Nifty 500 Swing Strategy with EMA, RSI, and ADX Filters

Summary

This long-only swing strategy combines a three-average trend structure with momentum and trend-strength filters. It requires price above the 200-period EMA, the 50-period EMA above the long EMA, ADX above a threshold, price above the fast EMA, and RSI crossing upward through 55 before entering. A percentage stop is based on the average entry price, while a close below the 50-period EMA triggers a trend exit.

The script uses a stop-loss setting of 8%, RSI length 14, EMA lengths 20, 50, and 200, and an ADX threshold of 20. These are implementation parameters, not evidence that the method is profitable. The document provides no backtest report, market dates, transaction costs, or comparison results. Its description concerns Nifty 500 equities, but does not establish how the settings perform across individual constituents or market regimes.

Key ideas

• The strategy enters long when long-term trend, ADX strength, price location, and an RSI crossover align.
• It uses 20, 50, and 200-period EMAs to describe short- and long-term price structure.
• An 8% stop is paired with an exit when price closes below the 50-period EMA.
• The document gives rules and parameter values but no performance evidence or cost assumptions.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.