Trend-Following Backtester · Guide · backtest 한국어

equity · CA

Badger Infrastructure Solutions Ltd backtest

10 trend-following strategies were compared on the full daily history of Badger Infrastructure Solutions Ltd. 2 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 13.8%, MDD -53.4%).

Data 1997-06-25 ~ 2026-07-31daily bars 7,311 (29.1 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 12.9%, drawdown -94.3%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 13.8%, MDD -53.4%, Sharpe 0.66, 36% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 14.0%, MDD -63.0%, exposure 55%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 1.0%p higher than buy and hold, while drawdown improves by 40.8%p (CAGR 13.8%, MDD -53.4%, exposure 36%).

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
볼린저 밴드 돌파
n=53, k=2.2
13.8%-53.4%0.660.2643.5x9036%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=24, mult=4
11.9%-65.9%0.620.1826.3x6432%
Donchian 채널 돌파
entryN=114, exitN=19
11.2%-47.9%0.620.2321.8x6831%
SMA 크로스오버
fast=55, slow=105
14.0%-63.0%0.590.2245.6x7955%
ADX / DI 방향성
period=35, threshold=23
8.9%-45.4%0.560.2011.9x4616%
EMA 크로스오버
fast=39, slow=95
12.7%-76.1%0.560.1732.1x6156%
ROC 모멘텀
n=80, threshold=0.08
9.9%-71.3%0.480.1415.7x26943%
Parabolic SAR
step=0.01, maxStep=0.38
3.9%-74.1%0.280.053.0x35054%
Supertrend
period=24, mult=2.4
3.5%-86.8%0.270.042.7x28658%
MACD
fast=9, slow=47, signal=14
-1.6%-86.1%0.12-0.020.6x47449%
Buy and hold12.9%-94.3%0.490.1434.0x1100%
1x 10x 1998 2002 2006 2010 2014 2018 2022 2026 SMA 크로스오버볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -24% -47% -71% -94% 1998 2002 2006 2010 2014 2018 2022 2026 Buy and holdSMA 크로스오버볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -53.4% (1998-06-02 → 2003-06-26), recovered after 1,984 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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