Trend-Following Backtester · Guide · backtest 한국어

equity · AR

Grupo Supervielle SA Class B backtest

10 trend-following strategies were compared on the full daily history of Grupo Supervielle SA Class B. 0 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is MACD (CAGR 54.8%, MDD -45.4%).

Data 2016-05-19 ~ 2026-07-31daily bars 2,493 (10.2 years)Costs 0.5%Venue BCBAMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 56.1%, drawdown -81.2%).

Sharpe leader (same as main): MACD — CAGR 54.8%, MDD -45.4%, Sharpe 1.23, 49% exposure.

Return/drawdown alternative: MACD — CAGR is 1.3%p lower than buy and hold, while drawdown improves by 35.8%p (CAGR 54.8%, MDD -45.4%, exposure 49%).

The alternative must retain 75% of buy-and-hold CAGR, improve drawdown by at least 20% and 5 percentage points, and stay below 95% exposure; the ranking weights return retention 60% and drawdown improvement 40%.

Strategy · parametersCAGRMDDSharpeCalmarTotalTradesExposure
MACD
fast=16, slow=46, signal=7
54.8%-45.4%1.231.2186.1x13649%
ADX / DI 방향성
period=38, threshold=13
45.0%-39.7%1.111.1344.2x5148%
Supertrend
period=16, mult=4.8
46.6%-69.3%1.070.6749.3x2363%
Donchian 채널 돌파
entryN=22, exitN=43
49.4%-64.8%1.050.7659.9x2773%
ROC 모멘텀
n=142, threshold=0.08
43.8%-67.1%1.030.6540.6x6662%
볼린저 밴드 돌파
n=41, k=1.5
38.8%-47.7%1.030.8128.3x6446%
Keltner 채널 돌파
emaPeriod=47, atrPeriod=17, mult=2.5
31.2%-40.3%0.950.7715.9x4242%
SMA 크로스오버
fast=11, slow=106
36.9%-59.4%0.910.6224.5x3362%
EMA 크로스오버
fast=12, slow=99
37.0%-71.4%0.910.5224.7x2964%
Parabolic SAR
step=0.015, maxStep=0.34
34.3%-68.4%0.880.5020.2x17557%
Buy and hold56.1%-81.2%1.030.6993.5x1100%
1x 10x 100x 2017 2019 2021 2023 2025 MACDBuy and hold
MACD: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -41% -61% -81% 2017 2019 2021 2023 2025 Buy and holdMACD
MACD maximum drawdown -45.4% (2021-09-13 → 2022-07-04), recovered after 479 days.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

Method and caveats

Past performance does not guarantee future returns. Parameters were selected on the same full-history sample using sharpe over 40 trials per strategy, so results contain in-sample bias. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-run the same setupAll asset reports

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