Trend-Following Backtester · Guide · backtest 한국어

equity · AR

Cia de Transporte de Energia Electrica Class B backtest

10 trend-following strategies were compared on the full daily history of Cia de Transporte de Energia Electrica Class B. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 33.9%, MDD -40.9%).

Data 2000-08-02 ~ 2026-07-31daily bars 6,466 (26.0 years)Costs 0.5%Venue BCBAMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 38.3%, drawdown -88.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 33.9%, MDD -40.9%, Sharpe 1.06, 32% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 34.7%, MDD -79.6%, exposure 63%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 4.4%p lower than buy and hold, while drawdown improves by 48.1%p (CAGR 33.9%, MDD -40.9%, exposure 32%).

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
Donchian 채널 돌파
entryN=102, exitN=16
33.9%-40.9%1.060.831966.9x7032%
ROC 모멘텀
n=118, threshold=0
34.7%-79.6%0.910.442323.1x19863%
SMA 크로스오버
fast=16, slow=32
32.6%-58.8%0.910.551517.5x20855%
볼린저 밴드 돌파
n=59, k=2.2
28.3%-50.7%0.900.56644.5x8235%
EMA 크로스오버
fast=12, slow=159
32.3%-87.1%0.860.371452.7x7065%
ADX / DI 방향성
period=38, threshold=12
24.7%-69.8%0.820.35311.5x16038%
Supertrend
period=28, mult=5
27.6%-77.9%0.810.35561.3x9854%
Parabolic SAR
step=0.02, maxStep=0.32
27.2%-76.7%0.810.35517.3x51651%
Keltner 채널 돌파
emaPeriod=15, atrPeriod=29, mult=2.4
18.4%-65.4%0.770.2881.1x13220%
MACD
fast=17, slow=22, signal=8
23.1%-82.0%0.740.28219.6x46051%
Buy and hold38.3%-88.9%0.850.434558.8x1100%
1x 10x 100x 1,000x 2001 2005 2009 2013 2017 2021 2025 ROC 모멘텀Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -22% -44% -67% -89% 2001 2005 2009 2013 2017 2021 2025 Buy and holdROC 모멘텀Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -40.9% (2018-02-01 → 2021-03-03), recovered after 1,324 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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

Read next