Trend-Following Backtester · Guide · backtest 한국어

equity · AR

Transportadora de Gas del Sur SA Class B backtest

10 trend-following strategies were compared on the full daily history of Transportadora de Gas del Sur SA Class B. 1 beat buy-and-hold CAGR; EMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 41.7%, MDD -51.2%).

Data 2000-01-03 ~ 2026-07-31daily bars 6,618 (26.6 years)Costs 0.5%Venue BCBAMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 38.4%, drawdown -79.7%).

Sharpe leader (same as main): EMA 크로스오버 — CAGR 41.7%, MDD -51.2%, Sharpe 1.05, 72% exposure.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 3.3%p higher than buy and hold, while drawdown improves by 28.6%p (CAGR 41.7%, MDD -51.2%, exposure 72%).

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
EMA 크로스오버
fast=48, slow=209
41.7%-51.2%1.050.8210592.0x1372%
SMA 크로스오버
fast=46, slow=182
37.3%-56.7%0.980.664566.5x2169%
Donchian 채널 돌파
entryN=73, exitN=95
35.2%-58.3%0.920.603033.6x2374%
ROC 모멘텀
n=148, threshold=-0.04
30.7%-64.9%0.850.471229.8x14773%
MACD
fast=13, slow=16, signal=12
18.0%-64.1%0.650.2881.8x47852%
Supertrend
period=20, mult=5
15.9%-81.1%0.590.2050.1x10756%
Parabolic SAR
step=0.015, maxStep=0.08
13.2%-76.9%0.530.1726.9x40755%
ADX / DI 방향성
period=10, threshold=13
11.7%-69.8%0.490.1719.1x58552%
볼린저 밴드 돌파
n=49, k=2.4
10.6%-53.5%0.490.2014.7x10632%
Keltner 채널 돌파
emaPeriod=44, atrPeriod=17, mult=3.3
8.9%-47.3%0.450.199.5x10429%
Buy and hold38.4%-79.7%0.910.485612.7x1100%
1x 10x 100x 1,000x 10,000x 2001 2005 2009 2013 2017 2021 2025 EMA 크로스오버Buy and hold
EMA 크로스오버: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -40% -60% -80% 2001 2005 2009 2013 2017 2021 2025 Buy and holdEMA 크로스오버
EMA 크로스오버 maximum drawdown -51.2% (2002-02-06 → 2002-12-19), recovered after 496 days.

Rules of the top strategy

Uses two exponential averages (more weight on recent prices) and trades their crossover.

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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