Trend-Following Backtester · Guide · backtest 한국어

equity · CA

Canadian Natural Resources Limited backtest

10 trend-following strategies were compared on the full daily history of Canadian Natural Resources Limited. 0 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester.

Data 1995-01-12 ~ 2026-07-31daily bars 7,930 (31.5 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 15.4%, drawdown -79.9%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 4.6%, MDD -23.0%, Sharpe 0.55, 11% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 10.7%, MDD -61.3%, exposure 88%.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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=56, k=3.3
4.6%-23.0%0.550.204.1x2011%
ROC 모멘텀
n=77, threshold=-0.15
10.7%-61.3%0.490.1824.9x16188%
EMA 크로스오버
fast=47, slow=60
8.8%-63.2%0.470.1414.1x8363%
SMA 크로스오버
fast=28, slow=113
8.0%-63.9%0.440.1311.4x8463%
Donchian 채널 돌파
entryN=99, exitN=75
7.6%-57.3%0.430.1310.0x4656%
Supertrend
period=20, mult=4.5
4.7%-54.8%0.310.094.3x13956%
Keltner 채널 돌파
emaPeriod=45, atrPeriod=15, mult=3.8
2.8%-56.6%0.270.052.4x8221%
ADX / DI 방향성
period=33, threshold=15
1.4%-51.0%0.170.031.6x14825%
MACD
fast=16, slow=38, signal=11
-0.5%-89.4%0.10-0.010.9x46750%
Parabolic SAR
step=0.015, maxStep=0.28
-4.2%-90.7%-0.04-0.050.3x58554%
Buy and hold15.4%-79.9%0.570.1991.4x1100%
1x 10x 1996 2000 2004 2008 2012 2016 2020 2024 ROC 모멘텀볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -20% -40% -60% -80% 1996 2000 2004 2008 2012 2016 2020 2024 Buy and holdROC 모멘텀볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -23.0% (2005-09-01 → 2013-12-17), recovered after 3,142 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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