Swing Trading with Hull Suit Moving Average (10 Stock Portfolio)

Trading Chanakya • 2 days ago

Original source

What This Video Is About

This video is about the Hul Sweet indicator and its performance in swing trading. The speaker, Anmol Mittal, discusses the backtesting results of the indicator on 500 stocks of the NFT 500 index.

Major Ideas Discussed

  • The Hul Sweet indicator is a unique indicator that provides clarity on the trend and has less lag compared to other indicators like Simple Moving Average (SMA) and Exponential Moving Average (EMA).
  • The backtesting results show a CAGR of 34% and a maximum drawdown of 36%.
  • The strategy used in the backtesting is simple, using the Hul Sweet indicator with a length of 55 on the daily time frame, and moving funds to a liquid fund instead of short selling.
  • The results are compared to the NFT 500 index, which has a CAGR of 10.5%.
  • Key statistics from the backtesting results include a win ratio of 42%, average profit of 16%, and average loss of 6%.
  • The speaker also compares the results of the Hul Sweet indicator with other strategies, including using the indicator on the weekly time frame.

What to Watch Next

The speaker suggests that viewers can use the Hul Sweet indicator for swing trading, and that the strategy is simple and easy to follow. The speaker also invites viewers to suggest topics for future videos.