One ₹1,00,000 account shared by all 15 stocks, up to 5 trades at once (20% of the account each), 5-minute candles, stop loss and target as in the rules below, 0.01% slippage, all Indian charges. Stocks: RELIANCE, HDFCBANK, ICICIBANK, INFY, TCS, SBIN, BHARTIARTL, ITC, LT, AXISBANK, KOTAKBANK, HINDUNILVR, MARUTI, SUNPHARMA, BAJFINANCE.
5 EMA strategy backtest: stock by stock
| Stock | Trades | Won | Result after charges |
|---|---|---|---|
| MARUTI | 24 | 29% | −₹1,030 |
| BAJFINANCE | 170 | 39% | −₹1,684 |
| HINDUNILVR | 230 | 37% | −₹1,819 |
| SUNPHARMA | 201 | 37% | −₹1,943 |
| LT | 272 | 40% | −₹1,969 |
| AXISBANK | 280 | 40% | −₹2,442 |
| ITC | 354 | 35% | −₹3,475 |
| KOTAKBANK | 239 | 34% | −₹3,742 |
| BHARTIARTL | 465 | 36% | −₹3,820 |
| TCS | 630 | 37% | −₹6,788 |
| SBIN | 525 | 33% | −₹7,181 |
| INFY | 723 | 38% | −₹9,343 |
| ICICIBANK | 901 | 36% | −₹9,891 |
| HDFCBANK | 1129 | 34% | −₹13,559 |
| RELIANCE | 1290 | 32% | −₹15,759 |
The 5 EMA strategy rules we tested
- Plot the 5 EMA on a 5-minute chart.
- Alert candle (sell): a candle that stays completely above the 5 EMA (its low is above the EMA). Sell when the next candle breaks its low.
- Alert candle (buy): a candle that stays completely below the 5 EMA. Buy when the next candle breaks its high.
- Stop loss 0.5%, target 1.5% (three times the stop). Both sides tested on 5-minute candles.
Also called: Power of Stocks 5 EMA strategy, 5 EMA alert candle strategy.
These are the exact rules we ran. Versions taught elsewhere may differ (where the stop goes, the candle size, extra filters), and a different version can give a different result. Change any of these in the Backtest Lab and run your own version.
5 EMA strategy win rate, accuracy and success rate: questions people ask
What is the success rate of the 5 EMA strategy?
In our 12-month test on 15 NIFTY 50 stocks (2025-09-30 to 2026-09-30) it won 35.4% of 7,433 trades. Success rate alone can mislead: after all charges the account lost money (−84.4%).
Is the 5 EMA strategy profitable after charges?
In this test, no: −₹84,445 on ₹1,00,000 after brokerage, STT, exchange fees, SEBI fees, stamp duty and GST (charges paid: ₹66,169). Results change with the stocks, period and settings.
Why do videos claim 80–90% accuracy for the 5 EMA strategy?
Most claims count a few hand-picked trades, skip charges and slippage, or call a trade a win before it closes. A backtest takes every signal the rules give, on many stocks, and pays every charge.
How can I backtest the 5 EMA strategy myself?
Open it in LeadFinn's Backtest Lab (/backtest?template=ema_5_alert_candle) and run it on any NSE stock or basket, period and candle size. You can change the stop loss, target, trade size and charges.
More strategy backtests on NSE
Past results do not promise future returns. This is research, not advice. Numbers refresh when this page is rebuilt; the Backtest Lab always runs on the latest candles.