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Trend-Following Backtester · Guide · backtest 한국어

equity · CA

Collective Mining Ltd backtest

10 trend-following strategies were compared on the full daily history of Collective Mining Ltd. 2 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 33.0%, MDD -45.0%).

Data 2019-01-11 ~ 2026-07-31daily bars 1,897 (7.6 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 33.0%, drawdown -77.1%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 26.0%, MDD -41.6%, Sharpe 0.95, 26% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 45.9%, MDD -65.0%, exposure 75%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 6.9%p lower than buy and hold, while drawdown improves by 35.6%p (CAGR 33.0%, MDD -45.0%, exposure 52%).

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=34, k=2.5
26.0%-41.6%0.950.635.7x2426%
Supertrend
period=10, mult=3.4
23.7%-40.6%0.740.585.0x4447%
ROC 모멘텀
n=87, threshold=0.01
22.2%-45.5%0.720.494.5x6052%
SMA 크로스오버
fast=59, slow=121
22.3%-53.3%0.700.424.6x1656%
EMA 크로스오버
fast=31, slow=193
22.2%-50.6%0.690.444.5x851%
Donchian 채널 돌파
entryN=13, exitN=30
45.9%-65.0%0.680.7117.4x3275%
ADX / DI 방향성
period=36, threshold=34
9.8%-21.2%0.660.462.0x812%
Parabolic SAR
step=0.025, maxStep=0.28
42.6%-57.7%0.640.7414.6x12150%
Keltner 채널 돌파
emaPeriod=59, atrPeriod=8, mult=1.3
33.0%-45.0%0.560.738.6x4052%
MACD
fast=19, slow=51, signal=19
13.2%-39.9%0.500.332.6x5550%
Buy and hold33.0%-77.1%0.600.438.6x1100%
1x 10x 2020 2021 2022 2023 2024 2025 2026 Donchian 채널 돌파볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -19% -39% -58% -77% 2020 2021 2022 2023 2024 2025 2026 Buy and holdDonchian 채널 돌파볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -41.6% (2023-05-09 → 2024-12-18), recovered after 668 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.
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