loss, with risk_parity position sizing.
How do I backtest it?
Open the strategy and run a backtest to see its historical signals and equity curve on Indian market data before deploying it.
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