MIP-36 (Basic P&F Template)

MIP-36 is a momentum investing strategy that integrates all major components of the Momentum Investing Engine and is further enhanced with the Tadka strategy. It includes the P&F chart D-Smart indicator as an additional strategy to boost performance.

The following components of the Momentum Investing Engine are used in this strategy:

> Breakout

> Retracement for Pullback

> Trend Filter

> Ranking

> Relative Strength

> Market Trend Filter

> Tadka Strategy –> Core Strategy

The same strategy template can also be used for Momentum Trading. Tadka Strategy of Momentum Investing Plan becomes the Core Strategy of Momentum Trading Plan.

Strategy details:

> Strategy Name: MI: P&F RF tadka (MIP-36)

> Market Trend Filter: Nifty 500 index Renko 1% D Smart 80

> Performance period: 252

> Retracement: 50% from 52-week high

> Trend filter: 200-EMA

> Relative Momentum: Above P&F 10-D Smart 3% box-value

> Tadka Strategy: Above P&F 10-D Smart 3% box-value

> Allocation: Reinvestment

> Ranking criteria: Volar

> Entry Condition: User-defined (For example: Bullish P&F Pattern or PF chart above D-Smart etc.)

> Exit Condition: User-defined (For example: P&F below D-Smart or bearish pattern)

Remember, the above strategy is only a Momentum Trading template. You can define your own entry and exit conditions and backtest them to validate.

This strategy is meant to give you an idea of the possibilities — you should modify it according to your own approach.

You can customize the universe, allocation, and portfolio size based on your preferences.

Feel free to tweak the strategy parameters and backtest them using your selected universe and time period in RZone.