Thanks @basumallick for starting this thread.
I too use similar approach, more closely similar to your TF10 (which is blend of technicals and fundamentals, hence the name TechnoFunda).
I have 2-3 different styles for each of below categories:
(a) Consistent Compounders Core Portfolio - based on fundamental factors + technical indicators on monthly and weekly charts
(b) Positional and/or momentum portfolio - based on fundamental factors + technical indicators on weekly charts (and rarely on daily charts)
The main objective of such systems are to bring objectivity to the entire process i.e. buy decisions, averaging decisions and exit decisions.
Below is the back-test results for one of the weekly indicator based strategy.
Universe: BSE 500
Test Period: 2007-2018
Total return on Capital - 63x
Average return - 2x
CAGR = ~41% (without brokerage & slippage)
This is again plain vanilla backtesting. To optimize drawdown and ride winners, I use position sizing. So initial entry is with small position sizing and then I layover strategy to pyramid the allocation so that only winners get with higher position sizing while for loosing position we get out with very small loss.
Plus fundamental research adds to conviction during averaging up of position.
This enhances risk-reward further.
Also, I use long-only strategies so that risk-reward is favourable. Since downward return for shorting can be max 100% while upside could be multi-fold.
Have covered some more aspects in below video:
Key indicators I use (with further optimization around ranges):
- Exponential Moving avarerages
- Donchian Channels
- Parabolic SAR
- Volume Profiles
Disclaimer: For educational purpose only. Please do your own diligence before applying any of this.